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What are the most important challenges the luxury industry is currently facing?

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Source

Release date

December 2020

Region

France

Survey time period

November 19-29, 2020

Number of respondents

188 respondents

Special properties

Luxury professionals (management, brand managers, marketing directors, agencies specialized in luxury...)

Method of interview

Online survey

Supplementary notes

This question was phrased by the source as follows: "Which of the following statements represent the 3 most important challenges for luxury companies according to you?"
The source did not specify the age of the respondents.

Citation formats

Main challenges faced by luxury companies according to professionals in France 2020

Published by ÌÇÐÄÆƽâ°æ Research Department, Dec 18, 2020
In 2020, 63 percent of professionals of the luxury industry thought that corporate social responsibility (CSR) was one of the biggest challenges companies in the sector were facing. Many of the respondents (41 percent) also picked winning young customers as one of the main challenges. Customer relationship management (CRM) ranked last with around 20 percent of luxury professionals considering it a major challenge.
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Statistics on " Corporate social responsibility in the luxury industry in France "

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Other statistics that may interest you Corporate social responsibility in the luxury industry in France

Diversity and equality

7

Supply chain compliance

4

Environmental impact

8

Energy consumption

7

Perceptions

4

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Topics

Corporate social responsibility in the luxury industry in FranceGreenhouse gas emissions worldwideLuxury advertising and marketingSustainable e-commerce in FranceLuxury goods in Europe
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* For commercial use only

Basic Account

For single users
$0 USD
Always free
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Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
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  • Premium Statistics

Professional Account

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