- Level: Master
- Duration: 9 months
- Cost: € 28,000
- Language: English
Luxury Business features 7 in-depth and intensive modules: Brand, Craftsmanship, Design, Quality, Prestige and Price. Each module includes a training project, plus a final project focused on Uniqueness, where students implement their own business formula to further develop a new start-up or an existing company.
This master course includes many field trips, including one week in Paris accompanied by Linda Loppa, alongside a number of internship opportunities. Classes focus on hands-on materials and are run by teachers and guests from the industry, who then act as one-to-one consultants during the final projects, which are presented in front of headhunters, investors and human resource managers.
Lessons take place from April to December and amount to a total of 700 contact hours. There is the possibility of completing the course with an internship in a fashion company, leading to the overall obtainment of 80 credits. English language proficiency and attendance are required. Candidates with work experience or relevant studies in fashion and related fields are eligible and selected after the admission process.
Upon completion of the Master students will be automatically given the possibility to partake in the Polimoda Talent program.
Insights and understanding of the key factors that make up the industry, mixing heritage, innovation and paradoxical management. How to learn the luxury brand codes.
The start-up line in a traditional horizontal and in a contemporary vertical supply chain. How to create intrinsic quality with no compromises.
The product formula that creates the legacy of a label. How to make it viable, financially sustainable and available whilst maintaining the original magic.
The long term value beyond everyday business, how to shape the identity of a luxury brand, launch it and manage it for growing its equity.
New buying and merchandising formulas in retail and wholesale environments. How to make a difference in the perception of the client.
Distribution, logistics, sales and customer relationship management in b2b and b2c. How to make a three-year business plan for maximizing profits.
Understanding the life of luxury at different aspirational levels, from the most personal and private services to the total category extension. How to create an original and authentic business formula for a start-up or an existing company in a personal project with one-to-one tutorship.
Upon successful completion of the master course, students will be able to:
- Run a brand in all luxury categories, creating an original and authentic business formula for a startup or existing company.
- Shape and communicate the identity of a luxury brand, managing its growth in equity.
- Critically analyze, synthesize and reflect on complex theories and recent developments related to global luxury fashion.
- Recognize the importance of all luxury drivers of given products and the strategies surrounding them.
- Investigate the impact of fashion and luxury on sustainability, making a brand viable, financially sustainable and ethically relevant.
Richemont owns several of the world's leading companies in the field of luxury goods, with particular strengths in jewellery, watches and writing instruments.
Their Maisons™ encompass several of the most prestigious names in the luxury industry including Cartier, Van Cleef & Arpels, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Vacheron Constantin, Montblanc, Dunhill and Chloé.
Richemont also owns leading online distributors YOOX Net-a-Porter Group and Watchfinder & Co.