As a marketing director for brands in the luxury sector for over 15 years, I'm always in search of books that can extend my knowledge and understanding of this field. I have read numerous books that attempt to tackle the subject and most barely advance beyond fairly superficial description of already known luxury strategies and repetition of text book theory.
HOWEVER, in my view this is the first book that really successfully defines the particular approaches required for luxury brands. From a truly international perspective, it provides a comprehensive and contemporary analysis of the functions of luxury in our societies. It explores all aspects of management of luxury firms, covering not just marketing but finance and human resources too. This breadth of scope extends to the range of luxury categories examined (cars, hotels, services, fashion, jewelry ...) and the theory is balanced with some very practical case studies. I was really impressed with the way this book provides a forensic analysis of the business models of many brands (including Ferrari, Cartier, Rolex, Louis Vuitton, Chanel, Armani, Burberry ...).
Having discovered The Luxury Strategy, I have since referred to it on numerous occasions to review cases and techniques used by others in order to influence our own approach. This book provides analysis that is both substantial and contemporary and, as such, I'd consider it a must for any luxury professional.