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"Chanel suits, Louis Vuitton bags and Omega watches are now objects that embody a globalized material culture. Over the past 30 years, the luxury goods industry has undergone a tremendous expansion around the world. However, it remains largely dominated by European companies, ranging from diversified conglomerates such as LVMH and Richemont to independent companies such as the Italian fashion houses Armani and Ermenegildo Zegna, and industrial groups like Swatch and L'Oréal or new start-ups such as Richard Mille. How and why did these companies succeed? How did they manage to transform a sector previously dominated by small family firms into a global big business? The Formation and Growth of the Global Luxury Industry presents the development of the global luxury goods industry from the 1980s to the present day. It highlights the strategies implemented by a new generation of entrepreneurs and explains, beyond the glamorous image conveyed by luxury brands, the sources of success of these firms. An essential book for understanding the success of the contemporary luxury industry"--
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"Luxury Marketing, Sustainability and Technology explores how new technologies, sustainability and relationship marketing impact and change the future of luxury brand management. Whilst the luxury industry is experiencing exponential growth, further research is vital to improve knowledge and understand how luxury management operates in the new age of marketing. Through a range of empirical and theoretical contributions, this book offers clear insights on relationship marketing and luxury management. It examines the growth of luxury, marketing strategies for luxury brands, advertising and communication of luxury brands, AI and disruptive technology in luxury marketing, and sustainability and pro-environmental luxury. All the chapters close with practical summaries and recommendations for businesses practice. This book is a useful reference for scholars and postgraduate researchers across luxury management and marketing, including those interested in international marketing, social media marketing, fashion management, as well as innovation management and sustainability"--
Luxury goods industry --- Retail trade --- Management. --- Industries
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"Offering a holistic approach to positive luxury, this comprehensive book provides a novel framework grounded in the new paradigm of Transformative Luxury Research (TLR) stream. TLR helps luxury businesses and researchers develop in-depth knowledge about the mechanisms and factors that shape the future of positive luxury thinking and doing while promoting collective and individual well-being outcomes, social justice, eco-friendly practices, and sustainable growth, involving various stakeholders, communities, and institutions across developed and developing countries. Through a wide range of empirical, methodological, and theoretical contributions, examining the social, environmental, organizational, political, and cultural issues in responsible luxury marketing, this book explores the relationship between luxury consumption, production, and well-being outcomes. It offers a comprehensive overview of how luxury businesses can transform their practices and thus play an active role in promoting positive luxury within the industry and beyond along with enhancing their competitiveness, innovation, and profitability. The idea of well-being outcomes and sustainable growth, as applied in the TLR agenda, calls for synergistic theoretical and methodological approaches. The content of this book, through different exciting chapters, will generate novel ideas to promote positive luxury business models leading luxury firms to transform their practices by advancing the current understanding of ethical and responsible business practices, which contribute to individual and collective well-being within the luxury field"--
Luxury goods industry. --- Social responsibility of business.
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This book provides a comprehensive overview of the key themes surrounding luxury brand management and the core issues faced by luxury firms today.
Luxury goods industry --- Brand name products. --- Management.
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Le luxe connaît de grands bouleversements qui sont autant de défis et de ruptures à traverser : digitalisation, renversement du rapport de force avec le client, organisations internationalisées, nouvelles chaînes de valeur et enjeux du développement durable... Le luxe doit sans cesse se réinventer, au point que sa définition semble de plus en plus insaisissable. Ce livre, par un travail rigoureux, définit et distingue les concepts qui traversent le luxe en prenant soin d'en comprendre les racines comme les enjeux futurs.Avec un plan simple qui permet à tout étudiant en marketing ou stratégie de s'y retrouver, mais avec une réflexion approfondie qui captivera les professionnels du secteur, l'ouvrage livre les secrets de la fabrique du luxe avec clarté. C'est à un voyage de philosophie du marketing auquel nous invite l'auteure, qui analyse chacun des éléments classiques du mix marketing pour en disséquer la réalité contemporaine dans le luxe à l'aide de nombreux exemples.
