Chanel suits, Louis Vuitton bags and Omega watches are now objects that
embody a globalized material culture. Over the past 30 years, the luxury
goods industry has undergone a tremendous expansion around the world.
However, it remains largely dominated by European companies, ranging
from diversified conglomerates such as LVMH and Richemont to independent
companies such as the Italian fashion houses Armani and Ermenegildo
Zegna, and industrial groups like Swatch and L'Oréal or new start-ups
such as Richard Mille. How and why did these companies succeed? How did
they manage to transform a sector previously dominated by small family
firms into a global big business?
Selling Europe to the World presents the development of the global
luxury goods industry from the 1980s to the present day. It highlights
the strategies implemented by a new generation of entrepreneurs and
explains, beyond the glamorous image conveyed by luxury brands, the
sources of success of these firms. An essential book for understanding
the success of the contemporary luxury industry.