Measuring Performance in the Luxury Industry: Is there a Difference in Performance Between the top and Bottom Players in the Industry?

This paper presents a methodology that consists of a Z-score function applied on a set of indicators for the luxury industry and then standardized to obtain a ranking of the companies on a scale between 10 and 100. To measure the performance for the top 5 LVMH, Estee Lauder, Richemont, Kering, Essil...

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Main Author: Radu-Alexandru Şerban
Format: Article
Language:English
Published: Sciendo 2021-04-01
Series:Studies in Business and Economics
Subjects:
Online Access:https://doi.org/10.2478/sbe-2021-0014
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spelling doaj-d55ba1e6fca042e0b52ed99eb7a797af2021-09-05T14:01:48ZengSciendoStudies in Business and Economics2344-54162021-04-0116117718610.2478/sbe-2021-0014Measuring Performance in the Luxury Industry: Is there a Difference in Performance Between the top and Bottom Players in the Industry?Radu-Alexandru Şerban0Lucian Blaga University of Sibiu, RomaniaThis paper presents a methodology that consists of a Z-score function applied on a set of indicators for the luxury industry and then standardized to obtain a ranking of the companies on a scale between 10 and 100. To measure the performance for the top 5 LVMH, Estee Lauder, Richemont, Kering, Essilor Luxottica, and bottom 5 Aeffe, Tribhovandas, Van de Velde, Mulberry, Trinity companies (based on Deloitte global ranking in 2019) in the luxury industry and to unveil which are the performance drivers. By applying this methodology it can be made a comparison in performance between the top and the bottom companies in the luxury industry. The performance score is calculated for ten years (2010 - 2019) on public companies from the luxury industry.https://doi.org/10.2478/sbe-2021-0014luxury industryperformancez-scoreratio analysis
collection DOAJ
language English
format Article
sources DOAJ
author Radu-Alexandru Şerban
spellingShingle Radu-Alexandru Şerban
Measuring Performance in the Luxury Industry: Is there a Difference in Performance Between the top and Bottom Players in the Industry?
Studies in Business and Economics
luxury industry
performance
z-score
ratio analysis
author_facet Radu-Alexandru Şerban
author_sort Radu-Alexandru Şerban
title Measuring Performance in the Luxury Industry: Is there a Difference in Performance Between the top and Bottom Players in the Industry?
title_short Measuring Performance in the Luxury Industry: Is there a Difference in Performance Between the top and Bottom Players in the Industry?
title_full Measuring Performance in the Luxury Industry: Is there a Difference in Performance Between the top and Bottom Players in the Industry?
title_fullStr Measuring Performance in the Luxury Industry: Is there a Difference in Performance Between the top and Bottom Players in the Industry?
title_full_unstemmed Measuring Performance in the Luxury Industry: Is there a Difference in Performance Between the top and Bottom Players in the Industry?
title_sort measuring performance in the luxury industry: is there a difference in performance between the top and bottom players in the industry?
publisher Sciendo
series Studies in Business and Economics
issn 2344-5416
publishDate 2021-04-01
description This paper presents a methodology that consists of a Z-score function applied on a set of indicators for the luxury industry and then standardized to obtain a ranking of the companies on a scale between 10 and 100. To measure the performance for the top 5 LVMH, Estee Lauder, Richemont, Kering, Essilor Luxottica, and bottom 5 Aeffe, Tribhovandas, Van de Velde, Mulberry, Trinity companies (based on Deloitte global ranking in 2019) in the luxury industry and to unveil which are the performance drivers. By applying this methodology it can be made a comparison in performance between the top and the bottom companies in the luxury industry. The performance score is calculated for ten years (2010 - 2019) on public companies from the luxury industry.
topic luxury industry
performance
z-score
ratio analysis
url https://doi.org/10.2478/sbe-2021-0014
work_keys_str_mv AT radualexandruserban measuringperformanceintheluxuryindustryisthereadifferenceinperformancebetweenthetopandbottomplayersintheindustry
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