Luxury Management and Design Innovation

Luxury Management
Hybrid

Format

Hybrid

Duration

Duration

12 months

Cost

Cost

$42,000

Early Bird Pricing - Save 15% when you register by September 30!

Date

Next Start Date

Nov 14, 2022

Offered jointly by Parsons, the #1 design school in the United States, and ESSEC, ranked the fifth-best executive education program worldwide, the Luxury Management and Design Innovation (EMiLUX) executive program is designed for professionals and entrepreneurs looking to develop a global perspective and deeper knowledge of international luxury markets while continuing to work at their jobs.

Program Overview

Taught by internationally recognized faculty with industry backgrounds and extensive connections with luxury brands, the interdisciplinary program combines creativity, innovation, analytics, collaboration, and management courses to provide professionals with the strategic tools and skills necessary to foster a culture of change in the business of luxury.

Program participants engage in week-long on-site immersive residencies at global luxury hubs across several countries and online modules, which help them develop state-of-the-art knowledge of the international luxury market and emerge as transformational leaders with the know-how necessary to advance their careers and fuel their entrepreneurial journey of innovation in the field.

Graduates of the program receive an Executive Master in Luxury Management and Design Innovation from ESSEC, an Executive Certificate in Luxury Management and Design Innovation from Parsons, and a Diploma in Made in Italy Case Study Analysis from Accademia Costume & Moda.

What You Will Gain

  • In-depth knowledge of the luxury business environment and the impact of user-centered design strategies, value innovation, and agile methods on global brands
  • Insight into business and operational models, changing consumer behaviors, supply chain challenges and solutions, and the growing complexity of the global economy
  • The ability to manage diverse customer expectations and create digital brand experiences to better connect with audiences
  • Knowledge of the fundamentals of entrepreneurial thinking and a roadmap to launching a lean start-up
  • Opportunities to create professional relationships with a global network of executives in luxury businesses
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Program Topics

Module 1

Foundations of Luxury | France
Learn how to draw on the timelessness, tradition, and modernity of luxury brands to increase their desirability for today’s clients.

Module 2

Global Strategy and Go-to-Market | United Arab Emirates
Learn t
o ensure growth and profitability through value innovation in retail.

Module 3

Fashion Creation, Design, and Systems Innovation | United States
Master the codes of fashion, a constantly evolving creative industry, and develop an in-depth understanding of the fashion value chain.

Module 4

Luxury and Fashion in the Digital Era | Japan
Develop an understanding of how luxury changes in different markets and learn to identify the key markers through which to gauge the impact of those changes.

Module 5

The Wholesale Model | Switzerland and France
Learn to navigate diverse business models and address and manage internal operations and expansion models in a business environment of increasing complexity.

Module 6

Made in Italy: Managing the Value Chain | Italy
Acquire an understanding of Italy’s competitive advantage as a leading supply chain source and gain access to luxury innovations developed in collaboration with leading brands.

Module 7

Customer Experience and the New Frontiers in Luxury and Fashion | United States
Learn beyond what we are wearing to explore the way we produce clothes, interact with them, and care for them and how all of this can be executed in a more sustainable and conscious way.

View the 2022-2023 onsite residency calendar.

Program dates and locations for the week-long onsite residencies are subject to change based on COVID restrictions.

Features

  • Accelerated pace—a 12-month part-time executive program

  • Week-long on-site intensives, online coursework, luxury and retail tours, and company visits

  • Entrepreneurial project that offers real-world experience and allows participants to test an idea through the creation of a new business or the development of a product or market in an existing company

  • Taught by Parsons and ESSEC faculty who are industry-recognized leaders and subject-matter experts

  • The opportunity to create a lifelong professional network of peers working at the intersection of design, innovation, and the luxury business

  • Exposure to global cultural and business perspectives through a fully integrated international program with opportunities to travel to and collaborate across several countries

Who Is This Program For?

The program is designed for professionals and entrepreneurs seeking a comprehensive understanding of the international luxury business. Whether you are looking to advance and become an internationally oriented luxury business leader with a broader perspective, to make a career switch, or to open your own business in the luxury sector, this program will give you the competitive edge you need. A minimum of six years’ work experience in any industry is required.

Admission Requirements

The admissions process for the Luxury Management and Design Innovation program is designed with your busy schedule in mind. The upcoming program term begins November 14, 2022. The application deadline is September 30.

2022-2023 Tuition for students is $42,000. The tuition does not include airfare, accommodations, meals, and any other additional expenses incurred. Candidates who have been admitted and have paid the first payment installment by September 30, 2022 will be eligible for the 15 percent early bird discount.

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Faculty

Our programs are developed and taught by a diverse community of academics and industry leaders with hands-on, real-world experience in a range of fields. These experts are not just leaders in their fields; they impart the knowledge most relevant to business leaders and reveal how it can be applied to drive change. Special guest speakers also bring timely research and applied perspectives into the classroom, further enriching the interactive and networking experience.

Program Lead

Keanan Duffty

Keanan Duffty

Director of Fashion Programs, Parsons Executive Education

Drawing on his years of experience in fashion retail, design, branding, and marketing, Keanan Duffty teaches you how to create effective retail operations plans to maximize omnichannel sales.

An award-winning fashion designer, musician, and author, Duffty is the director of Fashion Programs at Parsons School of Design and leads our Fashion Retail Transformation program. A member of the Council of Fashion Designers of America (CFDA), he has created co-branded collections and products with Aveda, Reebok, Gola, and Dr. Martens and served as design director for Gwen Stefani’s L.A.M.B, John Varvatos, and Ben Sherman.

Ashok Som

Academic Director of the EMiLUX Program; Management Professor, ESSEC Business School

Ashok Som teaches strategy at ESSEC. He holds a PhD in Business Administration and conducts research in three areas: organization redesign, innovation in human resources management, and innovation in Asia. Som is the academic director of the EMiLUX program and is the founder of the India Research Center at ESSEC.

Luxury Management and Design Innovation at Parsons

Keanan Duffty, director of fashion programs at Parsons Executive Education, and students in the Luxury Management and Design Innovation program speak about the relevance of fashion and design in society today.

Why Parsons?

Parsons Executive Education operates at the intersection of design and the global socioeconomic trends transforming our organizations and communities. Our programs are designed for industry leaders and entrepreneurs who have the courage to engage in high-impact learning—those who come at challenges differently, celebrate creativity, and are capable of acting in the face of continuous change. 

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