How Important is a Fashion Brand Management Program?

Luxury and fashion brand management is one of the most intensely dynamic and fast-paced industries in the world. The concept of luxury fashion is ever-changing which is resulting in immense innovation in the worldwide fashion consumption.

According to a yearly sector-wise trend report from renowned research agency Kantar and CII (Confederation of Indian Industry)*, the Indian luxury brand market saw its value rise from USD 14.7 billion (over 96,450 crores) to a whopping USD 18.6 billion (over 1,18,495 crores), between 2015 and 2016. This was an excellent spurt of 25% YoY.  

Adding to the Indian luxury brand market’s impressive growth was the USD 35 billion (around 2, 30,365 crores) which was reportedly invested in 2016, which is expected to become twice its current value by the end of this decade.

This report goes on to show that the Indian luxury fashion consumer base is expanding with the growth of the middle and upper middle-class demography which is increasingly earning higher disposable income.

This is proof that the career growth potential is significantly higher in luxury fashion brand management as compared to other industries. Leading Indian business school, Luxury Connect Business School (LCBS), provides the right training and opportunity to budding management professionals who are seeking to make a career in luxury fashion brand management. The management institute has been teaching and training management students the intricacies of the lucrative luxury market through its effective Program in Luxury Fashion Brand Management.

LCBS collaborates with renowned luxury brands, including Genesis Luxury, BMW, Michael Kors, Swarovski, etc. to provide its students with efficient learning and hands-on training.

Requirements for a Successful Luxury Fashion Brand Management

To pursue postgraduate management courses in luxury fashion brands require you to have certain skills that are essential for ideal fashion brand management in the luxury sector. These are the points you need to have if you wish to become a successful luxury fashion brand manager:

• Interest and passion for the fashion industry
• Knack for researching and keeping yourself updated with the latest trends in the entertainment and fashion industry
• Knowing the importance of observing and learning details
• Natural business acumen
• Effective communication skills

Why choose Post Graduate Luxury Fashion Brand Management Program?

A postgraduate program in luxury fashion brand management from Luxury Connect Business School will essentially help you to get an exciting and challenging career.

The luxury fashion industry in India, and all over the world, is highly competitive and dynamic. It is growing at an increasingly faster pace everywhere. This postgraduate program in luxury fashion brand management will teach you all you need to know about the management of luxury fashion goods, fashion research and forecasting trends. It will hone your marketing and retail management skills for luxury fashion brands.

Your career prospects will become significantly brighter with the choice to become a fashion brand manager or even a fashion PR specialist. This career line will make you a part of the glamorous world of celebrities from the world of luxury fashion.

Top Business schools in Delhi NCR

With the global economy on a fast-track capitalism theme, it has become clear that business management is one of the most lucrative career options today. Thousands of small and large companies, brand and industries are vying to reach the top of the intensely increasing competition. This competition is most felt when you are working in the luxury brand segment of the economy.

With advanced and effective business management courses in luxury brand management, it is becoming easier and more efficient to reach the level of potential required to work in this highly competitive field.

 Why you need an excellent B-school?

There are thousands of reputed colleges in India which promise to be excellent when it comes to providing management courses.

Ideally, a college offering post graduate or Masters in business studies (MBS) is supposed to prepare aspiring business management professionals for handling senior management positions with companies and brands. This is achieved by comprehensive tutorials and learning methods, including hands-on teaching through field trips and visits to companies. The ideal B school course should make the student proficient in the various aspects of business management, including:

• Brand management
• Finance/ legal
• Marketing and communication
• Business strategies etc

A postgraduate course in business studies   is an interdisciplinary course which aims to teach the finer points in excellent management, through analyzing finance, accounting, and economical, sociological and psychological points relevant to business management.

 How does a postgraduate course in business studies Help with Career Growth?

A course in luxury brand management from the Top Business school in Delhi NCR will help you to prepare with the required managerial skills which are necessary for the growth of the brand you work for, and to help you to prosper in the long run.

Check out these salient points which show what exactly makes a post graduate(PG) course such an excellent choice for management professionals in India:

• Candidates with a degree in postgraduate in business management receive the significantly higher level of salary than others.
• A relevant business management course works to add immense value to your CV.
• Employers perceive a management professional with a business management course certification to be highly credible, extremely confident and able to lead their subordinates in the best possible way.
• MBS courses are designed to prepare successful business managers. The course material, along with the visits to industrial locations help to increase your confidence, enhances your management skills and instills leadership traits. This is an excellent opportunity for personal growth for you.

