BrazilItalian partner Claudia D'Arpizio joins Bain's global board
Two and a half decades after joining Bain & Company, Claudia D'Arpizio, a partner in the firm’s Italian organisation, has been elevated into Bain’s global board.
The company veteran – D'Arpizio joined the global management consulting firm in 1994 after short spells at EY and Saatchi & Saatchi – is a partner in Bain’s Milan office, and is most known for her market leading work in the luxury sector.
D'Arpizio has been the lead author of Bain’s annual ‘Global Luxury Market Monitor’, conducted in collaboration with Italian luxury brand association Altagamma, for 19 years now. During this period, the annual research has grown into one of the leading global studies into trends and developments in the global luxury industry.
According to the latest edition of the study, the global personal luxury goods market is now worth around €275 billion, following 6% growth at constant exchange rates last year. Growth for 2019 is expected to reach between 4% to 6%, however, looking forward, D'Arpizio warned that a number of megatrends – including China’s Gen Z, post-ownership and sustainability – will change the make-up of the market for good.
The study’s findings have been cited by hundreds of media outlets globally, including top-tier tiles such as the Economist, Financial Times, Handeslblatt and The New York Times.
Riding on the wave of the publication, Bain & Company has grown into one of the leading consultants to the luxury industry, serving its clients in the industry in particular from its offices in Milan, Rome and Paris. D'Arpizio herself has advised dozens of luxury and fashion goods clients, mostly related to corporate and business unit strategy, sales and marketing, channel and omni-channel strategy, innovation, new product development, acquisitions and divestitures, performance improvement and organisational change.
Commenting on the internal promotion, Roberto Prioreschi, head of Bain’s Italian offices, said, “We are so proud of this important recognition. Claudia is more than a colleague, she is a friend, and I’m very happy that our Board can now count on her great professionalism and humanity, vision and skills.”
Earlier this year, D'Arpizio was named one of the “Top 100 Italian Women Leaders” by Forbes.
