Course 2025-2026 a.y.

21039 - MANAGEMENT OF FASHION AND LIFESTYLE COMPANIES

Department of Management and Technology

Course taught in English
Class 31 is reserved to exchange students
31 - 32
ACME (6 credits - I/II sem. - OP  |  SECS-P/07) - AFC (6 credits - I/II sem. - OP  |  SECS-P/07) - AI (6 credits - I/II sem. - OP  |  SECS-P/07) - CLELI (6 credits - I/II sem. - OP  |  SECS-P/07) - CLMG (6 credits - I/II sem. - OP  |  SECS-P/07) - DES-ESS (6 credits - I/II sem. - OP  |  SECS-P/07) - DSBA (6 credits - I/II sem. - OP  |  SECS-P/07) - EMIT (6 credits - I/II sem. - OP  |  SECS-P/07) - ESS (6 credits - I/II sem. - OP  |  SECS-P/07) - FIN (6 credits - I/II sem. - OP  |  SECS-P/07) - GIO (6 credits - I/II sem. - OP  |  SECS-P/07) - IM (6 credits - I/II sem. - OP  |  SECS-P/07) - MM (6 credits - I/II sem. - OP  |  SECS-P/07) - PPA (6 credits - I/II sem. - OP  |  SECS-P/07)
Course Director:
STEFANIA SAVIOLO

Classes: 31 (I sem.) - 32 (II sem.)
Instructors:
Class 31: STEFANIA SAVIOLO, Class 32: STEFANIA SAVIOLO


Suggested background knowledge

A background in industry analysis, as well as in competitive and marketing strategies, is recommended.

Mission & Content Summary

MISSION

The course provides an integrated strategic overview of the global luxury, fashion, and lifestyle industries, offering an in-depth understanding of market drivers, business models, and strategic brand management practices. It assumes that product and stylistic/aesthetic excellence, symbolic brand value creation, short business cycles, fickle consumer behavior, and globally dispersed value chains all make positioning and growth strategies in these sectors fundamentally different from those in other FMCG industries. These challenges demand specialized skills and competencies in areas such as merchandising, branding, retailing, and CRM. The course also addresses current managerial challenges, such as designing immersive customer experiences, extending brands into new lifestyle categories, and measuring sustainability as a driver of innovation – all essential for building successful lifestyle and cult brands across categories including apparel, leather goods, beauty and jewelry. Students will gain a practical understanding of key roles in these industries, including business analyst, merchandiser, retail manager, brand manager, and CRM manager. The course is highly practical and experiential, featuring guest speakers, business case discussions, in-class exercises, and a group assignment.

CONTENT SUMMARY

Main topics covered:

 

  • Fashion and luxury business segmentation and evolution

  • Brand Identity Management: heritage, stylistic, retail, and communication identity

  • Key business processes: product development, merchandising and buying, channel management, and communication

  • Customer experience design and the role of new technologies in shaping the customer journey

  • Brand and line extension strategies

  • Turnaround and rebranding strategies

  • Sustainability as a driver of innovation


Intended Learning Outcomes (ILO)

KNOWLEDGE AND UNDERSTANDING

At the end of the course student will be able to...

 

  • Describe the unique characteristics of the luxury, fashion and lifestyle sectors
  • Identify key success factors and challenges in positioning and growth strategies within these markets

  • Recognize the specialized skills and tools required in typical industry roles such as merchandising, branding, retailing, and CRM 

  • Reproduce core frameworks and methodologies for analyzing business models and successful branding strategies in the fashion and luxury industries.

  • State the key managerial challenges related to immersive customer experiences, brand extension, and sustainability as innovation.

APPLYING KNOWLEDGE AND UNDERSTANDING

At the end of the course student will be able to...

By the end of the course, students will be able to:

 

  • Apply strategic frameworks to analyze and solve real-world challenges in fashion, luxury, lifestyle brands.

  • Use analytical tools to interpret data and evaluate brand strategies.

  • Connect/Relate market trends and brand identity elements to industry challenges.

  • Compare and assess different business models and growth strategies for authority, icon, lifestyle and cult brands.

  • Design and develop plans for signature customer experiences.

  • Prepare and present a professional group project for a real-world client.

  • Simulate decision-making processes of key managerial roles in merchandising, CRM, business intelligence.

  • Evaluate correct metrics and KPIs to drive brand success.


Teaching methods

  • Lectures
  • Guest speaker's talks (in class or in distance)
  • Collaborative Works / Assignments

DETAILS

  • Guest speakers enrich students’ learning on specific and technical topics such as merchandising and buying, customer experience design, and digital strategies.

  • In-class exercises allow students to practice using tools and frameworks, such as developing a merchandising plan, measuring sustainability, and evaluating companies in the stock market.

  • The course relies heavily on case materials, with case analysis and discussion forming the primary class activity. Preparation and active participation in these discussions are critical for developing the ability to diagnose problems and propose effective recommendations.

  • For attending students, a group assignment is included to put into practice product and brand management methodologies learned in class.


Assessment methods

  Continuous assessment Partial exams General exam
  • Written individual exam (traditional/online)
    x
  • Collaborative Works / Assignment (report, exercise, presentation, project work etc.)
x    
  • Peer evaluation
x    

ATTENDING STUDENTS

Students are considered attending if they actively participate in the group assignment and attend all mandatory group assignment meetings (usually 4), either in person or, if allowed, via streaming.

 

For attending students, preparation primarily involves reviewing the handouts presented in class (including those from guest speakers when indicated), revising the relevant course book chapters, and analyzing all the business cases discussed during lectures. 

 

The written individual exam tests students’ knowledge and understanding of key industry issues, drivers of growth, business models, key success factors, and operational strategies in product, retail, and communication. It is structured as a multiple-choice and multiple-answer test, accounting for 60% of the final grade. The exam lasts 30 minutes and has no negative marking. Students must achieve a passing grade (>18/30) in the individual written test to pass the final exam, regardless of their performance on the group assignment. If they fail the exam, they must retake it in person while the group assignment grade remains valid for one academic year.

 

The group assignment, developed in collaboration with an external partner, aims to test students’ ability to work as a team and deliver a strategic project as consultants. It accounts for 40% of the final grade, and all project sessions are mandatory. A peer evaluation is included and may impact individual grades in cases of free-riding, according to the PTP rules indicated on Blackboard.


NOT ATTENDING STUDENTS

Non-attending students are not required to study the business cases or class handouts. Instead, their preparation focuses on all the books and papers specified in the course syllabus.

 

The non attending written individual exam evaluates students' knowledge and understanding of the industry's key drivers, business models, critical success factors, and operational strategies in areas such as product, retail, communication, customer experience. The exam is structured as a multiple-choice and multiple-answer test based on the assigned books (excluding handouts and business cases). It accounts for 100% of the final grade and has a duration of 45 minutes with no negative points.

If a student fails the exam, they are required to retake it in person.


Teaching materials


ATTENDING STUDENTS

S. Saviolo, The Power of Connection: The New Branding Strategy for Fashion, Beauty and Lifestyle Brands, Bocconi University Press, 2025 (All chapters).

 

Handouts and business cases on Blackboard


NOT ATTENDING STUDENTS

  • S. Saviolo, The Power of Connection: The New Branding Strategy for Fashion, Beauty and Lifestyle Brands, Bocconi University Press, 2025 (All chapters).

  • S. Saviolo (ed.), Signature Experience in Fashion and Luxury, Bocconi University Press, 2018 (All chapters).

  • S. Saviolo, Fashion and the Sustainability Challenge, Working Paper available on Blackboard.

Last change 31/05/2025 16:15