Finding sustainable growth factors for global luxury brands post-pandemic: a qualitative study

Conference paper


Le, K. 2024. Finding sustainable growth factors for global luxury brands post-pandemic: a qualitative study. The 12th International Conference on Contemporary Marketing issues. International Conference on Contemporary Marketing Issues.
AuthorsLe, K.
TypeConference paper
Abstract

The COVID-19 pandemic profoundly disrupted the luxury fashion industry, challenging traditional business models and consumer interactions. This qualitative study examines the critical growth factors enabling global luxury brands to navigate and recover from the pandemic. Drawing on interviews with ten senior luxury brand managers in London, the research identifies three key strategies for post-pandemic growth: prioritising tailored consumer experiences across in-store and digital channels, enhancing digital engagement through innovative platforms, and achieving an effective omnichannel balance. The findings highlight the importance of understanding consumer preferences to create bespoke experiences that maintain brand exclusivity and heritage. Case studies, such as Hermès, exemplify the potential of creative digital content in sustaining brand value. These insights offer actionable strategies for luxury brand managers to address future crises while reinforcing market positioning and customer loyalty.

Keywordsluxury market; luxury brand management; global fashion marketing; fashion management
Year2024
ConferenceThe 12th International Conference on Contemporary Marketing issues
PublisherInternational Conference on Contemporary Marketing Issues
Accepted author manuscript
License
File Access Level
Repository staff only
Publisher's version
File Access Level
Repository staff only
Publication dates
Online20 Nov 2024
Publication process dates
Completed12 Jul 2024
ISSN978-618-87330-0-8
Web address (URL) of conference proceedingshttps://iccmi2024.org/wp-content/uploads/ICCMI-2024-Book-of-Abstracts.pdf
Copyright holder© [2024] [Proceedings of the International Conference on Contemporary Marketing Issues - 2024]
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