{"id":2696,"date":"2013-04-16T21:01:31","date_gmt":"2013-04-17T02:01:31","guid":{"rendered":"http:\/\/www.bytebot.net\/blog\/?p=2696"},"modified":"2013-04-16T21:01:36","modified_gmt":"2013-04-17T02:01:36","slug":"on-luxury-brands","status":"publish","type":"post","link":"http:\/\/www.bytebot.net\/blog\/archives\/2013\/04\/16\/on-luxury-brands","title":{"rendered":"On luxury brands"},"content":{"rendered":"<p>I&#8217;m not a fan of Louis Vuitton. I just don&#8217;t like the monogram, mainly because it is so heavily counterfeited that you can&#8217;t spot a real from a fake. Some key takeaways from <a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/064f5692-a5fb-11e2-9b77-00144feabdc0.html#axzz2QgIbkRQx\">LVMH unit sales growth disappoints<\/a>:<\/p>\n<ul>\n<li>&#8220;It depends on aspirational demand and new consumers.&#8221; This is true for all luxury products. Austerity measures, economic downturns, etc. will hit you where it hurts.<\/li>\n<li>\n<p><em>\u201cThe risk of ubiquity is that\u00e2\u20ac\u2030.\u00e2\u20ac\u2030.\u00e2\u20ac\u2030.\u00e2\u20ac\u2030the consumer, seeing the same products everywhere, all the time, starts to perceive a brand as being too common,\u201d said analysts at HSBC in a note published in January.<\/em><\/p>\n<\/li>\n<\/ul>\n<p>So if you&#8217;re a luxury brand, exclusivity is important too. A fine balance for growth vs. exclusivity is key it seems.<\/p>\n<div class=\"sharedaddy sd-sharing-enabled\"><div class=\"robots-nocontent sd-block sd-social sd-social-icon-text sd-sharing\"><h3 class=\"sd-title\">Share this:<\/h3><div class=\"sd-content\"><ul><li class=\"share-email\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"\" class=\"share-email sd-button share-icon\" href=\"mailto:?subject=%5BShared%20Post%5D%20On%20luxury%20brands&body=http%3A%2F%2Fwww.bytebot.net%2Fblog%2Farchives%2F2013%2F04%2F16%2Fon-luxury-brands&share=email\" target=\"_blank\" title=\"Click to email a link to a friend\" data-email-share-error-title=\"Do you have email set up?\" data-email-share-error-text=\"If you&#039;re having problems sharing via email, you might not have email set up for your browser. You may need to create a new email yourself.\" data-email-share-nonce=\"e164068891\" data-email-share-track-url=\"http:\/\/www.bytebot.net\/blog\/archives\/2013\/04\/16\/on-luxury-brands?share=email\"><span>Email<\/span><\/a><\/li><li class=\"share-facebook\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-facebook-2696\" class=\"share-facebook sd-button share-icon\" href=\"http:\/\/www.bytebot.net\/blog\/archives\/2013\/04\/16\/on-luxury-brands?share=facebook\" target=\"_blank\" title=\"Click to share on Facebook\" ><span>Facebook<\/span><\/a><\/li><li class=\"share-linkedin\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-linkedin-2696\" class=\"share-linkedin sd-button share-icon\" href=\"http:\/\/www.bytebot.net\/blog\/archives\/2013\/04\/16\/on-luxury-brands?share=linkedin\" target=\"_blank\" title=\"Click to share on LinkedIn\" ><span>LinkedIn<\/span><\/a><\/li><li class=\"share-twitter\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-twitter-2696\" class=\"share-twitter sd-button share-icon\" href=\"http:\/\/www.bytebot.net\/blog\/archives\/2013\/04\/16\/on-luxury-brands?share=twitter\" target=\"_blank\" title=\"Click to share on Twitter\" ><span>Twitter<\/span><\/a><\/li><li class=\"share-end\"><\/li><\/ul><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>I&#8217;m not a fan of Louis Vuitton. I just don&#8217;t like the monogram, mainly because it is so heavily counterfeited that you can&#8217;t spot a real from a fake. Some key takeaways from LVMH unit sales growth disappoints: &#8220;It depends on aspirational demand and new consumers.