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Girod

Purposeful Luxury

The Strategic Playbook for Sustainability in Luxury Industries

Medium: Buch
ISBN: 978-1-394-36923-2
Verlag: John Wiley & Sons Inc
Erscheinungstermin: 17.09.2026
vorbestellbar, Erscheinungstermin ca. September 2026

Prepare your luxury brand for the sustainability transformation ahead

In Purposeful Luxury: The Strategic Playbook for Sustainability in Luxury Industries, Stephane Girod delivers a strategic roadmap for luxury executives facing an existential challenge. By 2040-2045, luxury businesses may struggle to grow – or even survive – as policy priorities shift toward basic needs. Current ESG compliance initiatives are necessary but insufficient for long-term legitimacy.

Purposeful Luxury provides a deep dive into sustainability initiatives across nine luxury sectors, drawing on over 65 executive interviews, surveys of 150 middle managers, and pioneering case studies on CHANEL, Chloé, Lamborghini, LVMH's Nona Source, Pandora, and Zenith Watches. Girod outlines concrete frameworks that accelerate current ESG journeys while preparing companies for positive-impact transformation.

Readers will also find:

- Concrete directions and tools to place positive-impact sustainability at the core of business strategy, operations, organizations, culture, and leadership
- Actionable lessons derived from Reinventing Luxury Labs, CEO Forums, and World Economic Forum discussion panels with industry leaders
- Insights from the author's work with 250 executives during custom programs at IMD business school in Lausanne, Switzerland
- Guidance on strategy-making and implementation that empowers leaders to redefine their industry's approach to social responsibility and value creation
- A call to action for luxury executives to become vocal protagonists who boldly transform how their brands define and deliver sustainability

Essential for luxury executives, brand managers, and business owners, Purposeful Luxury provides the strategic frameworks needed to navigate the radical paradigm shift ahead. This book empowers leaders to place positive-impact sustainability at the heart of their operations and long-term value creation.


Produkteigenschaften


  • Artikelnummer: 9781394369232
  • Medium: Buch
  • ISBN: 978-1-394-36923-2
  • Verlag: John Wiley & Sons Inc
  • Erscheinungstermin: 17.09.2026
  • Sprache(n): Englisch
  • Auflage: 1. Auflage 2026
  • Produktform: Gebunden
  • Gewicht: 522 g
  • Seiten: 336
  • Format (B x H x T): 160 x 231 x 28 mm
  • Ausgabetyp: Kein, Unbekannt
Autoren/Hrsg.

Autoren

Preface ix
Why This Book ix
The Book's Structure xi
About the Research xii
My Gratitude to. xii

PART I Luxury Brands Cannot Take Their Social License for Granted 1

Chapter 1 Why Luxury Needs a Purpose 3
Luxury's License to Operate 4
Luxury Has a 20-Year Window. The Clock Is Ticking 8
How Can Luxury Retain Its License to Operate? 12

Chapter 2 Luxury's Sustainability Dilemma 13
The Path to Sustainability Is Fraught with Trade-offs 14
Can Stakeholders Show The Way? 14
Starting This Journey from a Position of Secrecy and Competitive Rivalry 18
Why Contemporary Luxury and Sustainability Clash 18
The Other Costs of Luxury, Beyond Carbon 24
Good Intentions Fall Short 24
Can't We Just Ride the ESG Train? 28
Where Do Luxury Brands Stand: The Focus of This Book 30

PART II What Luxury Can Learn From Sustainability Leaders 33

Chapter 3 Strategy: Setting a Direction 35
The Stakeholders You Don't See 37
Materiality Assessment: Mapping What Matters 38
Understanding Your Biggest Impacts 40
Building a Strategy Around Purpose 42
Balancing Short-term Impact Reduction and Long-term Strategic Renewal 44
The End Goal: When Sustainability is The Strategy 48

Chapter 4 Leveraging Purpose for Courageous Execution 51
ACTIVATE: The Value Chain 52
MOTIVATE: The Organization 61
COLLABORATE: Across Ecosystems 67

Chapter 5 Leading Sustainability Transformation in an Agile Way 69
Schneider Electric's 20-year Transformation Journey 71
Why Sustainability Requires Agility 74
Lessons for Leaders 77
In Summary 80

PART III A Snapshot of Today: How Luxury Brands Perform 81

Chapter 6 Luxury Brands' Strategic Choices: Strong on ESG, Weaker on Reinvention 85
Cutting Emissions, But Not Fast and Deep Enough 86
The Next Frontier: Nature Targets 93
Many "S" Targets, but Are They Focused and Ambitious Enough? 97
Sustainability Is Not Yet a Strategic Opportunity 107
Without Purpose, It's Business As Usual 116
Conclusions: The Focus Remains Short Term 118

Chapter 7 Executing Sustainability: Early Successes, Missing Links 123
ACTIVATE: The Missing Link Between Governance and Strategy 124
ACTIVATE: Governance Can Drive Change 135
ACTIVATE: Customer Engagement Lags Behind the Supply Chain 140
MOTIVATE: Employees: Progress but Accountability Needs to Reach Deeper in Organizations 147
COLLABORATE: Tackling the Root Causes of Harm 154
Conclusions: Four Gaps Still Need Closing 160

Chapter 8 Transformation Journeys: Press on with Agility, Cut the Hesitation 163
Building Change Upon Strong Foundations Is a Must 165
Transformation Cannot Be Linear 173
Breaking Silos Without Oversimplifying 174
Purposeful Leadership Is Indispensable Yet a Rare Commodity 176
No Sustainability Without Financial Strength 178
Conclusions: How Luxury Compares with Sustainability Leaders 188
Conclusions of Part III: The Journey Toward Purposeful Luxury Is Only Starting 196

PART IV Securing Luxury's License to Operate: Accelerate on Transformation 199

Chapter 9 The Promise—and Limits—of Circularity 203
Circularity Is Not a New Concept 204
Circularity Comes with a Stack of Hurdles 206
Innovation in Circularity 210Penetrating Circular Spaces Calls for New Capabilities 216
The Circularity Reckoning 219
Recognizing the Limits of Circularity 225

Chapter 10 What If Luxury Is No Longer Called Luxury? 229
A Preamble 230
How to Win: REDUCE 231
How to Win: REINVENT 236
Where to Play: REDISTRIBUTE and REANCHOR around New Forms of Rarity 241
Conclusion: Purposeful Luxury 244

Appendix A: Content Analysis Methodology 249
Appendix B: Results of the Content Analysis of the Big 18 Luxury Brands 255

Notes 267
About the Author 305
Index 307