Luxury Management as a Career | Opportunities,Courses,and Salary Insights
Several students are eyeing Luxury Management as a Career option. This document will throw complete light on what this field holds and what avenues can be explored in it. Luxury Business is a global industry, and it is steadily growing. The size of the Global Luxury Market is almost $1.8 trillion USD currently. It is said to reach $ 2.5 trillion USD by 2030.
The key segments in this industry are: Private Luxury Goods, Luxury Travel, Luxury Fragrance, Luxury Hospitality, Luxury Real Estate, Luxury Art, Luxury Cosmetics, Luxury Jewellery, and Many more areas where Luxury is exuding its charm.
Considering it is a growing and buzzing Industry, students can opt for studying Luxury Management surely. Luxury Management is a specialized field of business education that focuses on the strategies and operations behind managing luxury brands and services. It’s ideal for students who are passionate about high-end fashion, hospitality, automobiles, cosmetics, jewellery, watches, and other premium lifestyle sectors. So let’s first understand what you will study in Luxury Management:
What is Luxury Management?
Luxury Management deals with:
- Branding and marketing strategies tailored for premium products/services
- Customer experience and relationship management
- Retail and merchandising in luxury contexts
- Global supply chain for high-end goods
- Sustainability and innovation in luxury
Which Countries Offering Luxury Management Courses?
Let us now progress further to understand which countries are good at offering you Luxury Management Courses. There are several developed countries that are perfectly suited to studying this course. We have listed a few below for you:
- France
Global hub for fashion and luxury brands (LVMH, Chanel, Hermès), strong industry ties, and internships
- ESSEC Business School
- HEC Paris
- SKEMA Business School
- EMLYON Business School
- United Kingdom
International business hub, strong marketing & branding focus, English-speaking
- London College of Fashion
- Regentʼs University London
- University of the Arts London
- Condé Nast College of Fashion & Design
- Italy
Renowned for craftsmanship and design (Gucci, Prada, Ferrari), fashion capital Milan
- SDA Bocconi
- Istituto Marangoni
- Polimoda
- Domus Academy
- United States
Innovation in luxury branding, focus on fashion tech and retail, huge market
- LIM College (New York)
- SCAD (Savannah College of Art and Design)
- NYU (Luxury Marketing focus)
- Switzerland
Known for luxury hospitality, watches, and education in premium brand management
- Glion Institute of Higher Education
- Les Roches Global Hospitality Education
- Swiss School of Management
- Spain
Growing focus on luxury fashion & tourism, affordable education
- IE Business School
- EAE Business School (Master in Luxury Brand Management)
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Specialized Degrees in Luxury Management
Multiple different specialised degrees are available in this area, anda few of them are listed below:
- Luxury Fashion
- Luxury Retail
- Luxury Marketing
- Luxury Hospitality
- Luxury Branding and
- Luxury Product design.
The student needs to choose the right program, and it is a very important decision. EDUCATION STREET provides the best service through expertise and knowledge, a perfect fitting program, and several university options.
Salaries and Job Roles in Luxury Management
Salaries in this field vary depending on the role and experience. It starts with around 40,000 USD and can go as high as 85000 USD per year. Students from the Luxury Management area are hired for several good roles and the list of some top Jobs are enlisted below with the Job role descriptions:
| Job Title | Role Description |
|---|---|
| Luxury Brand Manager | Oversees brand strategy, product launches, and brand storytelling |
| Marketing Manager (Luxury) | Develops high-end campaigns, manages influencer & media relations |
| Retail Manager (Luxury Boutique) | Manages luxury retail outlets, handles VIP clients, and sales strategy |
| Visual Merchandiser | Designs in-store brand displays, ensures brand consistency |
| Buyer / Merchandiser | Selects luxury products for retail, forecasts trends |
| Client Relationship Manager | Builds relationships with high-net-worth customers |
| Luxury Hospitality Manager | Manages 5-star hotels, resorts, or premium guest experiences |
| Luxury E-commerce Specialist | Handles digital strategies for luxury online platforms |
| PR & Communication Specialist | Manages luxury brand image, press releases, and brand partnerships |
Top Companies Hiring Luxury Management Students
Top Companies Hiring Luxury Management Students for various roles and positions:
1-Luxury Fashion & Accessories
| Company | Famous Brands/Subsidiaries |
|---|---|
| LVMH (France) | Louis Vuitton, Dior, Fendi, Givenchy, Celine, Sephora, Bulgari |
| Kering (France) | Gucci, Balenciaga, Saint Laurent, Bottega Veneta, Alexander McQueen |
| Richemont (Switzerland) | Cartier, Montblanc, Van Cleef & Arpels, Chloé |
| Chanel (France) | Chanel (Fashion, Beauty, Accessories) |
