Preview

Sustainable Brand luxury

Powerful Essays
Open Document
Open Document
1329 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Sustainable Brand luxury
Sustainable Luxury -Is it Possible?

Submitted to

Navin K. Veerapa
LA TROBE UNIVERSITY
Bundoora Campus

Submitted By
Name of candidate: Hima Bindu Nekkanti
Student ID: 17983797
Date of submission: 10 April 2014
Academic year: 2014-2015

Table of contents

Chapter Title
Page number
(i)
Introduction
3 of 7

Sustainability luxury now
3 of 7

Sustainability luxury have been
3 of 7

Sustainability luxury can be or ought to be
3 of 7
(ii)
Focus
3 of 7

The image1
4 of 7
(iii)
Market Demand
4 of 7
(iv)
Horizons of sustainability: Raising awareness
4 of 7
(v)
Positive behavior of buyer: schemes
5 of 7
(vi)
Barriers
5 of 7
(vii)
Conclusion
6 of 7
(viii)
References
7 of 7

Sustainable Luxury -Is it Possible?
Introduction
What is striking is the similarity between the two. I can say that sustainability and luxury are similar to bedfellows. Sadly, this would be somewhat naïve. Luxury is constantly on move as said by many economists (Kapferer 2008, p.96). Sustainable fashion with its luxury indicates living harmoniously with mother earth; it is employing trained artisum in safe and humane working conditions. Luxury products are often considered to have larger environmental footprints than their peers.
There is an area where sustainability now encourages the luxury dream itself. (Exploria Art of Travel) Nature that is unspoiled is rare today, a chain of hotels emerged where the dream is sustainability like Explora in chille with resorts in Atacama and other places, and these are fully positive energy buildings, with no litter. An organic bacterium is used to destroy everything and food is produced through organic farming by native farmers and so on.
Sustainability luxury now
Luxury brands are now-a-days interested to turn over a new leaf. Many firms are repositioning to compete with others in their field through environmental and social responsibility as a point of differentiation when competing for the



References: Exploria Art Travel, 8 April 2014, www.exploria.com/sustainability Jagdish N Seth, Nirmala K Sethia, Shanthi Srinivas, 2010 “Mindful Consumption: A Customer Centric Approach To Sustainability” Academy of Marketing Science, US Kapferer, Jean-Noel, 2008 “The New Strategic Brand Management” 4th ed. Kapferer, Jean-Noel, 2013 “The European Business Review” www.europeanbusinessreview.com/?p=2869 Okonkwo, uche, 2007 “Luxury fashion branding: Trends, Tactics and Techniques”

You May Also Find These Documents Helpful

  • Powerful Essays

    Coach Inc. Case Analysis

    • 1060 Words
    • 5 Pages

    Many of these luxury goods firms aim to maintain their strong brand recognition in the existing markets. The luxury goods industry is said to have few new adopters. Instead of worrying about new competition many of the firms focus on the existing competition within the market. Many of the luxury good brands to are working harder to provide differentiated products from their competition. For instance, Coach, a brand who developed well made leather purses expanded their line of products offered to develop accessories, luggage, and even…

    • 1060 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Nordstrom Financial Analysis

    • 5459 Words
    • 22 Pages

    Silverstein, Barry. "Can Luxury Brands Sustain Themselves by Becoming Sustainable?" Brandchannel (16 Nov. 2010). Brandchannel.com | Always Branding. Always On. Web. 8 Dec. 2010. .…

    • 5459 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    Deluxe: How luxury lost its luster, by Dana Thomas, brings a hard hitting, raw look at the world of luxury and the mass demand of luxury that has occurred. The book was published by the Penguin Group in 2007. Luxury is defined by Thomas as truly special, and was only available to the aristocratic world of wealth and old money in western culture. Luxury signified an experience and lifestyle that denotes royalty, fame, and fortune. However, with large companies owning the former family-owned luxury producing businesses, profits are the main goal not the production of luxury. Thomas reveals the unfortunate demise and rise of traditional luxury companies. Wherever she looked, it seemed as though everyone owned some kind of luxury product. She asked herself, when did brands such as Chanel, Gucci, and Prada become so widely used and available to anyone anywhere? Thus, the beginning of her research into the world of luxury and her book, Deluxe: How luxury lost its luster.…

    • 2162 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    The Consumer Study: From Marketing to Mattering The UN Global Compact-Accenture CEO Study on Sustainability In collaboration with Havas Media RE:PURPOSE Contents Introduction 3 Optimism and quality of life: a three-speed world 5 Business: failing to live up to greater expectations 6 Accountability: governments, business and rising expectations 7 From belief to behaviour: sustainability and purchasing decisions 9 Meeting expectations, fulfilling needs: a closer connection 11 Integration, innovation and transparency: implications for business 13 1 From Marketing to Mattering Generating Business Value by Meeting the Expectations of 21st Century People The UN Global Compact-Accenture Study on Sustainability In collaboration…

