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The implications on customer brand perceptions of merger & acquisition activity in the luxury industry

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Resumo:The growing tendency of luxury brands to concentrate within multibrand conglomerates, in contrast with the increasing customer demand for brand identity and unique experiences, leads to a growing interest on understanding how customers react to the integration of several luxury brands under the same corporate parent. The present study intends to decipher existent and post integration brand perceptions through the measurement of customer-based brand equity (CBBE) and four of its most consensual dimensions in literature: Brand Awareness, Brand Associations, Perceived Quality and Brand Loyalty. The analysis focused on three brands belonging to Louis Vuitton Moët Hennessy: Louis Vuitton, Céline and Fendi, given their distinct levels of brand familiarity. An online survey was distributed and results were analyzed through regression estimations and a median difference analysis. A positive relation was found between brand equity dimensions and the overall construct. However, the use of more targeted dimensions could have further benefited the analysis. Moreover, it was possible to conclude that overall prior brand perceptions affect the evaluations of the integration, despite the only significant effect of the evaluations on overall post perceptions being negative, which indicates that customer awareness about the corporate parenting may be hazardous for the brands. Finally, it is also concluded that the magnitude of perception’s changes varies for different levels of brand familiarity, both positively and negatively.
Autores principais:Loureiro, Filipa Aguiar
Assunto:Luxury Brands Customer perceptions Brand equity Mergers and acquisitions Luxe Marques Les perceptions des clients Valeur de la marque Fusions et acquisitions
Ano:2014
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Católica Portuguesa
Idioma:inglês
Origem:Veritati - Repositório Institucional da Universidade Católica Portuguesa
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author Loureiro, Filipa Aguiar
author_facet Loureiro, Filipa Aguiar
author_role author
contributor_name_str_mv Tran, Véronique
Veritati
country_str PT
creators_json_txt [{\"Person.name\":\"Loureiro, Filipa Aguiar\"}]
datacite.contributors.contributor.contributorName.fl_str_mv Tran, Véronique
Veritati
datacite.creators.creator.creatorName.fl_str_mv Loureiro, Filipa Aguiar
datacite.date.Accepted.fl_str_mv 2014-07-03T00:00:00Z
datacite.date.available.fl_str_mv 2015-02-12T15:01:35Z
datacite.date.embargoed.fl_str_mv 2015-02-12T15:01:35Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Luxury
Brands
Customer perceptions
Brand equity
Mergers and acquisitions
Luxe
Marques
Les perceptions des clients
Valeur de la marque
Fusions et acquisitions
datacite.titles.title.fl_str_mv The implications on customer brand perceptions of merger & acquisition activity in the luxury industry
dc.contributor.none.fl_str_mv Tran, Véronique
Veritati
dc.creator.none.fl_str_mv Loureiro, Filipa Aguiar
dc.date.Accepted.fl_str_mv 2014-07-03T00:00:00Z
dc.date.available.fl_str_mv 2015-02-12T15:01:35Z
dc.date.embargoed.fl_str_mv 2015-02-12T15:01:35Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10400.14/16636
dc.language.none.fl_str_mv eng
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Luxury
Brands
Customer perceptions
Brand equity
Mergers and acquisitions
Luxe
Marques
Les perceptions des clients
Valeur de la marque
Fusions et acquisitions
dc.title.fl_str_mv The implications on customer brand perceptions of merger & acquisition activity in the luxury industry
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_bdcc
description The growing tendency of luxury brands to concentrate within multibrand conglomerates, in contrast with the increasing customer demand for brand identity and unique experiences, leads to a growing interest on understanding how customers react to the integration of several luxury brands under the same corporate parent. The present study intends to decipher existent and post integration brand perceptions through the measurement of customer-based brand equity (CBBE) and four of its most consensual dimensions in literature: Brand Awareness, Brand Associations, Perceived Quality and Brand Loyalty. The analysis focused on three brands belonging to Louis Vuitton Moët Hennessy: Louis Vuitton, Céline and Fendi, given their distinct levels of brand familiarity. An online survey was distributed and results were analyzed through regression estimations and a median difference analysis. A positive relation was found between brand equity dimensions and the overall construct. However, the use of more targeted dimensions could have further benefited the analysis. Moreover, it was possible to conclude that overall prior brand perceptions affect the evaluations of the integration, despite the only significant effect of the evaluations on overall post perceptions being negative, which indicates that customer awareness about the corporate parenting may be hazardous for the brands. Finally, it is also concluded that the magnitude of perception’s changes varies for different levels of brand familiarity, both positively and negatively.
