AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Luxury Brand Strategies and Collaborations
The chapter explores the tactics employed by luxury brands to cultivate prestige and attract consumers through strategic partnerships, collaborations, and brand associations. It features the case of Fomengo Estate, a brand originating from a transformed X-rated studio in LA, and discusses Porsche's successful collaborations to enhance its luxury status. Additionally, it delves into the power of brand collaborations, such as a partnership between a paint company and Porsche to introduce a niche market line, aiming to elevate the paint brand's positioning to a high-end luxury level.