Evidence map›Paper›PMID 39553661›Full record

ReviewHeliyon2024

Is the digitalisation the future of the luxury industry?

Francisco Sanz-Lopez, Rocío Gallego-Losada, Antonio Montero-Navarro, Elisa García-Abajo

Abstract readReview
In one paragraph

Review in Heliyon, 2024. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.

0numbers the graph read from it
0cells of the map it votes in
0citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

0 citing papers in PubMed.

No citing paper in PubMed yet.

4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

4 authors.

Francisco Sanz-LopezDepartment of Financial Economy and Accountancy, Facultad de Ciencias de la Economía y de la Empresa, Universidad Rey Juan Carlos, Paseo de los Artilleros, s/n, 28032, Madrid, Spain.
Rocío Gallego-LosadaDepartment of Financial Economy and Accountancy, Facultad de Ciencias de la Economía y de la Empresa, Universidad Rey Juan Carlos, Paseo de los Artilleros, s/n, 28032, Madrid, Spain.
Antonio Montero-NavarroDepartment of Business Economics (Adm., Dir. and Org.), Applied Economics II and Fundamentals of Economic Analysis, Facultad de Ciencias de la Economía y de la Empresa, Universidad Rey Juan Carlos, Paseo de los Artilleros, s/n, 28032, Madrid, Spain.
Elisa García-AbajoDepartment of Financial Economy and Accountancy, Facultad de Ciencias de la Economía y de la Empresa, Universidad Rey Juan Carlos, Paseo de los Artilleros, s/n, 28032, Madrid, Spain.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

In the context of the fourth industrial revolution, this study examines the digital transformation of the luxury industry through a bibliometric analysis of 236 articles (1991-2022) and a bibliographic coupling of research from 2022 to 2024. The analysis identifies key trends, including the use of digital tools to enhance customer engagement, the growing role of review-based feedback in the tourism sector, value creation through innovative products and promotional strategies, and the advances in sustainability via digitalization. Despite these hot trends, many firms in the luxury sector have not yet involved in a real digital transformation, as they have only digitalized specific aspects of their operations. The findings suggest that while luxury firms are embracing digital tools to meet the expectations of digitally native consumers, they face the challenge of balancing innovation with the preservation of their core values. The study concludes that digital transformation is not merely an operational shift but a strategic imperative for the future competitiveness and profitability of the luxury sector.

Indexed as

Artificial intelligenceDigital transformationE-CommerceLuxuryPrestige brand

Identifiers

PMID39553661
PMCPMC11566855

What OpenQuestion holds

Textmetadata
LicenceCC BY
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.