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2017 | OriginalPaper | Buchkapitel

2. Luxury Dilemmas

verfasst von : Glyn Atwal, Douglas Bryson

Erschienen in: Luxury Brands in China and India

Verlag: Palgrave Macmillan UK

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Abstract

This chapter sets out to identify the key dynamics that are transforming the luxury landscapes of China and India. It is these dynamics that present new dilemmas in these ‘new normal’ market environments. For example, international luxury brands in India and China face the dilemmas of accessing new consumers, capitalizing on new distribution and communication channels, while at the same time maintaining the overall exclusivity of the brand itself. The chapter provides a rich body of discussion and debate that recognizes that the fine line between success and failure will be very much dependent on an accurate assessment of opportunities and risks.

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Fußnoten
1
Four Seasons Hotels & Resorts’ 35-minute Facebook live broadcast invited consumers to virtually board its private jet.
 
2
All diamond necklace in 18 k pink gold handcrafted by Farah Khan Fine Jewellery. All images otherwise attributed are copyright of Farah Khan. Unauthorised copying or use of images is strictly prohibited and will attract legal action unless permission is obtained in writing.
 
3
Refer to H&M’s Conscious Actions Sustainability Reports: H&M (2016) ‘Conscious Actions Sustainability Reports’, http://​sustainability.​hm.​com/​en/​sustainability/​downloads-resources/​reports/​sustainability-reports.​html#cm-menu.
 
4
Gucci recorded a 17 per cent rise in 2016 Q3 sales to more than €1billion, suggesting that the brand’s revised strategy is generating positive results (Agnew and Sanderson 2016).
 
5
In a fascinating study, Zou and Cai (2016) documented a rise of individualism in China such as the use of atypical and obscure characters to name their babies and the use of first-person singular pronouns (I, me, and mine) in popular songs.
 
6
The relaxation of China’s one-child policy means that of January 2016, couples in China can now request to have two children.
 
7
P&G´s washing detergent brand, Ariel launched an advertising campaign in India that went viral with the hashtag #SharetheLoad. The campaign ignited a discussion on how men should help with household chores. The TV commercials can be viewed at https://​www.​youtube.​com/​watch?​v=​AIr5btESyNA and https://​www.​youtube.​com/​watch?​v=​xogBz71IHAo.
 
8
In May 2016, despite intense lobbying, the Indian government rejected Apple’s proposal to sell refurbished iPhones. Apple has yet to gain approval to set up its own branded retail stores in India.
 
9
A lakh is equal to one hundred thousand.
 
10
Fifty-five per cent of ultra HNWIs are based in Mumbai, Delhi, Chennai and Kolkata.
 
11
India has 29 states and 7 union territories.
 
12
Gucci online sales increased by more than 50 per cent during 2016 Q3 (Agnew and Sanderson 2016).
 
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Metadaten
Titel
Luxury Dilemmas
verfasst von
Glyn Atwal
Douglas Bryson
Copyright-Jahr
2017
DOI
https://doi.org/10.1057/978-1-137-54715-6_2

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