Consumer Perceptions Towards An Art-Luxury Brand Image - A Case Study of Louis Vuitton

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CONSUMER PERCEPTIONS TOWARDS AN ART-LUXURY BRAND IMAGE - A CASE


STUDY OF LOUIS VUITTON

Article · July 2019


DOI: 10.15444/GFMC2019.02.05.02

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Eirini Bazaki
University of Southampton
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2019 Global Fashion Management Conference at Paris

2019 Global Fashion Management Conference at Paris Proceedings: 213-214 (July 2019)
https://doi.org/10.15444/GFMC2019.02.05.02

CONSUMER PERCEPTIONS TOWARDS AN ART-LUXURY BRAND


IMAGE - A CASE STUDY OF LOUIS VUITTON

Eirini Bazaki, Winchester School of Art, University of Southampton, UK 1


Jia Ren, Winchester School of Art, University of Southampton, UK

ABSTRACT

The dawn of the new millennium has given birth to a new era for luxury brands. The
prevailing luxury brand strategy of that new era seems to be the art-luxury alliances
(Koronaki et al., 2018; Chailan, 2018), i.e., Yves Saint Laurent typical Mondrian dress,
Coach collaboration with Keith Haring in Spring 2018 runway, Dior collaboration with
New York based artist ‘Kews’ in 2019. Facing this new phenomenon there are several
questions that seek answers - why luxury brands strive to collaborate with art? What are
the reasons for those activities? Are they out of the charitable purpose or commercial
consideration? How consumers see art-related brand extensions and what influences their
perceptions? This research aims to explore consumer perceptions towards a luxury brand
image that has extended into art-related products and services. A typical example of a
luxury brand with art-related initiatives is that of Louis Vuitton. Since the establishment of
Foundation Louis Vuitton in 2014, a private museum for contemporary art, Louis Vuitton
has released several artists’ limited collections, including Stephen Sprouse Louis Vuitton
and Takashi Murakami’s Colourful Monogram Collection.

In line with past research that considers the case study a valid research tool for examining
business practices of luxury brands (Cavender and Kincade, 2013; Tynan et al., 2010), this
study uses the case of Louis Vuitton. Louis Vuitton financial and marketing leader in the
luxury sector is selected as a sample company as it is likely that its practices are emulated
by other luxury brands in the sector (Cavender and Kincade, 2013). It is also possible that
future research examining a larger sample of companies would yield similar findings,
strengthening the external validity of the study (Cavender and Kincade, 2013). The study
uses a meta-ethnographic approach to review and synthesize qualitative studies published
in relation to the case. An online questionnaire is also used to compare consumer
perceptions towards art-related product brand extensions vs. art-related service brand
extensions and spill-over effects from artworks to the luxury brand vs. spill-over effects
from the artists to the luxury brand.

The study yields some interesting findings for small and big luxury brands wishing to
establish an art-luxury brand image.

Keywords: art, luxury brand image, brand extensions, spill-over effects

References

1 [email protected]

213
2019 Global Fashion Management Conference at Paris

Cavender, R. and Kincade, D.H. (2013). Management of a luxury brand: dimensions and
sub-variables from a case study of LVMH. Journal of Fashion Marketing
Management, 18, 2, 231-248.
Chailan, C. (2018). Art as a means to recreate luxury brand’s rarity and value. Journal of
Business Research. 85, (April), 414-423.
Koronaki, E., Kyrousi, A.G., Panigyrakis, G.G. (2018). The emotional value of arts-based
initiatives: Strengthening the luxury brand-consumer relationship. Journal of
business Research, 85, (April), 406-413.
Tynan, C. McKechnie, S. and Chhuon, C. (2010). Co-creating value for luxury brands.
Journal of Business Research, 63, 11, 1156-1163.

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