| Hermès (France) | Luxury fashion, leather goods, lifestyle |
| Capri Holdings (USA) | Michael Kors, Versace, Jimmy Choo |
| Tapestry (USA) | Coach, Kate Spade, Stuart Weitzman |
| PVH Corp. (USA) | Calvin Klein, Tommy Hilfiger (premium lifestyle segment) |
2-Luxury Beauty & Fragrance
| Company | Popular Brands |
|---|---|
| Estée Lauder Companies (USA) | Estée Lauder, La Mer, Tom Ford Beauty, Jo Malone |
| L'Oréal Luxe (France) | Lancôme, Yves Saint Laurent Beauté, Giorgio Armani Beauty |
| Coty Inc. (USA) | Gucci Beauty, Burberry Beauty, Chloe, Marc Jacobs Fragrance |
3-Jewellery & Watches
| Company | Known For |
|---|---|
| Richemont Group | Owns Cartier, Van Cleef & Arpels, Piaget, Jaeger-LeCoultre |
| Rolex | Premier Swiss watchmaker, high-end retail and marketing roles |
| Swatch Group | Owns Omega, Longines, Breguet; hires in retail and branding |
| Tiffany & Co. | Now under LVMH, luxury jewelry with a strong US and Asia presence |
4-Luxury Hospitality
| Group | Notable Hotels & Resorts |
|---|---|
| Marriott International (Luxury Division) | Ritz-Carlton, St. Regis, Edition |
| Four Seasons Hotels & Resorts | Ultra-luxury properties worldwide |
| Hyatt (Luxury Brands) | Park Hyatt, Andaz |
| Accor (Luxury Brands) | Raffles, Fairmont, Sofitel, Banyan Tree |
| Belmond (LVMH) | Luxury train, cruise, and resort experiences |
| Rosewood Hotels | Iconic properties in Asia, Europe, and the Americas |
5-Luxury Automobiles
| Company | Known For |
|---|---|
| Ferrari | Iconic Italian carmaker hires for branding, retail, and brand experience |
| Lamborghini | Focus on experience design, branding, and customer engagement |
| Rolls-Royce | British ultra-luxury automobile brand; high-end client relations roles |
| Mercedes-Benz (Maybach) | Known for hiring in luxury strategy and premium experience management |
6-Luxury Retail & E-commerce
| Company | Known For |
|---|---|
| Net-a-Porter / YOOX | Online luxury fashion retailer |
| Farfetch | Digital luxury marketplace, strong in tech and branding |
| Harrods / Selfridges | Iconic luxury department stores in the UK |
| Saks Fifth Avenue / Neiman Marcus | US-based high-end retailers with roles in buying, CRM, and e-commerce |
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What Is The Luxury Management Scope in India?
We also want to address one more worry that students ask us. What if I return to India after my Degree in luxury ? Will I have opportunities to grow in India?
So let us understand the Indian Luxury Market. The luxury industry in India is booming, driven by rising disposable income, urbanization, and a strong appetite for aspirational lifestyles among India’s growing middle class and HNIs (High Net-Worth Individuals). The current market size of the Indian Luxury field is 2.5 billion USD and growing at 15-18% CAGR.
All global brands, you name them, have a presence in India. We consume most of the global brands. Plus we are also growing in making our own INDIAN brands global and luxurious. Our Hospitality, Fashion Clothes and Jewellery have already made mark in big global countries. So we are now home to several ingrown Indian brands becoming luxury goods and sitting with big names.
Not only TIER 1 cities in India consume Luxury, but even Tier 2-3 cities are huge markets with deep pockets. So basically, once you return with this degree, you can be absorbed by global companies or Indian companies working in the Luxury Industry. Increase in aspirational spending among millennials & Gen Z, Growth in luxury tourism, weddings, and gifting culture, and Rise of luxury influencers and social media marketing are some important reasons why this industry is booming.
Now, when you come with an international degree, you would get Easier access to leadership/strategic roles, preferred for global brands operating in India, an Edge in luxury customer experience & cultural understanding, and a Stronger profile for luxury entrepreneurship (boutique brands, styling, luxury events. So you are safe to study Luxury, you stay abroad or you return back to India, there wont be a shortage of opportunities.
Conclusion: Trends and Opportunities in Luxury Management
So, after sharing so much about this industry, we want to conclude: This Industry has been very old but what growth it is seeing currently is like never before. Also advent of technology and going global has brought some interesting trends in this field. Trends in the Luxury Industry:
- Digital transformation & e-commerce
- Sustainability & ethical sourcing
- Rise of luxury resale (secondhand)
- Personalization and experiential luxury
- Influence of social media and celebrity marketing
So if you see changes in the way in this industry, and hence need skilled people working towards this shift. If you find this field interesting, this is an indication to walk on this path. At EDUCATION STREET, we strive to give you a 360-degree understanding of your chosen career and then help you implement it. For any further information, connect with us at info@educationstreet.in or call us on 8291614415.
Written By – Ankita Thakker
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