Isn’t one of the recent Janoski models made from recycled materials? I’d love to see more of that.
Unfortunately they decided to start making a recycled one when it became pretty much irrelevant. After ten years of pretty much doing everything they possibly could with it, apart from make it eco friendly.
Every single brand that tries to keep it’s retail prices up will destroy stock.
I have seen some mad stuff. I saw a guy smashing Wedgwood teapots into a skip once. They had been part of a collab range that didn’t sell and they weren’t authorised to do anything else with them after the contract expired. Just smashed every single one.
I have also been in a meeting where all the bosses voted to build a warehouse to store rubbish so that they could meet their scrappage targets for the year. Instead of throwing stuff away, getting a smack on the wrist and paying a fine they literally just put it in a warehouse and left it there until their new allowance kicked in the next year and they binned it.
On the face of it they were meeting all their green targets but in reality it was a mess.
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It devalues the stock and company to put their products on sale. It’s pretty simple.
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Part of the appeal of a lot of brands is the stupid price tag. It’s basic stuff but people think they’re getting what they pay for and with a lot of high end brands, they’re not.
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People pay for exclusivity. I guess by high end brands you mean fashion, but another example is if you try and order a Rolex Daytona or a Porsche GT3 Touring you’ll be told ‘You can’t have one’.
Porsche only offer GT3 Touring slots to customers who have spent approx £1million in the past year on cars, same goes for Rolex it’s something like £100k on watches in the past year.
Not sure why people engage in that level of consumption but it’s clearly a thing because it exists!
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Heard that you couldn’t just go in and buy a Ferrari, you had to have owned a second hand one for a while first, to stop newly-rich people running one. Fair play, companies like that can do what they like.
Well the dealers don’t get that many cars themselves. They might only be allocated one or two of the most desirable models, if they get any!
That means they have to keep the super consumers happy first because they’re gonna chop that new Ferrari/Porsche/Rolex in for a new one in a few weeks/months anyway.
Your average Joe-done-good doesn’t get a look-in and has to start at the bottom building up his rep by buying other stuff.
It’s actually pretty gross when you think about it. But still, they’re not smashing up Porsches or Rolexes and binning them because at least they control the supply I guess.
The demand for Rolex is higher than the supply. Rolex won’t sell you a watch unless you have a status or spend history because you could sell it to a dealer the next day for 50-100% what you paid for it.
There are shit ones you can buy like the womens ones but the mens watches you cannot get.
The fact that there’s not ten thousand unsold Ferraris sitting in landfill - they’re expensive but also very limited - is much better in a way because there’s somewhat reduced waste in their chain.
Whereas a consumer-led fashion brand, even high end, is making far too many units and yet still charging a premium for them. So they’re having to force exclusivity while also contributing to excessive consumption.
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I know a guy who used to work for Chanel, they had a dept that would buy anything and everything Chanel from eBay and he got a shit ton of end of line stock for nothing and sold it all on eBay back to Chanel, completely mad
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Is there a problem going on with people deliberately buying watches to make an immediate, large, loss on them?
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Well actually yes. I bought one and sold it for £1000 profit the other day because I’m trying to build up a history with them in order to buy the watch that I actually want. The watch I actually want is twice the price if you can’t get it directly from Rolex.
A lot of dealers buy up a bunch of women’s watches which they sell for a loss in order to be able to buy the pieces which make money. I was just lucky enough to be offered a watch which was worth more in the grey market.
It’s fucking stupid but they can’t make them quick enough.
This is the price from Rolex if you’re lucky enough to get one. There is no waiting list, they have to trust you won’t sell it straight away (not that they will know)
This is the price if you want one tomorrow.
It’s the same with dunks I guess.
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You could sell that for £10k more than what you paid if you can actually get one!
It’s just a fucking watch
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That is almost impossible to buy for the retail price.
Yeah but why care? It’s just a watch. Look at your phone
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Yeah but you also sacrifice countless hours of your life trying to become fake friends with a Rolex salesmen.
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