Part 8/10:
Despite the current high valuation of the stock, which raises questions about its affordability, Chen’s outlook remains optimistic. He suggests that when guided by the company’s consistent performance, continued consumer engagement, and a forward-thinking approach to market evolution, the stock holds promise for long-term investors.
Navigating Changes in the Luxury Sector
As discussions circled back to broader consumer trends, particularly in the luxury sector, Chen pointed out that the high-end market is facing transformations driven by factors like industry consolidation and evolving consumer preferences. Companies in the luxury segment are currently undergoing significant changes to navigate the competitive landscape effectively.