Managing sustainability in luxury industry to pursue circular economy strategies

Sustainable luxury research has received growing attention in the most recent years as it requires firms and supply chains to design circular business models and strategies to tackle environmental, financial, and social issues. However, previous research still falls short to deepen how luxury firms design and manage sustainable supply chain practices according to the circular principles. This paper adopts bibliometric and network analysis to evaluate a sample of 747 papers published over the last 35 years. The descriptive statistics and science mapping approaches utilizing cocitation analysis were performed with VOSviewer software to contribute to the ongoing development of sustainability in luxury research with the aim to develop a systemic framework for circular supply chain and offer a comprehensive overview on the topic. The main findings of this paper will help academicians and practitioners to improve the body of knowledge on the topic and provide an overview of promising future research avenues.

Automated summary

Research on sustainable luxury has gained increasing attention, requiring firms to design circular business models and strategies. This paper evaluated 747 papers over the last 35 years using bibliometric and network analysis, aiming to provide insights for improvement in sustainable luxury supply chain practices and future research directions.