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Luxury Brand Management: A World of Privilege Hardcover – Aug 14 2012

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From the Inside Flap

The market for luxury brands is expanding around the world, but pragmatic advice on how to optimize brand value remains hard to come by. In Luxury Brand Management, Second Edition: A World of Privilege, two renowned industry insiders examine more than 450 internationally recognized brands from a wide range of industries, giving you everything you need to understand and capitalize on brand power.

Exploring what defines a luxury brand in the twenty-first century, as well as the ways in which the financial crisis has affected the luxury brand landscape, the book provides comprehensive coverage of all aspects of brand management. Examining the major luxury sectors—from jewelry and handbags to wines and spirits—as well as key topics like brand power and different retail possibilities, Luxury Brand Management, Second Edition incorporates practical management tools that the authors have successfully used in their own professional careers.

An essential resource for marketing, advertising, and branding professionals, as well as anyone else working with high-end brands, the book explains the essentials of evaluating brand identity, understanding international distribution, licensing, and much more. Guiding you through the brand lifecycle, from creation to decline, the book also looks to the future, revealing the five key trends that will define the evolution of the luxury industry in the years to come.

Fully revised and updated, this new edition of the classic text on brand management is a compelling look at the different dimensions of luxury management across various sectors. Addressing the issues that can make or break a bottom line and affect brand perception, this is the ultimate guide to managing a luxury brand—at home or abroad.

From the Back Cover

"Luxury Brand Management: A World of Privilege includes facts and figures never collected before which can help readers understand the main challenges of the luxury industry."
—Christian Blanckaert, Chairman of Petit Bateau and Advisor to the EPI Group

"This book combines theory and practice. It is pragmatic, well illustrated, and has solid conceptual foundations. Building on their own extensive and international professional experience in luxury brand management, the authors describe and demonstrate that management and creativity can coexist and reinforce each other. Luxury Brand Management is both timely and useful."
—Christian Pinson, Emeritus Professor of Marketing INSEAD, Fontainebleau, France

"Luxury Brand Management is very ambitious and it meets its goals."
—Françoise Montenay, Former President of Chanel SAS, Paris

"There is no business like luxury where the brand manager's role is so essential and nearly an art, as it tries to blend the magic and the apparent irrationality of the creative process with the logic and reasoning of marketing and business requirements. The authors are the first to analyze these aspects and suggest the required comprehensive tools. A must-read for managers who want to succeed in this fascinating profession."
—Carlo Valerio, Chief Executive Officer Istituto Europeo di Design, Milan

"Chevalier and Mazzalovo have written a masterful work to redefine luxury as it fits into the lifestyle of the wealthy and the newly wealthy. They have developed the concepts as well as the creative practices of luxury marketing to demonstrate the multi-channel process of 'luxury brand management.' This book provides a proactive experience in strategic business thinking."
—Dr. Arthur A. Winters, Professor Emeritus & Professor Peggy Fincher Winters, Fashion Institute of Technology State University of New York

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Most Helpful Customer Reviews on (beta) 5 reviews
4 of 5 people found the following review helpful
A good introduction of the topic to students and consumers, but not professionals Feb. 25 2013
By ServantofGod - Published on
Format: Hardcover
For those who know not that Smirnoff, Johnnie Walker, Bailey's and J&B belong to Diageo, whereas Cartier, IWC, Jaeger and Montblanc belong to Richemont, this book is definitely a good start to know how the global conglomerates are managing their portfolios of luxury brands. However, the book is more like a long report from Fortune with a lot of publicly available statistics and commonly observable facts of diverse products and industries, rather than an indepth study of how to develop and manage any luxury brand at all. For professionals who read to sharpen their edge in the game, I suggest you to give this a pass.
money well spent March 4 2014
By juan ramirez - Published on
Format: Hardcover Verified Purchase
No wonder most luxury brands are recession proof. Loved the last chapter on licensing. Should recommend to any new entrepreneur
Good intro to the sales and marketing of physical luxury goods Nov. 27 2014
By Amazon Customer - Published on
Format: Kindle Edition Verified Purchase
I liked the book and found it useful to better understand brand management. I wish there was a bit more on service industries (luxury retailing).
1 of 2 people found the following review helpful
An authority book on Luxury Marketing March 26 2013
By charisma - Published on
Format: Hardcover Verified Purchase
I am a luxury marketing student as well as professional and i will recommend this book as an authority book in the field. Pretty much a text book and lays the foundation for the industry. A must have in the book shelf !
2 of 4 people found the following review helpful
Excellent knowledge in the world of luxury Oct. 25 2012
By Dr.Sarayut Lekplipol - Published on
Format: Hardcover Verified Purchase
If you wanna build, grow, and maintain your "Luxury Brand". This book could be your bible! This book is just right for professional and academic purposes.