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Answering the questions anyone working with luxury brands is asking from "Where do I set up my store?" to "How can I build customer loyalty?" authors and luxury brand management experts Michel Chevalier and Michel Gutsatz identify and address the key issues facing luxury products today. Packed with information on internet sales, setting retail pricing, advertising, and much more, the book also includes a "tool box" of techniques for managing a prestigious store.
Luxury retailing is a world unto itself, and resources on the concepts, procedures, and techniques that govern it are scarce. Presenting a holistic strategy designed to help you win over your customers before they ever set foot in your store, Luxury Retail Management covers everything executives, managers, and retail staff need to know in order to enter, expand, understand, and succeed in the world of luxury retail.
"Retail management, be it in stores, on the Web, or in salons, is the major issue for the future of luxury brands. Luxury Retail Management offers fascinating insights into the rapidly changing luxury markets and the growing expectations of their diverse and changing clientele."
Françoise Montenay, President, Chanel
"In an era when ′getting it right′ in premium retail is crucial in the luxury industry, this book delivers real insight into successful luxury retailing. Part conceptual, part operational, the book is truly insightful. Each chapter prompts key questions that luxury professionals are facing, and thanks to the authors′ trusted expertise, the insights and solutions described are very inspiring. This book is an excellent resource for luxury professionals and intriguing reading for luxury aficionados alike."
Thomas Lindemann, Group HR Director, Richemont International
"The retail dimension is fundamental for luxury branding. This book, for the first time, goes beyond intuitive thinking on retail and ′lasers′ in on the rational and technical tools that make it happen. This book will become required reading for those willing to expand their expertise in luxury management."
Daniel Piette, Chairman of L Capital; President of LVMH Investments Funds