According to Bain & Company Media Center, despite the global challenges, China’s luxury goods market finished 2021 with strong double-digit growth overall, with some brands exceeding a 70% increase. Chinese consumers have continued to shop mostly in the mainland, given limited international travel options. This has led to a 48% increase of China’s domestic sales of personal luxury goods in 2020, and another 36% in 2021 totalling nearly RMB 471 billion, a near doubling in just 2 years.
Our speakers will offer you three different perspectives of the luxury market in China. Mr. Raffi Balyozyan will speak about the Chinese luxury market from a financial and investment perspective. What weight is China playing and what are the long-term investment prospects, which brands are doing well in such a competitive environment? Olivier Glauser will reveal the underside of his company’s expansion in the Chinese market. He will reveal the secrets of his success and his rich experience as Swiss entrepreneurs in China. Ruyi Xu will present the main trends of the luxury industry in China: diversification, investment, omi channel (digital), more independent brands, geographical positioning and co-branding. It will also be an opportunity for
Jimmy Chu to reveal the history of the Chinese watch brand BEHRENS which made a brilliant appearance at "Time to Watches" this year in Geneva.
Feel free to bring coworkers, business associates, and friends. Registration is open until June 13, 2022.
The event is organized by SCCC and supported by Section romande de la Société Suisse-Chine (SRSSC).
Programm Details
Jimmy Chu, Investment Advisor, R&S Associates
Raffi Balyozyan
Fund Advisor, Franck Muller Group
Raffi Balyozyan co-founded the Investment Advisory division of the Swiss luxury group Franck Muller in 2011. He is in charge of investments as an advisor of the long-only equity fund DGC - Franck Muller Luxury. Previously, he worked at Natixis from 2008 to 2010 as an equity research analyst covering the chemicals & industrial sectors as well as in leveraged finance. He started his career in 2007 as an Analyst at JPMorgan. Raffi holds a Master’s degree in Financial Markets & Investments from SKEMA Business School in France.
Olivier Glauser
Président, Cellap Laboratoire
Olivier Glauser is a former Venture Capital investor turned entrepreneur between Europe and China. He is currently the Chairman of Cellap Laboratoire SA, a high end swiss expert in phyto-cellular cosmetics. He is also the co-founder of Shankai Sports, China’s leading sports management and media company. Olivier led the negotiations to acquire many China exclusive rights such as the 12 years partnership between the International Olympic Committee and the Alibaba Group and between Ant Group and UEFA.
Olivier received a Master of Science Degree from the Swiss Federal Institute of Technology (EPFL) and an MBA from Harvard Business School.
Ruyi Xu
Founder, Ruyi & Co
Ruyi Xu has been in the luxury industry since 2011, she develops & manages the Asian market as well as the Europe market for wholesale & retail VIP clients with hands-on operational & social media marketing experience. She started her career with Chaumet from the LVMH group, then joined Roger Dubuis, Richemont group, where she built the team & lead the global VIP & personalization department. Her entrepreneurship was maximized with the family company Jacob & Co, where she became the regional brand director.
She has a master of business from the University of Queensland. She is also a holder of the GIA certification and a diploma from IMD Lausanne in Business.
Jimmy Chu
Financial advisor, R&S Associates S.A
Jimmy Chu served as a private banker for bank Pictet & Cie, whereat he was specialized in the European and Asian markets. He is currently the financial advisor for corporate and UHNW in high-value cross-border investments with R&S Associates S.A. He is acting as a consultant in the tech business with www.hkutech.com, who is specialized in the market entry for medical devices in China, and is currently a partner to drive the Chinese watch brand BEHRENS to gain international visibility in Switzerland.
He graduated in Information Technology and obtained his DEA in Business Management from the University of Geneva.
Registration is mandatory.
Substitutes for registered persons unable to attend are welcome, otherwise full no-show charge will be applied.