In the mid-1990s, well before the internet had tangled us all in its worldwide web, Michael Porter set the benchmarks for marketing strategy which still resonate today. To sum up some quite complex theory, he argued that brands either had to achieve cost leadership or they had to differentiate. In a nutshell, differentiation is what allows luxury and fashion brands to charge so much more…
Can luxury products take a no-frills position?
by Drew Durning, February 16th 2017













