Premises of reshoring development in luxury goods sector
Michał Młody , Beata Stępień
AbstractThe purpose of the article is to analyse the development of reshoring trend in the luxury goods sector. The analysis is based on the contemporary redefinition of luxury goods which relates to the increasing volume of goods marketed as luxuries yet placed at the bottom of the luxury. The article also attempts to answer the question if reshoring in the luxury goods sector can restore the traditional meaning of luxury and if at all the tiers of luxury ladder such a revival is possible and desirable. Luxury fashion, luxury automotive and luxury jewellery industry are within the scope of the analysis. The article assumes a value-driven perspective, including, in a model way, the premises of reshoring and near-reshoring development in the industries on the tiers of the luxury ladder. The empirical layer illustrates the early indications of reshoring and near-reshoring in each industry.
|Publication size in sheets||0.3|
|Book||Piscitello Lucia, Elia Stefano (eds.): Internationalization in the information age. Proceedings of the 43rd European International Business Academy Conference, 2017, European International Business Academy, ISBN 978-88-6493-042-8, 140 p.|
|Keywords in English||reshoring, near-reshoring, luxury goods sector, luxury supply chains, luxury fashion, luxuryncars, luxury jewellery, country of origin, sustainability, brand image, luxury pyramid|
|Not used for evaluation||yes|
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