TR
EN
‘New’ Luxury or Off-Canon Luxury: A Compendium for the Changing Definition of Classical Luxury
Abstract
This study aims to present a review for understanding the changing definition of luxury consumption. The ‘new’ luxury concept is shaped by democratization, globalization, sustainability, and meeting luxury with non-western societies. Although the first footsteps of new luxury began to be heard in the early 2000s, studies on this subject started to increase after 2010. This review focuses on 129 studies carried out in 2010-2021 to explain new luxury concept. It was concluded that ‘attainable luxury’, ‘creatable luxury’, ‘sustainable luxury’ and ‘rental (shareable) luxury’ can be components of new luxury. Accordingly, a framework was created, and adjacent keywords were presented with references. Finally, a research agenda for this ‘new’ luxury trend was presented. In contrast to the current many literature reviews on luxury treating the issue as a conservative and classical concept, this study focuses on the ‘new luxury’ and its potential horizons.
Keywords
References
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- ANDJELIC, A. (2010). The Devil Shares Prada, Consumers Want Experiences, Not Products. Retrieved from: https://adage.com/article/digitalnext/devil-shares-prada-sharing-economy-boosts-luxury/299725
- ARRIGO, E. (2018). Social media marketing in luxury brands: A systematic literature review and implications for management research. Management Research Review, 41(6), 657-679.
- ATHWAL, N., WELLS, V. K., CARRIGAN, M., & HENNINGER, C. E. (2019). Sustainable Luxury Marketing: A synthesis and research agenda. International Journal of Management Reviews, 21(4), 405-426.
- BAIN and COMPANY (2020), Luxury after COVID-19: Changed for (the) Good? Retrieved from: https://www.bain.com/insights/luxury-after-coronavirus/
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Details
Primary Language
English
Subjects
Consumption and Everyday Life, Consumer Behaviour
Journal Section
Research Article
Authors
Early Pub Date
May 16, 2024
Publication Date
May 17, 2024
Submission Date
April 16, 2022
Acceptance Date
February 28, 2023
Published in Issue
Year 2024 Volume: 11 Number: 1
APA
Gürşen, A. E. (2024). ‘New’ Luxury or Off-Canon Luxury: A Compendium for the Changing Definition of Classical Luxury. Istanbul Gelisim University Journal of Social Sciences, 11(1), 240-263. https://doi.org/10.17336/igusbd.1104383
AMA
1.Gürşen AE. ‘New’ Luxury or Off-Canon Luxury: A Compendium for the Changing Definition of Classical Luxury. IGUJSS. 2024;11(1):240-263. doi:10.17336/igusbd.1104383
Chicago
Gürşen, Aylin Ecem. 2024. “‘New’ Luxury or Off-Canon Luxury: A Compendium for the Changing Definition of Classical Luxury”. Istanbul Gelisim University Journal of Social Sciences 11 (1): 240-63. https://doi.org/10.17336/igusbd.1104383.
EndNote
Gürşen AE (May 1, 2024) ‘New’ Luxury or Off-Canon Luxury: A Compendium for the Changing Definition of Classical Luxury. Istanbul Gelisim University Journal of Social Sciences 11 1 240–263.
IEEE
[1]A. E. Gürşen, “‘New’ Luxury or Off-Canon Luxury: A Compendium for the Changing Definition of Classical Luxury”, IGUJSS, vol. 11, no. 1, pp. 240–263, May 2024, doi: 10.17336/igusbd.1104383.
ISNAD
Gürşen, Aylin Ecem. “‘New’ Luxury or Off-Canon Luxury: A Compendium for the Changing Definition of Classical Luxury”. Istanbul Gelisim University Journal of Social Sciences 11/1 (May 1, 2024): 240-263. https://doi.org/10.17336/igusbd.1104383.
JAMA
1.Gürşen AE. ‘New’ Luxury or Off-Canon Luxury: A Compendium for the Changing Definition of Classical Luxury. IGUJSS. 2024;11:240–263.
MLA
Gürşen, Aylin Ecem. “‘New’ Luxury or Off-Canon Luxury: A Compendium for the Changing Definition of Classical Luxury”. Istanbul Gelisim University Journal of Social Sciences, vol. 11, no. 1, May 2024, pp. 240-63, doi:10.17336/igusbd.1104383.
Vancouver
1.Aylin Ecem Gürşen. ‘New’ Luxury or Off-Canon Luxury: A Compendium for the Changing Definition of Classical Luxury. IGUJSS. 2024 May 1;11(1):240-63. doi:10.17336/igusbd.1104383