LV buying Tiffany...

[charger_vital]

Originally Posted by BigAppleBill

I think Tiffany needs Patek more than Patek needs Tiffany. If the buyout occurs, the main drivers will be all about how LVMH corporate and Patek owners get along and if LVMH’s strategic vision continues to include Patek; and if LVMH sees a partnership with Patek as adding enough value as Tiffany previously did. Probably no definitive move with regard to Patek for a year or two. But expect to see an expansion of Tiffany handbags.

I don’t follow this reasoning... What is “strategic” about expanding your luxury retail footprint only to give shelf space to a brand that competes with your portfolio? What kind of strategic vision / partnership are you thinking about in this context? I’m asking because this comment seems so bizarre that I feel I must be missing some insider information; I’m curious what that is exactly?



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[charger_vital]

Originally Posted by DasKptl

If I were Bernard Arnault, I'd try to buy both Tiffany and Patek. Just not right now; but after the coming recession when Tiffany and Patek have gone through some down times.



(And there still lingers the rumor of the divorce of Stearns.)

That would be a shame. If Patek gets acquired by LVMH, I’ll go on record now that I’ll trade my 5130 for a Lange TimeZone.


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[BigAppleBill]

Originally Posted by charger_vital

I don’t follow this reasoning... What is “strategic” about expanding your luxury retail footprint only to give shelf space to a brand that competes with your portfolio? What kind of strategic vision / partnership are you thinking about in this context? I’m asking because this comment seems so bizarre that I feel I must be missing some insider information; I’m curious what that is exactly?

“Strategic” refers to whether LVMH sees the association with Patek as continuing to add value to the Tiffany brand. Patek sales have never amounted to a significant contribution to Tiffany’s bottom line. But obviously Tiffany saw a value in the association with a Patek, perhaps because it attracted the kind of clients that also buy diamonds. LVMH will now have to weigh whether “strategically” that somewhat intangible value is enough to continue the relationship.

You see, not so “bizarre”. My apologies for not stating things clear enough for you to understand.

[BigAppleBill]

Originally Posted by charger_vital

That would be a shame. If Patek gets acquired by LVMH, I’ll go on record now that I’ll trade my 5130 for a Lange TimeZone.

That’ll show ‘em!

[syting]

PP is the carrot leading to more diamonds and jewelry sales.

[Fat_ninja]

Originally Posted by charger_vital

That would be a shame. If Patek gets acquired by LVMH, I’ll go on record now that I’ll trade my 5130 for a Lange TimeZone.


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Bro... If?

[Fat_ninja]

Originally Posted by syting

PP is the carrot leading to more diamonds and jewelry sales.

You kidding right? Lol

[Analysing You]

Originally Posted by Fat_ninja

Bro... If?

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[Fat_ninja]

Originally Posted by Analysing You

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The sign is not big enough...


Someone has a Lange incoming lol

[syting]

Originally Posted by syting

PP is the carrot leading to more diamonds and jewelry sales.

Originally Posted by Fat_ninja

You kidding right? Lol

There's some truth for those unobtainable PP models such as 5711/1A.

[Analysing You]

Originally Posted by syting

There's some truth for those unobtainable PP models such as 5711/1A.

I don’t recall buying any diamonds


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[Analysing You]

Originally Posted by Fat_ninja

The sign is not big enough...





Someone has a Lange incoming lol

Lol I think he’s negotiating a part ex as we speak. Pics or it didn’t happen


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[Andre.utkin]

The way Bernard Arnault collects companies like I collect watches.

[Andre.utkin]

“ I will not be buying anything LV anymore in this lifetime, especially following their move with Made in the USA leather goods sewn together by untrained workers in Texas who get $13/hr. Their hiring criteria specified no prior experience necessary. How to dilute your brand equity and alienate customers”

This is the trend
Manufacturing gets closer to customer

LV is going more custom made.

[Josh1000]

^^Certain LV bags have been made at 3 US locations for over 10 years...this ain't new at all!! All he promised was additional capacity in Keene that will generate jobs over 5 years!!!

Fortunately u wont buy in thus lifetime as the next will be challenging

[Fat_ninja]

Originally Posted by Analysing You

I don’t recall buying any diamonds


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You also didn’t buy a Rolex yet u got a rainbow

I’m jealous but u suck lol

[cascavel]

Originally Posted by syting

PP is the carrot leading to more diamonds and jewelry sales.

PP used to be the place a woman would store her husband while she was shopping for diamonds. That equation has been somewhat reversed lately.

[Fat_ninja]

Originally Posted by cascavel

PP used to be the place a woman would store her husband while she was shopping for diamonds. That equation has been somewhat reversed lately.

the husband tags along to prevent spending the family fortune.lol

[mongrelnomoad]

Originally Posted by charger_vital

That would be a shame. If Patek gets acquired by LVMH, I’ll go on record now that I’ll trade my 5130 for a Lange TimeZone.


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Richemont > LVMH in how they manage their brands. By far.

With the hole in their watch portfolio at the very high end, I'd be very surprised if LVMH isn't enacting a medium-term plan to buy PP.

I give it five years.

[cascavel]

Originally Posted by Fat_ninja

the husband tags along to prevent spending the family fortune.lol

That assumes the husband is able to outsmart the wife, which is seldom the case. The PP boutique allows the husband to outspend the wife using logic like "I had to buy two watches for $90K apiece so I could get on the list to buy a 5711a for $30K in maybe only five years". Proving, once again, to everyone involved how much more financially reliable the wife is.

[AK797]

Originally Posted by Fat_ninja

I’m going to tell ninja kid this lol

And make sure you don't get her their Advent Calendar, it is so not high society.

https://www.dailymail.co.uk/femail/a...h-society.html

[WatchEater666]

LVMH is brilliantly run as a business but their products do not generally offer good value when compared to the competition. They are excellent brand builders that cater to people who think they know what luxury is but have no clue. IE Rimowa (LVMH brand) is pretty subpar compared to what you can get from Briggs & Riley. LV product is really awful quality wise and has continually dropped over the last 10 years as well.

It's like people buying cheap chinese made hypebeast garbage when you could get a great piece by a brand like Isaia, Kiton, Attolini, etc...

[Fat_ninja]

Originally Posted by AK797

And make sure you don't get her their Advent Calendar, it is so not high society.

https://www.dailymail.co.uk/femail/a...h-society.html

That calendar is cool. I bought her earrings recently lol

No one at school knows cause it’s small studs.

[benlee]

Originally Posted by WatchEater666

LVMH is brilliantly run as a business but their products do not generally offer good value when compared to the competition. They are excellent brand builders that cater to people who think they know what luxury is but have no clue. IE Rimowa (LVMH brand) is pretty subpar compared to what you can get from Briggs & Riley. LV product is really awful quality wise and has continually dropped over the last 10 years as well.

It's like people buying cheap chinese made hypebeast garbage when you could get a great piece by a brand like Isaia, Kiton, Attolini, etc...

Have to say I agree with this assessment about LV. Prices have gone up while quality has come down, some drastically, with unpractical design and bad workmanship. I have stop buying their stuff. Actually, same can be said of a lot of these mainstream luxury fashion brands. They churn out mostly crap yet people still keep buying them.