Top Business schools in Delhi NCR

Here is the list of the Top Business schools in Delhi NCR as of 2017, By Career Connect.

• D Goenka World Institute
• Amity Business School, Noida
• Luxury Connect Business School, Gurgaon
• SGT university, Gurgaon
• Birla Institute of Management Technology, Greater Noida
• Fortune Institute of international business, Delhi
• JIMS, Rohini Sector 5, Delhi
• Jindal Global Business School
• Jaipuria Institute of Management, Noida
• GL Bajaj Institute of Management & Research. Greater Noida

Luxury Connect Business School takes pride to be part of this esteemed list. It offers extensive course material and the higher level of teaching standards maintained throughout the year. Luxury Connect Business School is the leading business and management studies provider in the Delhi NCR area. It has a reputation for preparing management aspirants into highly competitive and excellent brand managers, especially in luxury brand management.

Leadership Skills Training - Luxury Connect Business School

A good leader makes for an excellent manager, according to numerous management experts from all around the world. It is a well-known fact that a person with a natural flair and propensity towards leadership can become an ideal manager in an organization.

Leadership skills are most emphasized in people who are into luxury brand management. This niche field requires the brand manager to be a people’s person to whom the subordinates, team members, and most importantly, the elite customers are attracted to. Management experts consider that leadership and management are synonymous with each other. It is important to understand and realize that effective leadership skills are the mark of an effective and efficient manager.

According to a report from Statista, the luxury brand market is on upward trends for many years. According to the report, the global personal luxury brands market was 212 billion euros in 2013 and crossed 249 billion euros in 2016. This hugely expanding industry need millions of skilled managers to retain, maintain and attract huge customer potential that is still untapped.

Importance of Leadership Skills in Luxury Brand Managers

Leadership in a luxury brand usually involves creating a viable atmosphere for the subordinates and the client to work in efficiently and comfortably. A true leader is distinguished by their ability to influence and drive a group of people to achieve and accomplish the set corporate goals.

Managers are undoubtedly the leaders in a corporate organization. The leadership skills are required most when working for a renowned luxury brand. Although this is a niche market, it has the toughest level of competition with the various rival brands in the same market.

Let us check the aspects that make a good leader, and in turn, makes for an excellent luxury brand manager:

Initiative taker – A leader is known for taking the initiative. They are able to work through communicating, the policies and plans to the subordinates in the best possible manner, which ensures the actual beginning of work on any corporate project.

Motivational – A leader in management will constantly motivate the employees through monetary and non-monetary rewards, to get the work done efficiently and in the best way.

Guide – A leader in management skills not only has to supervise the progress of the project in hand but also acts as a guide for the entire team which is working on the project.

Why a Good Leader makes an Excellent Luxury Brand Manager

Management professionals having excellent leadership skills make for the best luxury brand managers. Their leadership aspects prove truly fruitful when it comes to making the team work to their full potential but also in keeping the clientele engaged through innovative new branding ideas.

These are the main points that show how the proper training for leadership skills can make you the best manager for luxury brand companies:

• Leaders have an effective way of not only delegating responsibilities according to the individual’s strong point but also to direct the development of projects and implement the best vision of the organization.
• Leadership skill training is useful for directing the management functions in the most efficient manner. An effective leader is able to manage the planning, staffing, organizing, controlling and direction of the various corporate aspects of a luxury brand.
• A manager having good leadership skills is able to inspire and motivate others, irrespective of the hierarchy of the organization.

Luxury Connect Business School is a renowned management institute. For imparting the best training for leadership skills in luxury brand management, LCBS has devised high quality programs. It offers an extensive range of post-graduate diploma courses in luxury brand management which help to fine-tune your management and leadership skills effectively. It has well-experienced professors from across the  globe.  Luxury Connect Business School is India’ 1st and only Luxury B- School.  It took the initiative to prepare the highly capable young workforce to be ready for this extensive luxury market. Students at LCBS get real-time exposure to luxury brands.  They are trained through workshops and site visits of luxury brands.  Students get to interact with industry veterans as LCBS has long-standing  industry relations with several global Luxury brands such as BMW, Ferrari, Versace, Ganjam, Lodha, Roseate and many more.  Students get a unique cultural and learning experience while  studying at LCBS.