Daily Archives: June 6, 2011

Speaking at the Business of Luxury summit in Lausanne, Gavyn Davies, chairman of Fulcrum Asset Management and an FT blogger, and Jim O’Neill, chairman of Goldman Sachs Asset Management, had some interesting things to say about two of the biggest luxury consumers: the Chinese and the American, what’s happening to them, and what it means for the future.

Specifically, they painted an “Invasion of the Body Snatchers” scenario, where the two groups change places in the next year or so. Read more