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Measuring Performance in the Luxury Industry: Is there a Difference in Performance Between the top and Bottom Players in the Industry? Cover

Measuring Performance in the Luxury Industry: Is there a Difference in Performance Between the top and Bottom Players in the Industry?

Open Access
|May 2021

Abstract

This paper presents a methodology that consists of a Z-score function applied on a set of indicators for the luxury industry and then standardized to obtain a ranking of the companies on a scale between 10 and 100. To measure the performance for the top 5 LVMH, Estee Lauder, Richemont, Kering, Essilor Luxottica, and bottom 5 Aeffe, Tribhovandas, Van de Velde, Mulberry, Trinity companies (based on Deloitte global ranking in 2019) in the luxury industry and to unveil which are the performance drivers. By applying this methodology it can be made a comparison in performance between the top and the bottom companies in the luxury industry. The performance score is calculated for ten years (2010 - 2019) on public companies from the luxury industry.

DOI: https://doi.org/10.2478/sbe-2021-0014 | Journal eISSN: 2344-5416 | Journal ISSN: 1842-4120
Language: English
Page range: 177 - 186
Published on: May 26, 2021
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year

© 2021 Şerban Radu-Alexandru, published by Lucian Blaga University of Sibiu
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.