A strategy by Gucci's CEO, who reportedly burned $10 million worth of unsold luxury products to maintain the exclusivity of the brand. ๐คฏ๐ฅ
The decision to burn unsold products was part of Gucciโs broader strategy to protect its brand image.
By de
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Vishu Bheda
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Medialย โขย 7m
What are Some of The Best Brands That Ever Come Out From India in Terms of Solid Quality?
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Chamarti Sreekar
Passionate about Pos...ย โขย 6m
trend of luxury brands entering the world of sports:
* Luxury brands are increasingly partnering with athletes and sports teams to reach a broader audience and tap into the growing influence of athletes as cultural icons.
* This trend is being dr
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Arcane
Hey, I'm on Medialย โขย 10m
ONE INTERESTING OBSERVATION SERIES
DAY #16
Luxury goods consumers worldwide fall into five dominant groups, based on their motivations, profiles, values in luxury items, purchase reasoning, and age group.
1) Going Global:
People in this group don
You Might Not know this China is Exposing US Luxury Brands Using TikTok
1. Why China is Doing This
China is leveraging TikTok to challenge US luxury brands for several reasons:
Geopolitical Move: Part of the ongoing US-China trade and tech tension
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Vishu Bheda
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Medialย โขย 5m
Burberry burned $36,500,000 of clothes in one year.
Not because they couldn't sell them.
Because they didn't want YOU to have them.
The disturbing truth about luxury's dirtiest secret:
In 2018, a shocking line appeared in Burberry's annual report
Hey everyone!
I am an entrepreneur and i am launching a D2C vegan dress shoe brand for mens.
There is a huge gap in providing elegance along with luxury feel products.
My product will be high quality with elegant styles that will cater to the mid p
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Mahendra Lochhab
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Lenskart's Peyush Bansal, Dhanuka family members buy luxury apartments worth Rs 100 crore at DLF's The Camellias.
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Thakur Ambuj Singh
๐ Entrepreneur | Re...ย โขย 1m
Quality Moat: Justifying premium prices with top-tier craftsmanship. Brands like Rolex, LVMH and Bose dominate by delivering superior products that customers trust