Stephanie Lim Pierce
MORE women are in the workforce than in previous generations, and the number of high net worth and ultra-high net worth women is increasing year on year. What are these women buying, and how is this changing the luxury assets landscape?
Items such as art, wine, classic cars, watches and jewellery are usually included in luxury asset lists. These are assets that combine cultural cachet with perceived investment value. They are also assets that are either traditionally considered to be genderless, targeted at men or bought by men for women. Women can and do buy all of the above but there is another fast-growing asset class that is overwhelmingly consumed by women - luxury handbags....
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