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LUXURY BRAND MANAGEMENT

TASK 1 TASK 2 TASK 3


Topic Characteristics of luxury Luxury brand storytelling Luxury brand challenges and
brands opportunities
PART 1 Using at least 3 academic Using at least 6 academic Select a luxury brand
sources, discuss the sources, explain and critically challenge/opportunity of your
characteristics that evaluate proposed processes choice from the ones covered in
differentiate luxury brands and elements of brand the module.
from other types of brands. storytelling in building luxury
brands. Using a variety of research
sources, explain and critically
evaluate the challenge/
opportunity this issue presents
to luxury brands.
PART 2 Provide a brand case study - Using a storytelling For luxury brands generally,
example that supports this process/framework and luxury propose a range of creative and
portfolio entry. Your example brand of your choice, analyse innovative solutions to
should illustrate luxury brand and evaluate the brands addressing this issue to sustain
characteristics. storytelling practice. - both and build brand equity.
strengths and weaknesses of
their current approach and
recommend creative and
innovative improvements to
current practice.
Word Count 1000 words (500/500 +/- 2000 words (1000/1000 +/- 1000 words (500/500 +/- 10%)
10%) 10%)
Weighting 25%
50% 25%

Guidance Choice of luxury brands: -Part 1: explanation and * select one of a choice of
simply a personal choice, critical evaluation of process branding contemporary issues
should select the brand that and elements involved covered in the sessions:
is of most interest to them, - Innovation and luxury brand
(Pls note: differences between
might reflect their career extension
descriptive and critical writing,
aspirations (providing an - Distribution and the digital
refer:
opportunity to develop dilemma
https://skillshub.northampton
focused knowledge in - Sustainability
.ac.uk/critical-thinking/
support of future job - Counterfeits
applications and interviews - Part 2: select a luxury brand
perhaps). and apply a - explain and critically evaluate
process/framework of their the challenge/opportunity this
choice to analyse, evaluate issue presents to luxury brands
and recommend generally
improvements to storytelling
practice. - then propose a range of
creative and innovative
solutions to addressing this
issue to sustain and build brand
equity.
This task does not ask for a
specific case study but students
should be encouraged to use
examples of luxury brands
MKT3057 Luxury Brand Management
facing the issue.
Academic - 3 academic sources that - 6 academic sources that - Specific minimum number of
sources discuss the characteristics discuss the role of storytelling sources is not specified this time
that differentiate luxury in building brands but students are expected to
brands from other types of support the points they make
brands: by reference to a variety of
quality research sources e.g.
Heine, K. (2012) The Concept
Fog, K., Budtz, C., Munch, P., academic journal articles,
of Luxury Brands [online].
and Blanchette, S. (2010) newspaper articles, textbooks,
Available from:
Storytelling: Branding in industry websites etc.
www.conceptofluxurybrands.
Practice. 2nd edition. Springer,
com
Berlin, Heidelberg

Kapferer, J. N. & Bastien, V. Neilson, J. (2016) The Brand


(2012). The luxury strategy: Canvas – How to Create and
break the rules of marketing Communicate a Compelling
to build luxury brands 2nd ed. Brand. Ignition framework
London: Kogan Page. [online]. Available from:
www.ignitionframework.com/
Ko, E., Costello, J. & Taylor, C. the-brand-canvas-how-to-
(2019) What is a luxury create-and-communicate-a-
brand? A new definition and compelling-brand/
review of the literature.
Journal of business research. Ryu, K., Lehto, X., Gordon, S.,
99, pp.405–413. & Fu, X. (2018) Compelling
brand storytelling for luxury
Keller K.L. (2009) Managing hotels. International journal of
the growth tradeoff: hospitality management. 74,
Challenges and opportunities pp.22–29.
in luxury branding. Journal of
Brand Management, 16(5-6),
pp. 290-301.

- Report format
- Harvard referencing style, including a Reference List for each Task.

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