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person_str_mv Loureiro, Filipa Aguiar
publishDate 2014
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spelling engporThe growing tendency of luxury brands to concentrate within multibrand conglomerates, in contrast with the increasing customer demand for brand identity and unique experiences, leads to a growing interest on understanding how customers react to the integration of several luxury brands under the same corporate parent. The present study intends to decipher existent and post integration brand perceptions through the measurement of customer-based brand equity (CBBE) and four of its most consensual dimensions in literature: Brand Awareness, Brand Associations, Perceived Quality and Brand Loyalty. The analysis focused on three brands belonging to Louis Vuitton Moët Hennessy: Louis Vuitton, Céline and Fendi, given their distinct levels of brand familiarity. An online survey was distributed and results were analyzed through regression estimations and a median difference analysis. A positive relation was found between brand equity dimensions and the overall construct. However, the use of more targeted dimensions could have further benefited the analysis. Moreover, it was possible to conclude that overall prior brand perceptions affect the evaluations of the integration, despite the only significant effect of the evaluations on overall post perceptions being negative, which indicates that customer awareness about the corporate parenting may be hazardous for the brands. Finally, it is also concluded that the magnitude of perception’s changes varies for different levels of brand familiarity, both positively and negatively.application/pdfporThe implications on customer brand perceptions of merger & acquisition activity in the luxury industryLoureiro, Filipa AguiarTran, VéroniqueHostingInstitutionOrganizationalVeritatie-mailmailto:repositorio@ucp.ptrepositorio@ucp.ptURNurn:tid:2011041722015-02-12T15:01:35Z2014-07-0320142014-07-03T00:00:00ZHandlehttp://hdl.handle.net/10400.14/16636http://purl.org/coar/access_right/c_abf2open accessLuxuryBrandsCustomer perceptionsBrand equityMergers and acquisitionsLuxeMarquesLes perceptions des clientsValeur de la marqueFusions et acquisitions2855996 bytesliteraturehttp://purl.org/coar/resource_type/c_bdccmaster thesishttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://repositorio.ucp.pt/bitstreams/ed6ab943-dfcd-45a8-b9ad-4f8dc7e30af1/download
spellingShingle The implications on customer brand perceptions of merger & acquisition activity in the luxury industry
Loureiro, Filipa Aguiar
Luxury
Brands
Customer perceptions
Brand equity
Mergers and acquisitions
Luxe
Marques
Les perceptions des clients
Valeur de la marque
Fusions et acquisitions
status SINGLETON
subject.fl_str_mv Luxury
Brands
Customer perceptions
Brand equity
Mergers and acquisitions
Luxe
Marques
Les perceptions des clients
Valeur de la marque
Fusions et acquisitions
title The implications on customer brand perceptions of merger & acquisition activity in the luxury industry
title_full The implications on customer brand perceptions of merger & acquisition activity in the luxury industry
title_fullStr The implications on customer brand perceptions of merger & acquisition activity in the luxury industry
title_full_unstemmed The implications on customer brand perceptions of merger & acquisition activity in the luxury industry
title_short The implications on customer brand perceptions of merger & acquisition activity in the luxury industry
title_sort The implications on customer brand perceptions of merger & acquisition activity in the luxury industry
topic Luxury
Brands
Customer perceptions
Brand equity
Mergers and acquisitions
Luxe
Marques
Les perceptions des clients
Valeur de la marque
Fusions et acquisitions
topic_facet Luxury
Brands
Customer perceptions
Brand equity
Mergers and acquisitions
Luxe
Marques
Les perceptions des clients
Valeur de la marque
Fusions et acquisitions
url http://hdl.handle.net/10400.14/16636
visible 1