MBA Luxury Brand Management, Food and Wine

INSEEC Paris

Program Description

MBA Luxury Brand Management, Food and Wine

INSEEC Paris

 MBA Luxury Brand Management, Food and Wine

This program teaches students to master marketing, commercial and strategic specificities of the luxury market that becomes more accessible. Thereby, this Master trains international managers in luxury brand management, and more precisely, in the fields led by French firms: Wines and Spirits, Hotel Business and Gastronomy, Fashion, Jewelry and Perfume, Art and Deco.

This program is taught primarily in English, with some seminars given in French. It welcomes participants from all over the world in two recognized cities of prestige: Paris, epicenter and birthplace of luxury, and Bordeaux, world capital of fine wine.

Students benefit from in-depth insights into the cultural dimensions of luxury, practical courses on different industry segments and analysis of existing and emerging consumers and markets.

Courses

 

LUXURY BRAND MANAGEMENT

 
Introduction to Prestige and Luxury

 
Understanding the history and development of luxury worldwide. Analyzing the social, artistic and creative dimensions of luxury.
Decoding the semiotics of luxury and prestige.
Examining the role of heritage, innovation and exclusivity in luxury brand management, and the response to challenges of premiumization.


Leading Brand and Company Strategies


Developing an international strategic plan. Brand portfolio planning in international groups.
Growth strategies in mature and emerging markets.
Managing international distribution partnerships.
The role of the independent family-owned business.


Consumer Behavior: an In-Depth Approach


Mapping the changing profile of global luxury consumers.
Targeting the luxury consumer in mature and emerging markets.
Understanding social, cultural and behavioral characteristics of consumers.
Examining luxury retail concepts and the development of new distribution channels.


International Marketing and Brand Management


Managing creativity and innovation.
Insights into existing and emerging luxury goods markets.
International brand positioning and competitive analysis.
Market entry strategies, brand development and international pricing strategies.


Communication Strategies in a Global Environment


Examining communications strategies and consumer targeting.
Luxury advertising and public relations programs.
Sponsorship and celebrity endorsement strategies.
Managing international exclusivity and brand image.


Online Luxury


How the web is transforming the luxury customer experience, from online shopping to the latest developments in social networking.
Review of luxury e-strategies.

CORE BUSINESS SKILLS IN THE LUXURY INDUSTRY


Financial Management and Strategic Planning


Financial planning and budgeting, cost control, merger and acquisition strategies.
Brand equity and return on capital employed.
Corporate planning and the business cycle.


Supply Chain Management


Raw materials sourcing and supply.
Production processes and controls.
Quality assurance systems.
Application of new technologies.
Controlling the distribution network.


Legal and Regulatory Issues


Product licensing, contracts and control of brand image.
Protection of intellectual property.
Combating counterfeit and parallel imports.
International regulatory and tax environment.


Organization and Human Resources Management


Human factors in the luxury industry.
Organizational behavior and design.
Management and training issues in an international environment.


International Negotiation Strategy


Preparing and implementing a negotiation strategy.
Mastering different negotiating techniques.
Cultural, social and behavioral aspects of negotiation.


Luxury Retail


Insights into sophisticated developments in the consumer retail experience. A review of retail strategies from bricks and mortar to today’s multi-channel purchasing activity.

KEY SECTORS IN THE LUXURY INDUSTRY


Champagne, Fine Wines and Gastronomy


Product life cycles and new product development.
Developing line extensions, visual merchandising and promotional materials.
Brand identity and visual design in packaging development.
Tasting sessions, field trips and visits by leading chefs.


Luxury Hospitality


Understanding developments in the luxury hotel industry, from grand palaces to boutique-hotels, and major international chains.
A survey of historical and up-to-the minute trends.


Fashion and Haute Couture


An introduction to the role of haute couture in the luxury industry. Insights into managing an international fashion business. Understanding the role of creativity in a luxury brand. Successful international pricing policies for luxury brands.


Luxury Travel and Tourism


An insight into the business of private jets, personalized itineraries and signature destinations.
How innovation is transforming bespoke tourism.
Success strategies, trends and developments.


Luxury Accessories


Democratization and exclusivity in perfumes, cosmetics and accessories.
Global trends in watches, fine jewelry and leather goods.
Art, heritage and tradition in the luxury product mix.


Art and Auctions


How international art companies and auction houses are taking an increasingly prominent role in the business of luxury.
A review of how this sophisticated business works, and of the global opportunities in this field.

Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2016
Duration
Duration
Full time
Price
Price
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Deadline
Start date Sept. 2016
Place
France Paris, Ile-de-France
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End date Request Info
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