Luxury and sustainability: a common future? The match depends on how consumers define luxury
Author(s) -
Jean Noël Kapferer,
Anne Michaut
Publication year - 2015
Publication title -
luxury research j
Language(s) - English
Resource type - Journals
eISSN - 2041-384X
pISSN - 2041-3831
DOI - 10.1504/lrj.2015.069828
Subject(s) - sustainability , business , advertising , marketing , environmental economics , commerce , economics , ecology , biology
Sustainability issues have become a challenge for the luxury sector whose continuous success and growth - despite recessions, economic crises and increasing social inequality - appear as a paradox or even a provocation for some critics. Based on a program of multiple surveys involving actual luxury customers, we explain why customers are not concerned about sustainability considerations when they purchase a luxury product. But this apparent uninvolvement hides a more complex reality with high latent expectations towards luxury brands. Fundamentally, the perceived contradiction between luxury and sustainability depends on how luxury is defined by consumers: it is lower for consumers defining luxury in terms of exceptional quality. This is crucial for the defence of the legitimacy of the luxury sector as a whole, and of its most iconic brands for the future.
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