The growth strategies of independent luxury companies
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.14/38518 |
Resumo: | Today, the luxury industry mostly can be seen as made of few players, also being referred to as conglomerates. When companies grow within the luxury market, they usually belong to or are acquired by large conglomerates such as LVMH, Kering or Richemont. However, we do not know how independent luxury companies can grow in this competitive environment. To fill this gap, this thesis answers the following research question: how can independent luxury companies grow? I conducted a comparative case study on three brands. The results show that independent companies pursue different strategies for growth within the market, resulting from the fact that the companies use effects that are unique to their identity as an independent company; such as purpose, agility, and authenticity. In addition, the brand identity is deeply rooted within the corporate structure, and outsiders, such as shareholders, do not need to be primarily satisfied. |
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The growth strategies of independent luxury companiesLuxuryGrowthIndependent companiesLuxury marketLuxury structureDomínio/Área Científica::Ciências Sociais::Economia e GestãoToday, the luxury industry mostly can be seen as made of few players, also being referred to as conglomerates. When companies grow within the luxury market, they usually belong to or are acquired by large conglomerates such as LVMH, Kering or Richemont. However, we do not know how independent luxury companies can grow in this competitive environment. To fill this gap, this thesis answers the following research question: how can independent luxury companies grow? I conducted a comparative case study on three brands. The results show that independent companies pursue different strategies for growth within the market, resulting from the fact that the companies use effects that are unique to their identity as an independent company; such as purpose, agility, and authenticity. In addition, the brand identity is deeply rooted within the corporate structure, and outsiders, such as shareholders, do not need to be primarily satisfied.Hoje em dia, a indústria do luxo pode ser vista principalmente como sendo feita de poucos intervenientes, sendo também referida como conglomerados. Quando as empresas crescem no mercado do luxo, normalmente pertencem ou são adquiridas por grandes conglomerados como a LVMH, Kering ou Richemont. No entanto, não sabemos como as empresas de luxo independentes podem crescer neste ambiente competitivo. Para preencher esta lacuna, esta tese responde à seguinte questão de investigação: como é que as empresas de luxo independentes crescem? Realizei um estudo de caso comparativo em três marcas. Os resultados mostram que as empresas independentes seguem diferentes estratégias de crescimento dentro do mercado, resultantes do facto de as empresas utilizarem efeitos que são únicos à sua identidade como empresa independente, tais como finalidade, agilidade e autenticidade. Além disso, a identidade da marca está profundamente enraizada na estrutura da empresa, e as pessoas de fora, como os accionistas, não precisam de ser satisfeitas em primeiro lugar.Leglise, LaureVeritati - Repositório Institucional da Universidade Católica PortuguesaThelen, Hendrik Maximilian2023-01-04T01:30:33Z2022-01-262022-012022-01-26T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.14/38518TID:202965139enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-12T17:44:01Zoai:repositorio.ucp.pt:10400.14/38518Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T18:31:27.407208Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
The growth strategies of independent luxury companies |
title |
The growth strategies of independent luxury companies |
spellingShingle |
The growth strategies of independent luxury companies Thelen, Hendrik Maximilian Luxury Growth Independent companies Luxury market Luxury structure Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
The growth strategies of independent luxury companies |
title_full |
The growth strategies of independent luxury companies |
title_fullStr |
The growth strategies of independent luxury companies |
title_full_unstemmed |
The growth strategies of independent luxury companies |
title_sort |
The growth strategies of independent luxury companies |
author |
Thelen, Hendrik Maximilian |
author_facet |
Thelen, Hendrik Maximilian |
author_role |
author |
dc.contributor.none.fl_str_mv |
Leglise, Laure Veritati - Repositório Institucional da Universidade Católica Portuguesa |
dc.contributor.author.fl_str_mv |
Thelen, Hendrik Maximilian |
dc.subject.por.fl_str_mv |
Luxury Growth Independent companies Luxury market Luxury structure Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Luxury Growth Independent companies Luxury market Luxury structure Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
Today, the luxury industry mostly can be seen as made of few players, also being referred to as conglomerates. When companies grow within the luxury market, they usually belong to or are acquired by large conglomerates such as LVMH, Kering or Richemont. However, we do not know how independent luxury companies can grow in this competitive environment. To fill this gap, this thesis answers the following research question: how can independent luxury companies grow? I conducted a comparative case study on three brands. The results show that independent companies pursue different strategies for growth within the market, resulting from the fact that the companies use effects that are unique to their identity as an independent company; such as purpose, agility, and authenticity. In addition, the brand identity is deeply rooted within the corporate structure, and outsiders, such as shareholders, do not need to be primarily satisfied. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-01-26 2022-01 2022-01-26T00:00:00Z 2023-01-04T01:30:33Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.14/38518 TID:202965139 |
url |
http://hdl.handle.net/10400.14/38518 |
identifier_str_mv |
TID:202965139 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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