Luxury Products for the Circular Economy? A Case Study of Bang & Olufsen

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2 Citationer (Scopus)

Resumé

This paper examines whether luxury products can support a circular economy. This is done through a literature review of luxury products and the links to circular economy, as well as a case study of Bang & Olufsen (B&O). The literature review revealed links between some of the core characteristics of luxury products and the circular economy. This included aspects such as the high quality, durability, service schemes, extended warranties, and large aftermarkets. The case study supports the links between the inner circles in the circular economy (maintenance, repair, and reuse) and some of the core characteristics of luxury products. B&O produces products with a long lifespan, has extended warranties, repair and service schemes, spare part availability for 8 years, an aftermarket, and leasing schemes. B&O also does reconditioning of components for its repair loop, conducts dismantling tests, marks plastic parts, and has a negative list that excludes certain hazardous components.
OriginalsprogEngelsk
TidsskriftBusiness Strategy and the Environment
ISSN0964-4733
DOI
StatusUdgivet - 20 jan. 2019

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luxury
economy
literature review
repair
repair and maintenance
leasing
dismantling
life-span
durability
plastic
product
Circular economy
Luxury
Repair
literature
services
Aftermarket
Warranty
Literature review

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abstract = "This paper examines whether luxury products can support a circular economy. This is done through a literature review of luxury products and the links to circular economy, as well as a case study of Bang & Olufsen (B&O). The literature review revealed links between some of the core characteristics of luxury products and the circular economy. This included aspects such as the high quality, durability, service schemes, extended warranties, and large aftermarkets. The case study supports the links between the inner circles in the circular economy (maintenance, repair, and reuse) and some of the core characteristics of luxury products. B&O produces products with a long lifespan, has extended warranties, repair and service schemes, spare part availability for 8 years, an aftermarket, and leasing schemes. B&O also does reconditioning of components for its repair loop, conducts dismantling tests, marks plastic parts, and has a negative list that excludes certain hazardous components.",
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Luxury Products for the Circular Economy? A Case Study of Bang & Olufsen. / Bundgaard, Anja Marie; Huulgaard, Rikke Dorothea.

I: Business Strategy and the Environment, 20.01.2019.

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

TY - JOUR

T1 - Luxury Products for the Circular Economy?

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