In Good Company with Nicolai Tangen cover image

Jean-Jacques Guiony CFO of LVMH

In Good Company with Nicolai Tangen

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The Allure of Luxury: Psychological Insights

This chapter explores the psychological factors driving younger generations to purchase luxury brands, highlighting how these items symbolize personal achievement and emotional satisfaction. It also examines the pricing strategies of luxury goods, particularly affordable items like lipsticks, and discusses the importance of open communication within corporate environments.

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