A New Lens on Sustainability: The Triple Bottom Line in the Luxury Sector

By Renee delCastillo, MBA 2013 @ The College of William and Mary

The business world is not just about reaching potential, it is about redesigning it. In modern business environments, success is no longer measured in the bottom line of the income statement, but a triple bottom line: people, planet and profit.  While the luxury sector is more immune to small economic downturns, the prolonged effects of recent global financial crisis have made all consumers (including buyers of luxury goods and services) more cautious of the social and environmental impacts of their purchasing decisions.

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