The wealth management industry is not alone in serving wealthy individuals. Travel, hospitality, healthcare, luxury goods and many other industries cater to HNWIs just like wealth managers do.
This point of view article, published jointly with Aon (formerly Scorpio Partnership), looks at innovation challenges for the luxury retail industry. It discusses how Amazon Fashion, a new field of business opened up by the online giant Amazon, and Dubai Duty Free, a traditional brick-and-mortar yet amazingly successful luxury retailer, are approaching innovation.
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