The effect of sustainable product innovation on the consumer–luxury brand relationship: The role of past identity salience

Hemonnet‐Goujot, Aurélie; Kessous, Aurélie; Magnoni, Fanny

doi:10.1016/j.jbusres.2021.10.070

Cited by 21 publications

(6 citation statements)

References 59 publications

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“…In fact, the luxury industry has been under great pressure from different stakeholders and new regulations (Hemonnet-Goujot et al, 2022;Jaegler & Goessling, 2020;Kapferer, 2010) to incorporate sustainability into the core of its business to ensure its survival and competitive advantage (Arribas-Ibar et al, 2022). What used to be a bet of a few, such as LVMH and Kering, is now being consolidated as a strategic factor in the protection of reputation, business development, and the search for new business models (Dekhili et al, 2019;Kapferer & Michaut-Denizeau, 2019;Lopez & Rangel, 2022).…”

Section: Sustainability In the Luxury Industrymentioning

confidence: 99%

“…Among other factors, one of the pillars of sustainability in the luxury industry is determined by its capacity for innovation (Hemonnet-Goujot et al, 2022;Pavione et al, 2016) throughout the supply chain, as well as its ability to transfer its sustainability efforts to society (Akrout & Guercini, 2022), as is being done by large luxury conglomerates (Quach et al, 2022). In terms of types of innovation, Varadarajan (2017) distinguishes between: innovation aimed at being more efficient, in order to reduce the impact of climate change on the company's business by making better use of the company's resources; the innovation aimed at eliminating aspects that are harmful to health in terms of sustainability; and the innovation that seeks substitution with other materials or energy sources that are friendlier to the planet (Hemonnet-Goujot et al, 2022).…”

Section: Sustainability In the Luxury Industrymentioning

confidence: 99%

See 1 more Smart Citation

A strategic sustainability model for global luxury companies in the management of CO2 emissions

Rangel-Pérez,

López,

Fernández

2024

Int Entrep Manag J

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Luxury brands are at the forefront of sustainability efforts and carbon emission reductions to fight climate change. The goal of this paper is to analyze such climate change challenges in terms of cost efforts within large luxury conglomerates. In doing so, financial metrics have been gathered for the top 100 companies in the luxury sector and compared against CO2 emissions metrics with regressive methods. This enables the study of relationships between sustainability and finance to explore if sustainability is expensive and if sustainability is explained by costs, sales, taxes, or investment. Such works allow the setting of conclusions on financial and managerial decisions and, moreover, set a new framework of analysis based on financial variables and the positive or negative impact on CO2 emissions, such as which financial variables generate more CO2 emissions (luxury sales, capital investment and financial cost) and which help to reduce such emissions (cost of goods sold, general expenses and taxes).

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Section: Sustainability In the Luxury Industrymentioning

confidence: 99%

Section: Sustainability In the Luxury Industrymentioning

confidence: 99%

A strategic sustainability model for global luxury companies in the management of CO2 emissions

Rangel-Pérez,

López,

Fernández

2024

Int Entrep Manag J

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“…Integrating sustainability into product innovation has become a critical priority within the luxury industry (Hemonnet‐Goujot et al, 2022). Ethical luxury demonstrates the relationship between innovation and authenticity.…”

Section: Overview Of This Special Issuementioning

confidence: 99%

Luxury, entrepreneurship and innovation

Atwal

Heine

2022

Strategic Change

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“…The concept of sustainable innovation has gained a great interest in literature (e.g. Hemonnet-Goujot, Kessous and Magnoni, 2022 ; Inigo and Albareda, 2016 ; Ketata, Sofka and Grimpe, 2015 ). There are diverse definitions of sustainable innovation.…”

Section: Introductionmentioning

confidence: 99%

Driving hospitality and tourism to foster sustainable innovation: A systematic review of COVID-19-related studies and practical implications in the digital era

Elkhwesky

Manzani

Salem

2022

Tourism and Hospitality Research

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Sustainable innovation is a solution for the hospitality and tourism (H&T) industries to cope with the COVID-19 crisis, build resilience, and ensure survival post-pandemic. The primary aim of our review is to systematically identify and critically review the literature on sustainable innovation in H&T amid COVID-19 (conducted in 2020 and 2021), in order to synthesize and classify prevalent types, antecedents, and outcomes of sustainable innovation. The authors present a comprehensive review of the 58 articles on sustainable innovation in H&T through the Web of Science (WoS) database, spanning over 2 years (2020–2021). This review demonstrates that since the beginning of COVID-19, H&T have strongly mobilized network technologies (especially social media and digital platforms) and data-processing technologies (especially Artificial Intelligence (AI) and Machine Learning (ML)) in comparison with physical-digital interface technologies (especially Virtual Reality (VR)), while physical-digital process technologies remain very limited in these industries. Several relevant antecedents of the adoption of sustainable innovation, more specifically digital technologies, have been identified at multiple levels of analysis, including the organizational, managerial, and stakeholder levels. Our research also reveals several consequences of the adoption of sustainable innovation in H&T. These consequences were congregated according to the three main dimensions related to sustainability in economic, social, and environmental outcomes. This study provides important practical implications for the H&T sectors in the digital era and post-pandemic. The current research is the first study to systematically and critically review sustainable innovation in an H&T context.

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The effect of sustainable product innovation on the consumer–luxury brand relationship: The role of past identity salience

Cited by 21 publications

References 59 publications

A strategic sustainability model for global luxury companies in the management of CO2 emissions

A strategic sustainability model for global luxury companies in the management of CO2 emissions

Luxury, entrepreneurship and innovation

Driving hospitality and tourism to foster sustainable innovation: A systematic review of COVID-19-related studies and practical implications in the digital era

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