Deluxe: How Luxury Lost Its Luster

Deluxe: How Luxury Lost Its Luster
by Dana Thomas

Deluxe: How Luxury Lost Its Luster
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Book Summary Information

Author: Dana Thomas
Edition: Paperback
Audio: English (Published)
Format: Bargain Price
Published: 2008-07-29
ISBN: N/A
Number of pages: 384
Publisher: Penguin (Non-Classics)

Book Reviews of Deluxe: How Luxury Lost Its Luster

Book Review: The NY Times said it better than I ever could have . . .
Summary: 5 Stars

This is quoted from an article that enticed me to buy the book:

"With Deluxe: How Luxury Lost Its Luster, Ms. Thomas -- who has been the cultural and fashion writer for Newsweek in Paris for 12 years -- has written a crisp, witty social history that's as entertaining as it is informative. Traveling from French perfume laboratories to Las Vegas shopping malls to assembly-line factories in China, she traces the evolving face of the luxury goods business, from design through marketing to showroom sales.

She gives us some sharply observed profiles of figures like Miuccia Prada, who was a Communist with a doctorate in political science when she took over her family's small luxury goods business in 1978, and the business tycoon Bernard Arnault, who relentlessly built LVMH into a luxury monolith with dozens of brands (including Louis Vuitton, Givenchy and Dior) sold around the world.

Ms. Thomas peppers her narrative with lots of amusing asides about everything from how orange became Hermès's signature color because it was the only color widely available during World War II to the money-saving benefits of raw-edge cutting, which has been marketed to the public as a cutting-edge, avant-garde innovation."

Bottom line: Highly recommended to anyone interested in the marketing mindset of luxury products.

Summary of Deluxe: How Luxury Lost Its Luster

Once luxury was available only to the rarefied and aristocratic world of old money and royalty. It offered a history of tradition, superior quality, and a pampered buying experience. Today, however, luxury is simply a product packaged and sold by multibillion-dollar global corporations focused on growth, visibility, brand awareness, advertising, and, above all, profits. Award-winning journalist Dana Thomas digs deep into the dark side of the luxury industry to uncover all the secrets that Prada, Gucci, and Burberry don?t want us to know. Deluxe is an uncompromising look behind the glossy façade that will enthrall anyone interested in fashion, finance, or culture.

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