By  on June 14, 2013

Forget the same-old, same-old business model in which luxury groups had total control over their brands: The new ecosystem model will require a confederation of partnerships and alliances.

According to a research report from The Boston Consulting Group on “Luxury Ecosystems: Controlling Your Brand While Letting It Go,” the new confederation that’s assembled and united by a shared vision for the brand’s future will help reduce the risks and costs of innovation as well as the challenges of scale faced by many luxury brands.

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