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The Internationalization of Luxury Fashion

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Internationalization of Luxury Fashion Firms

Part of the book series: Palgrave Advances in Luxury ((PAAL))

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Abstract

The chapter examines the internationalization of luxury fashion companies in terms of entry and expansion into foreign markets. The chapter proposes an overview of the literature on the internationalization process of luxury fashion companies and focuses on three main aspects: the opening of stores in foreign markets, the configuration of the supply chain and sourcing strategies, and the role of e-commerce linked to internationalization. For each, the chapter examines the traits that characterize luxury fashion companies, the type of companies involved in the process, the strengths and difficulties encountered in their internationalization path. The chapter concludes with an analysis of the main difficulties that luxury fashion companies may find in their internationalization process, namely the liability of foreignness and outsidership, and how such liabilities may turn into assets.

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Notes

  1. 1.

    Other retail formats very common in the textile and clothing sector are, for example, multi-brand stores, boutiques, department stores, factory outlets and outlet centers. For a taxonomy of retail formats, see Runfola (2012, p. 87).

  2. 2.

    https://www.stefanoricci.com/

  3. 3.

    https://www.luisaspagnoli.it/it_it/storia-1.html

  4. 4.

    https://www.milanofinanza.it/news/furla-l-e-commerce-vola-a-43-nel-2019-202002201725551175

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Runfola, A., Milanesi, M., Guercini, S. (2022). The Internationalization of Luxury Fashion. In: Internationalization of Luxury Fashion Firms. Palgrave Advances in Luxury. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-88755-1_3

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