Luxury and Sustainability: Technological Pathways and Potential Opportunities
1. Introduction
2. Defining Luxury
3. Framing Sustainability
4. Matching Luxury and Sustainability
5. Sustainable Luxury: Preliminary Remarks
6. Contributors to Special Issue
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
References
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Author(s) | Description | Research Focus |
---|---|---|
Dubois and Paternault [17] | Luxury products enable consumers to achieve their “dream value”, which is provided by the products. | Luxury product |
Kapferer [18] | The word luxury has different meanings: It can be an impression, which is subject; it can also be a concept or category; it can also be a term associated with moral disapproval. Luxury brands are multifaceted, comprising beauty, quality, exclusivity, sensuality, history, uniqueness, high price, artistry, and creativity. | Luxury brand |
Nueno and Quelch [19] | Luxury brands are defined as brands where the ratio between functional utility and price is low, and the ratio between intangible and situational utility to price is high. Luxury brands provide a sense of indulgence, irrespective of the cost. | Luxury brand |
Vigneron and Johnson [20] | Luxury brands are a type of prestige brand providing interpersonal values such as conspicuousness, uniqueness, and social value and personal values such as hedonic or emotional and quality value. | Luxury brand |
Phau and Prendergast [21] | Luxury brands have a distinguished brand identity with elevated brand awareness and quality, they are exclusive, and they are able to maintain sales and preserve customer loyalty. | Luxury brand |
Dubois et al. (2001) [22] | Luxury has six characteristics, namely: high price, quality, uniqueness and scarcity, attractiveness, history, and extravagance. | Luxury |
Vickers and Renand [23] | Luxury goods can be conceptualized and differentiated from non-luxury ones by the instrumental performance exhibited, which is mainly measured by symbolic, experientialism, and functionalism interactionism. | Luxury product |
Vigneron and Johnson [24] | Luxury is multidimensional and controlled by factors such as quality, uniqueness, conspicuousness, extended self, and hedonism. | Luxury |
Beverland [25] | Luxury brand has six brand components: product integrity, value-driven emergence, culture, marketing, history, and endorsement. | Luxury brand |
Okonkwo [26] | Luxury products include characteristics such as exclusivity, controlled limitedness, high price and quality, enhanced brand identity, emotional appeal, creativity, art, originality. | Luxury product |
Wiedmann et al. [27] | Luxury can be conceptualized based on value, namely: financial, functional, individual, and social value. | Luxury |
Berthon et al. [28] | Luxury can be conceptualized more by objective (material), collective (social), and subjective (individual) dimensions. It is more than a list of characteristics or attributes. Luxury products provide symbolic, experiential, and functional value. | Luxury |
Keller [29] | Luxury brands exhibit 10 attributes; popular among them are superior quality, image, and price. | Luxury brand |
Hagtvedt and Patrick [30] | Luxury brands can be conceptualized as brands that have premium goods, which give pleasure to consumers and connect with them at an emotional level. | Luxury brand |
Fionda and Moore [31] | The authors identified nine dimensions of the luxury brand: exclusivity, high price, history, culture, enhanced brand identity, product integrity, strong brand elements, strategy, and controlled limitedness. | Luxury brand |
Juggessur and Cohen [32] | The terms “luxury” and “prestige” are synonyms; luxury brands have intangible value and superior design, status, quality, and fashion. | Luxury |
Kapferer and Bastien [33] | Luxury is a social phenomenon; it is a tool for creating social distance. It is multisensory and experiential; qualitative over quantitative; hedonic over functionality. | Luxury |
Tynan et al. [34] | Luxury brands are brands that provide non-essential products and services, which have attributes such as high price, quality, originality, exclusivity, rarity, and prestige, and offer value, such as experiential, functional, psychological, and symbolic. | Luxury brand |
Kauppinen-Räisänen et al. [16] | Luxury is a subjective contextual interpretation of a lived experience, as opposed to being embedded within the offering itself. | Luxury |
Ko et al. [15] | Luxury brand is a branded product or service that consumers perceive to: be of high quality; offer authentic value via desired benefits, whether functional or emotional; have a prestigious image within the market; be worthy of commanding a premium price; be capable of inspiring a deep connection or resonance with the consumer. | Luxury brand |
Dimensions | Description | Author(s) |
---|---|---|
Environmental | Sustainability as respect for the environment and for all its resources | Berns et al. [50]; Pullman et al. [51] |
Social | Sustainability as corporate social responsibility. There may follow a “corporate sustainability” aimed at meeting long-term stakeholders’ needs | Dyllick and Hockerts [52]; Montiel [53]; Closs et al. [49] |
Organizational | Sustainability as a firm’s core ideology, driving corporate behaviours. Its legitimation requires the sharing of sustainable business principles among stakeholders and all the supply chain’s actors | Closs et al. [49] |
Economic | Sustainability as a source of positive performance. This implies the preservation of a sustainability-oriented culture in the firm and in all its interacting economic subjects | Margolis and Walsh [54]; Ambec and Lanoies [55] |
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Ranfagni, S.; Ozuem, W. Luxury and Sustainability: Technological Pathways and Potential Opportunities. Sustainability 2022, 14, 5209. https://doi.org/10.3390/su14095209
Ranfagni S, Ozuem W. Luxury and Sustainability: Technological Pathways and Potential Opportunities. Sustainability. 2022; 14(9):5209. https://doi.org/10.3390/su14095209
Chicago/Turabian StyleRanfagni, Silvia, and Wilson Ozuem. 2022. "Luxury and Sustainability: Technological Pathways and Potential Opportunities" Sustainability 14, no. 9: 5209. https://doi.org/10.3390/su14095209
APA StyleRanfagni, S., & Ozuem, W. (2022). Luxury and Sustainability: Technological Pathways and Potential Opportunities. Sustainability, 14(9), 5209. https://doi.org/10.3390/su14095209