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.
Authors | Le, K. |
---|---|
Type | Conference 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. |
Keywords | luxury market; luxury brand management; global fashion marketing; fashion management |
Year | 2024 |
Conference | The 12th International Conference on Contemporary Marketing issues |
Publisher | International 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 | |
Online | 20 Nov 2024 |
Publication process dates | |
Completed | 12 Jul 2024 |
ISSN | 978-618-87330-0-8 |
Web address (URL) of conference proceedings | https://iccmi2024.org/wp-content/uploads/ICCMI-2024-Book-of-Abstracts.pdf |
Copyright holder | © [2024] [Proceedings of the International Conference on Contemporary Marketing Issues - 2024] |
https://repository.uel.ac.uk/item/8yxvx
18
total views2
total downloads18
views this month2
downloads this month