Dossier. Rethinking Globalization
Dossier. Who Represents What
Focus. The Fashion Industry and New Consumption
Innovation & Operations Management
Insittutions and Society
The World of Luxury is No Longer the Same (Which is Good)
The luxury sector is facing some important strategic challenges: the increase of production volumes and the improvement of profitability; the new management of sales offers; the compromise between exclusiveness and inclusiveness of its products; the difficulty of exceeding expectations when standards are already very high; and the country of origin as a lever for expansion at the international level. The contact with customers outside of stores or the virtual world has pushed many luxury brands to enter the hospitality sector; a strategy that responds to the desire of new generations to spend their money for a memorable experience rather than to purchase physical goods.