“…Further, review on brand revitalization literature, the evidence about the importance and relationship of quality, image and pricing in revitalizing brands is found both in a vertical or horizontal brand extension (Hanslin and Rindell, 2014;Hennings et al, 2013;Heine and Phan, 2011;Kim et al, 2001;Munthree et al, 2006;Phau and Cheong, 2009). The democratization of luxury is such an examples of a down-scale line extension of a traditional luxury brand to serve the status-seeking consumer with high quality-prestigious image-affordable price proposition (Fujioka et al, 2017;Kapferer, 2014;Paul, 2015). Also, a good body of research is available that focused on up-scale line extension too, where brands extended from functional mass to prestigious luxury (Heine and Phan, 2011;Munthree et al, 2006;Dall'Olmo Riley et al, 2013), where extensions are endowed with high quality, prestigious image and premium pricing than its core mass brand (Kim and Lavak, 1996;Kim et al, 2001).…”