Global Luxury Trends

The luxury industry is currently on a remarkable journey: despite the economic slowdown, Hermès, Louis Vuitton, Gucci and their counterparts announce record sales and profits in a growing and resilient market. Luxury companies, nevertheless, affirm unanimously that this journey is as challenging as it is exciting: the acceleration imposed by globalized markets, stock markets and digital technologies, to name but a few, demand velocity and continuous adaptation.
Global Luxury Trends presents the innovative strategies and analyses the companies that are changing the way we understand the luxury world. It covers mature luxury markets like Europe and the United States, as well as the emerging markets of China, Brazil, India, Russia and South Korea. The authors explore the global trends that are both challenging current luxury models and providing opportunities for innovation and growth, including the impact of digital technology, luxury sustainability, luxury and arts, luxury and sports, luxury entrepreneurship, luxury consumption by ultra-high net worth individuals and luxury tribes.
With insights from experts around the world, the authors present a compelling and engaging framework to understand how the luxury industry is changing, and the key factors luxury professionals need to be aware of to stay ahead of the game.

The Luxury industry is booming, with the rise of Asian and emerging-market luxury brands and digital technology revolution, but what's next and what trends will shape the future?

1. On Luxury Strategizing 2. Paths for the Emergence of Global Chinese Luxury Brands 3. Luxo Brasil and Osklen's New Luxury 4. Uber Luxury: For Billionaires Only 5. Occupation Fashion Blogging: Relation Between Blogs and Luxury Fashion Brands 6. Engaging with the Luxury Consumer in China 7. Luxury and Arts in China: The Island6 Case 8. Luxury Shopping Places in China 9. Perspectives on Luxury Operations in China 10. Luxury Consumer Tribes in Asia: Insights from South Korea 11. Luxury in Russia and in Countries of Eastern Europe 12. Luxury in India: Seduction by Hypnotic Subtlety 13. Polo as a Vehicle for Communicating Luxury 14. Mimesis and the Nexus of Luxury Industry in India 15. Tesla Motors, the Reinvention of the Luxury Sports Car Industry 16. Why Buy Luxury? Insights from Consumer Research 17. Elie Saab: Strategic Presence in the Digital Luxury Space

The rise of emerging market luxury brands, digital and online innovations, and growth in consumption globally has opened the doors for seasoned luxury houses and new players to expand their horizons. This book charts the trends that are shaping the luxury industry, particularly the rise of the luxury industry in Asia and emerging markets.