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Managing sustainability in luxury industry to pursue circular economy strategies

Author

Listed:
  • Shashi
  • Piera Centobelli
  • Roberto Cerchione
  • Amit Mittal

Abstract

Sustainable luxury research has received growing attention in the most recent years as it requires firms and supply chains to design circular business models and strategies to tackle environmental, financial, and social issues. However, previous research still falls short to deepen how luxury firms design and manage sustainable supply chain practices according to the circular principles. This paper adopts bibliometric and network analysis to evaluate a sample of 747 papers published over the last 35 years. The descriptive statistics and science mapping approaches utilizing cocitation analysis were performed with VOSviewer software to contribute to the ongoing development of sustainability in luxury research with the aim to develop a systemic framework for circular supply chain and offer a comprehensive overview on the topic. The main findings of this paper will help academicians and practitioners to improve the body of knowledge on the topic and provide an overview of promising future research avenues.

Suggested Citation

  • Shashi & Piera Centobelli & Roberto Cerchione & Amit Mittal, 2021. "Managing sustainability in luxury industry to pursue circular economy strategies," Business Strategy and the Environment, Wiley Blackwell, vol. 30(1), pages 432-462, January.
  • Handle: RePEc:bla:bstrat:v:30:y:2021:i:1:p:432-462
    DOI: 10.1002/bse.2630
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    4. Anup Kumar & Santosh Kumar Shrivastav & Avinash K. Shrivastava & Rashmi Ranjan Panigrahi & Abbas Mardani & Fausto Cavallaro, 2023. "Sustainable Supply Chain Management, Performance Measurement, and Management: A Review," Sustainability, MDPI, vol. 15(6), pages 1-25, March.
    5. Abbate, Stefano & Centobelli, Piera & Cerchione, Roberto, 2023. "The digital and sustainable transition of the agri-food sector," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    6. Alpaslan Kelleci, 2022. "Key Determinants of Luxury Marketing Accordant with Sustainability-Oriented Value Perspectives," Sustainability, MDPI, vol. 14(10), pages 1-13, May.
    7. Aleksandra Kuzior & Olena Arefieva & Zarina Poberezhna & Oleksiy Ihumentsev, 2022. "The Mechanism of Forming the Strategic Potential of an Enterprise in a Circular Economy," Sustainability, MDPI, vol. 14(6), pages 1-13, March.
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