251. A Luxury Footprint
- Author
-
Glyn Atwal and Douglas Bryson
- Subjects
Footprint ,Flexibility (engineering) ,Challenging environment ,Consumer society ,Rapid expansion ,Business ,Destinations ,Investment (macroeconomics) ,China ,Industrial organization - Abstract
The rapid expansion of the burgeoning middle classes has transformed the dynamics of Chinese and Indian consumer society. It has also been declared that despite an increasingly challenging environment, China and India remain strategically important retail investment destinations for international luxury brands. The objective of this chapter is to identify factors within a broad strategic framework that will guide international luxury brands to develop a brand footprint in China and India. If luxury brands operating in China and India are to realize their true potential, luxury brand executives will need to ensure that a coherent and robust strategy has the flexibility to create long-term market success.
- Published
- 2017