"While Bain's annual luxury study offers the most authoritative view of the sector's evolving dynamics and long-term trajectory, <b><i>The Luxury Strategy</i></b> remains the essential playbook for building enduring brands within that landscape. These two tools complement one another: where Bain maps the terrain, Kapferer and Bastien provide the compass. This new edition stays true to the timeless principles - the anti-laws of marketing, the sociological roots of luxury, and the strategic distinction between luxury, fashion and premium - that have made the book a modern classic, while thoughtfully integrating the profound shifts shaping luxury today - from digitalization to sustainability and the rise of new cultural powers."
Joëlle de Montgolfier, Executive Vice President - Global Retail & Luxury Practices. Bain & Company
"Like the iconic brands it examines, <b><i>The Luxury Strategy</i></b> became an instant classic upon its release. This third edition reaffirms its position as essential reading for anyone pursuing a career in the captivating world of luxury, or for those seeking an insightful glimpse behind the scenes. From its roots in craftsmanship and vision to its flawless execution, luxury represents a rewarding journey. Regardless of a House's size, its history is never a guaranteed path of ease. This book highlights the mandatory principles that ensure robust and sustainable growth, as well as a successful transmission to future generations of both managers and discerning clients."
Olivier Krug, KRUG Champagne Maison Director
- Chapter - 00: Introduction;
- Section - PART ONE: Back to luxury fundamentals;
- Chapter - 01: In the beginning there was luxury;
- Chapter - 02: The end of a confusion: premium is not luxury;
- Chapter - 03: Anti-laws of marketing;
- Chapter - 04: Facets of luxury today;
- Section - PART TWO: Luxury brands need specific management;
- Chapter - 05: Customer attitudes vis-à-vis luxury;
- Chapter - 06: Developing brand equity;
- Chapter - 07: Luxury brand stretching;
- Chapter - 08: Qualifying a product or service as luxury;
- Chapter - 09: Pricing luxury;
- Chapter - 10: Distribution and the internet dilemma;
- Chapter - 11: Communicating luxury;
- Chapter - 12: Financial and HR management of a luxury company;
- Section - PART THREE: Strategic perspectives;
- Chapter - 13: Luxury business models;
- Chapter - 14: Entering luxury and leaving it;
- Chapter - 15: Learning from luxury;
- Chapter - 16: Luxury and sustainable development: convergences and divergences;
- Chapter - 17: Conclusion;
- Chapter - 18: References;