“…Sustainability also appeared as an opportunity for firms to differentiate their products from competitors. The luxury market battle is now not merely economic and financial (e.g., customers, market share, sale, and profit) but also of overall sustainable initiatives to acquire new customers by meeting their needs and expectations (Deloitte, 2019; Shim, Shin, & Kwak, 2018; Stewart & Niero, 2018; Testa, Sarti, & Frey, 2019; Wang, Wang, Yang, Wang, & Li, 2018). To achieve this aim, luxury firms must strengthen the nexus between three sustainability pillars, namely, environmental, economic, and social (Pinto, Herter, Gonçalves, & Sayin, 2019) through innovating their technology, procurement, production, packaging, operations, logistics, retailing, reusing, and recycling systems (Centobelli, Cerchione, Esposito, & Shashi, 2020; de Oliveira Neto, Correia, Silva, de Oliveira Sanches, & Lucato, 2019; Yang, Song, & Tong, 2017).…”