Luxury is slowing down globally — with major brands seeing sales dip as consumers pull back on discretionary spending. But Michael Hill’s CEO says the picture isn’t that simple.

We unpack what’s really driving the downturn, from shifting global demand to rising gold prices — and why “accessible luxury” could still be a winning strategy.

This bite is from our episode ‘Pressure makes diamonds: Michael Hill’.

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Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance.

Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.

Luxury is slowing down globally &mdash; with major brands seeing sales dip as consumers pull back on discretionary spending. But Michael Hill&rsquo;s CEO says the picture isn&rsquo;t that simple.
We unpack what&rsquo;s really driving the downturn, from shifting global demand to rising gold prices &mdash; and why &ldquo;accessible luxury&rdquo; could still be a winning strategy.
This bite is from our episode &lsquo;Pressure makes diamonds: Michael Hill&rsquo;.
For more or to watch on YouTube&mdash;check out <a href="http://linktr.ee/sharedlunch">http://linktr.ee/sharedlunch</a>
For more places to follow Shared Lunch&mdash;check out <a href="http://linktr.ee/sharedlunch">http://linktr.ee/sharedlunch </a>Shared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it&rsquo;s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions&mdash;including a Target Market Determination and IDPS Guide for Sharesies Australian customers&mdash;can be found on our relevant Australian or NZ website.
Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance.
Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.

A conversation with experts, CEOs, and you. We talk to company leaders and industry experts every week. Listen or watch over lunch or whenever for what’s happening in the economy, the markets, and the companies you invest in.

Investing involves risk. This channel is brought to you by Sharesies Limited (NZ) in New Zealand. Information provided is general advice only and current at the time and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the product disclosure documents available from the product issuer before making a financial decision. Our disclosure documents, can be found on our website.

If you require financial advice, you should seek advice from a qualified financial advisor. The views expressed by individuals are their own and Sharesies does not endorse any of the guests or the views they hold.

A conversation with experts, CEOs, and you. We talk to company leaders and industry experts every week. Listen or watch over lunch or whenever for what&rsquo;s happening in the economy, the markets, and the companies you invest in.
Investing involves risk. This channel is brought to you by Sharesies Limited (NZ) in New Zealand. Information provided is general advice only and current at the time and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the product disclosure documents available from the product issuer before making a financial decision. Our disclosure documents, can be found on our website.
If you require financial advice, you should seek advice from a qualified financial advisor. The views expressed by individuals are their own and Sharesies does not endorse any of the guests or the views they hold.

Shared Lunch

Bite: Selling luxury in a tough market

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3b160c14-b352-4aff-a4b0-b439017d79dc/transcript