Luxury Branding in Sport: The Evolution of Louis Vuitton’s America’s Cup Sponsorship
Mario Nicoliello ()
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Mario Nicoliello: University of Brescia
A chapter in The Evolution of Luxury Brands, Volume I, 2025, pp 145-168 from Palgrave Macmillan
Abstract:
Abstract The chapter explores Louis Vuitton’s long-term partnership with the America’s Cup, examining how the collaboration has been used to enhance brand image and reach new markets. It discusses the challenges luxury brands face in balancing heritage with modern marketing strategies, emphasising the importance of authenticity and consistent brand positioning in new domains, such as sports sponsorship. The methodology involves an in-depth analysis of official press releases and financial statements of Louis Vuitton and America’s Cup, in order to understand the strategic decisions behind the sponsorship. The findings illustrate how luxury brands can evolve and remain relevant in a rapidly changing market by strategically participating in prestigious events, ultimately reinforcing their prestige and market positioning in the global luxury landscape.
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pscchp:978-3-031-96676-7_6
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DOI: 10.1007/978-3-031-96676-7_6
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