Luxury --- Luxury goods industry --- Consumer behavior --- Luxuries
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Trente ans de fertilisation croisée entre le triangle d'or de la Silicon Valley (Palo Alto, Mountain View, San Francisco) et celui du luxe (avenue Montaigne, rue Cambon, place Vendôme) ont permis aux acteurs de ce secteur de se placer à l'avant-garde de l'utilisation des réseaux sociaux et des technologies blockchain. Champion du Web 2.0, le secteur a su déterminer l'usage optimal des réseaux pour réinventer la pertinence culturelle de ses Maisons, renforcer la désirabilité de son offre et préserver la réputation de ses marques lors des périodes de crise. Pionnier du Web 3.0, il a testé plus que tout autre secteur les opportunités offertes par les NFTs, les cryptomonnaies et le métavers. Ces explorations protéiformes permettent à des usages pérennes et créateurs de valeurs d'émerger. Les très hauts niveaux de croissance du secteur du luxe et sa résilience face aux crises sont la traduction directe de cette maîtrise de l'art digital et lui confèrent une valeur d'exemple auprès des autres industries.
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Understand what makes a luxury brand, how to market one successfully and the latest opportunities created by technological developments and end-to-end sustainability with this complete guide to luxury brand management.
Luxury goods industry --- Brand name products --- Management.
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"This textbook examines fashion luxury brand management, providing students with a comprehensive understanding of its origins, unique components, current practices, global trade and most importantly, the application of sustainable models to the industry. It also highlights what makes brands fail and how they can become more resilient. The key content covers the heritage of luxury brands, the importance of craftsmanship and creative direction, the role of luxury conglomerates, cultural awareness and internationalisation, risks of failure and opportunities for revitalisation as well as the application of sustainable measures for a resilient and ethical brand future. Each chapter includes a combination of industry insights, case studies or expert interviews. Coupled with theory frameworks and business models, these examples and case studies show how sustainable models can be applied to existing luxury brands and how practices can be embedded into the brand concept. Students are encouraged to think about opportunities and solutions, unique to luxury brand management, and will gain knowledge and skills for a successful future career. A truly global and holistic textbook, Luxury Fashion Brand Management and Sustainability should be core and recommended reading for advanced undergraduate and postgraduate students studying Luxury Fashion Management, Luxury Brand Management, Sustainable Fashion and Responsible Business, Fashion Marketing and Communications. Supplementary online resources include chapter-by-chapter PowerPoint slides and a test bank"--
Luxury goods industry --- Management --- Sustainable development. --- Management. --- Environmental aspects.
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This is one of the first textbooks to explore the research process within the specific context of luxury brand management.
Luxury goods industry --- Management --- Research --- Management. --- Research. --- Methodology.
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"Made in Italy holds a highly significant position in the global luxury market, as an economic, cultural and social phenomenon and textbook example of the country-of-origin effect. Whilst in the past luxury was conceptualised as an exclusive benefit of the few, it is now a highly diversified ecosystem with disruptive challenges to its identity and authenticity, led by new customer segments. This book - through an analysis of diverse cases - answers the key issues in the industry of the new Made in Italy luxury, with a particular focus on sustainability. The book provides an in-depth view into luxury Made in Italy, from historical roots, heritage and tradition to major forces of change and innovative, entrepreneurial adaptations in the twenty-first century. It situates Made in Italy in the broader global context of change, with regards to the call for sustainable manufacturing and consumption. Written by an international pool of academics and experts in luxury brand management, the book presents a series of case studies to explore how the industry is responding to new consumer expectations and demand to maintain competitive advantage. This unique collection will be of interest for academics, scholars and upper-level students across the fields of luxury management and marketing, brand management, consumer behaviour as well as sustainability"--
Luxuries --- Luxury goods industry --- Consumption (Economics) --- Marketing. --- Consumer demand --- Consumer spending --- Consumerism --- Spending, Consumer --- Demand (Economic theory) --- Industries --- Luxury goods --- Luxury services --- Commercial products
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