In conversation with Dr Pang Yiu-kai, chairman of the Hong Kong Tourism Board, the big impact that Hong Kong makes on the global luxury market is discussed at length.
In an exclusive interview following the inaugural Leaders of Luxury Summit 2024, hosted by Robb Report Hong Kong on 27 November 2024 with support from the Hong Kong Tourism Board, Dr Pang Yiu-kai, chairman of the Hong Kong Tourism Board, shares his insights on the ever-evolving luxury landscape and Hong Kong’s pivotal role within it.
A formidable roster of delegates spoke on stage in a resoundingly positive and hopeful spirit as the conversations explored reshaping the future of luxury beyond Hong Kong. Its ripples reached far and wide as the words of the most significant players in industry, many of whom flew down especially for the event, resonated with the audience.
“When I first heard about the theme, ‘Redefining Luxury Through a Global Lens,’ I thought, ‘What better place to host such a forward-looking dialogue than Hong Kong?’” Dr Pang reflects on the overarching theme of the entire event. “Hong Kong is an ideal backdrop for such a discussion. As one of the fastest-growing luxury markets globally and the gateway to Mainland China, Hong Kong is strategically positioned to lead this conversation. With projections indicating that Mainland China will contribute 25 per cent of worldwide luxury sales by 2025, the timing of the Leaders of Luxury Summit is indeed opportune.”
Read the entire feature here at Robb Report Hong Kong