Principles of reshoring development in luxury goods sector
Młody Michał () and
Stępień Beata ()
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Młody Michał: Department of Strategic Management, Poznań University of Economics and Business, Poznań, Poland.
Stępień Beata: Department of International Management, Poznań University of Economics and Business, Poznań, Poland.
International Journal of Management and Economics, 2020, vol. 56, issue 2, 140-158
Abstract:
This article analyzes the grounds and possibility to induce and develop reshoring activities in the luxury goods sector. The premise of this analysis is the contemporary redefinition of the luxury goods sector, which relates to the increasing volume of goods marketed as luxuries. In this paper, we examine whether reshoring can develop in a similar manner on the respective tiers of the luxury ladder in the luxury fashion, automotive, and jewelry industries. Both premises and examples of reshoring in the luxury goods sector are conceptually analyzed and empirically illustrated.
Keywords: reshoring; back-reshoring; near-reshoring; luxury goods sector; luxury supply chains; country of origin; luxury pyramid (search for similar items in EconPapers)
JEL-codes: D24 F23 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ijomae:v:56:y:2020:i:2:p:140-158:n:4
DOI: 10.2478/ijme-2020-0011
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