    • 4503 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Marketing & sustainability

    • 1346 Words
    • 5 Pages

    Hanss, D & Bohm, G 2012, ‘Sustainability seen from the perspective of consumers’, International Journal of Consumer Studies, vol. 36, no. 6, pp. 678 – 687.…

    • 1346 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Cornelissen, G., Pandelaere, M., Luk, W., & DeWitte, S., (2008, February). Positive Cueing: Promoting Sustainable Consumer Behavior by Cueing Common Environmental Behaviors as Environmental. International Journal of Research in Marketing, 25(1), 46-55. Retrieved from http://www.sciencedirect.com.contentproxy.phoenix.edu/science/article/pii/S0167811607000699…

    • 1615 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    This report was completed to focus on multi-national retail company, H&M, and their quest for producing high-quality production while aiming to achieve sustainability and environmentally conscious goals. H&M is valued for their quality fashion while still providing affordability to consumers. They partake business in 43 different countries on 4 separate continents and have about 8.7 million Facebook fans as of 2011. With such widespread recognition and success internationally, H&M serves as a leading example for competing retailers to follow. H&M has made it their mission to provide consumers with the best products by engaging in conscious actions, or better known as “H&M Conscious”. CEO, Karl-Johan Persson, further explains this concept by stating that, “Our vision is clear: All our operations should be run in a way that is economically, socially and environmentally sustainable”. H&M Conscious consists of a 7-step strategy to: (1) provide fashion for conscious customers, (2) choose and reward responsible partners, (3) be ethical, (4) be climate smart, (5) reduce, reuse, and recycle, (6) use natural resources responsibly, and (7) strengthen communities.…

    • 1584 Words
    • 7 Pages
    Better Essays
  • Good Essays

    What is sustainability? Sustainability refers to the use of energy and keeping everything together. We control energy using sustainability, and we use it everyday in our daily lives. In the article we read in class called, “Sustainable Fashion” they talked about how cotton wasn’t a good choice as a fabric because of all the resources wasted in order to make it. Thus, wanting to find a better resource we could make fabric from that wouldn’t be as wasteful.…

    • 401 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Kapferer, J. N. (1998), “Why Are We Seduced By Luxury Brands? The Journal of BrandManagement, 6, (1) ,449…

    • 6104 Words
    • 25 Pages
    Powerful Essays
  • Powerful Essays

    Case Study Fast Fashion

    • 1253 Words
    • 6 Pages

    Fast Fashion, Sustainability, and the Ethical Appeal of Luxury Brands. PDF Document. Annamma Joy, John F. Sherry, Jr, Alladi Venkatesh, Jeff Wang and Ricky Cha…

    • 1253 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    Sustainability

    • 4567 Words
    • 19 Pages

    The purpose of this report is to examine sustainability from the world’s perspective and to draw the attention of business managers the importance of sustainability to its business and its influence on organisational behaviour. Sustainability is universally defined as the ‘development that meets the needs of the present without…

    • 4567 Words
    • 19 Pages
    Best Essays
  • Powerful Essays

    Burberry Case

    • 2746 Words
    • 11 Pages

    According to industry observers, luxury brands tend fare better than mass market brands during times of economic hardship. It is agreed, that in general luxury products are based on basic…

    • 2746 Words
    • 11 Pages
    Powerful Essays
  • Best Essays

    Hotels Going Green

    • 3665 Words
    • 15 Pages

    Tourism industry has become one of the most significant industries in contributing to the world economy. It has also acted as one of the main revenue sources for numerous countries around the world (UNWTO 2010). This has undoubtedly proves the importance of tourism industry to the world. However, the large and increasing scale of tourism has caused major negative environmental impacts to the Earth (Theobald, 1998; Bohdanowicz, 2005; Dodds, 2005; Graci, 2008). Immanuel William (2011) claimed that hotel industry is also viewed as one of the most waste-producing industries around the globe. The seriousness of the environmental degradation caused by hoteliers had made several hotel associations to urge hoteliers to go green. Hotel Associations such as International Hotel and Restaurant Association, the American Hotel and Lodging Association had set benchmark for hotels to go green so as to ensure hoteliers practicing eco-tourism (Bohdanowicz, 2005).…

    • 3665 Words
    • 15 Pages
    Best Essays
  • Powerful Essays

    Green Marketing

    • 2411 Words
    • 10 Pages

    This report will first outline the social costs of environmental sustainability; this will include topics from convenience to lack of acknowledgement. It will then outline the economic costs, followed by social and economic benefits. The concluding remarks will outline whether or not green marketing is worth it overall.…

    • 2411 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Hul's Marketing Strategies

    • 18414 Words
    • 74 Pages

    As the bee searches for nectar, flowers are pollinated, crops grow.... Every small action makes a big difference.…

    • 18414 Words
    • 74 Pages
    Good Essays

Related Topics