Evidence receipt / belief
Published · transcript-backedBen Gilbert: belief
21 Feb 2023 Acquired LVMH
“I think what we haven't talked about is Gen Z buying luxury three years to five years earlier than Millennials did, which I think is pretty interesting.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 21 Feb 2023
- Publisher
- Acquired
- Episode
- LVMH
Transcript context
…You're welcome. I was wondering how long it would take you to get that. All right, bull case. We've talked about luxury as recession-proof, we've talked about how these brands are insanely durable. I think what we haven't talked about is Gen Z buying luxury three years to five years earlier than Millennials did, which I think is pretty interesting. Also, especially under Alexandre's leadership, LVMH has been much more open to collaborations than they have in the past. You see the Tiffany and Nike, you see the Jay-Z and Beyonce. You see some of the stuff they were doing with Rimowa. I think the rise of luxury streetwear and sneakers among Gen Z is going to end up playing in LVMH's favor. Yeah. The Tiffany-Nike collaboration, one, those shoes look pretty awesome.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.