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The year 2024 presented an inflection point for China’s luxury market as economic pressures, shifting consumer behaviors, and growing arbitrage dynamics highlighted structural weaknesses in what was once the most promising growth engine for global luxury brands. The slowdown was underscored by a weakened economy, a persistent real estate crisis, and a discerning younger generation…

IWC Associate Director of Research & Development Stefan Ihnen We have a rare treat this issue – an extended discussion with longtime IWC Associate Director of Research & Development Stefan Ihnen. In fact, this issue of Legacy has the distinction of featuring some relatively new voices for our readers – but you can discover that…