&#8221; This is true for all luxury products. Austerity measures, [&hellip;]<\/p>\n<div class=\"sharedaddy sd-sharing-enabled\"><div class=\"robots-nocontent sd-block sd-social sd-social-icon-text sd-sharing\"><h3 class=\"sd-title\">Share this:<\/h3><div class=\"sd-content\"><ul><li class=\"share-email\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"\" class=\"share-email sd-button share-icon\" href=\"mailto:?subject=%5BShared%20Post%5D%20On%20luxury%20brands&body=http%3A%2F%2Fwww.bytebot.net%2Fblog%2Farchives%2F2013%2F04%2F16%2Fon-luxury-brands&share=email\" target=\"_blank\" title=\"Click to email a link to a friend\" data-email-share-error-title=\"Do you have email set up?\" data-email-share-error-text=\"If you&#039;re having problems sharing via email, you might not have email set up for your browser. You may need to create a new email yourself.\" data-email-share-nonce=\"e164068891\" data-email-share-track-url=\"http:\/\/www.bytebot.net\/blog\/archives\/2013\/04\/16\/on-luxury-brands?share=email\"><span>Email<\/span><\/a><\/li><li class=\"share-facebook\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-facebook-2696\" class=\"share-facebook sd-button share-icon\" href=\"http:\/\/www.bytebot.net\/blog\/archives\/2013\/04\/16\/on-luxury-brands?share=facebook\" target=\"_blank\" title=\"Click to share on Facebook\" ><span>Facebook<\/span><\/a><\/li><li class=\"share-linkedin\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-linkedin-2696\" class=\"share-linkedin sd-button share-icon\" href=\"http:\/\/www.bytebot.net\/blog\/archives\/2013\/04\/16\/on-luxury-brands?share=linkedin\" target=\"_blank\" title=\"Click to share on LinkedIn\" ><span>LinkedIn<\/span><\/a><\/li><li class=\"share-twitter\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-twitter-2696\" class=\"share-twitter sd-button share-icon\" href=\"http:\/\/www.bytebot.net\/blog\/archives\/2013\/04\/16\/on-luxury-brands?share=twitter\" target=\"_blank\" title=\"Click to share on Twitter\" ><span>Twitter<\/span><\/a><\/li><li class=\"share-end\"><\/li><\/ul><\/div><\/div><\/div>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_options":[]},"categories":[25],"tags":[1544,1543,651],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4vJD-Hu","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2847,"url":"http:\/\/www.bytebot.net\/blog\/archives\/2014\/01\/10\/being-attentive","url_meta":{"origin":2696,"position":0},"title":"Being attentive","date":"10\/1\/2014","format":false,"excerpt":"As I always do, I make last minute purchases for Christmas. It's not because of the lack of planning, more so that I'm getting busier despite the holiday season approaching. From 10am - 10.06am I called Machines in Gardens. No one would pick up the phone. I called iStore by\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/farm1.staticflickr.com\/31\/59686410_20a88ad31e_n.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3075,"url":"http:\/\/www.bytebot.net\/blog\/archives\/2015\/05\/31\/coffee-with-luxury-print-purchases","url_meta":{"origin":2696,"position":1},"title":"Coffee with luxury print purchases","date":"31\/5\/2015","format":false,"excerpt":"I visited an Assouline bookstore in Seoul, S. Korea. After you make a purchase, you get the opportunity to have a drink at their attached cafe. Recently we were in London, and Sara & I got to visit the Maison Assouline, nearby Picadilly Circus. It is a very beautiful store,\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3385,"url":"http:\/\/www.bytebot.net\/blog\/archives\/2017\/08\/08\/vertu-no-more","url_meta":{"origin":2696,"position":2},"title":"Vertu no more","date":"8\/8\/2017","format":false,"excerpt":"Vertu has wound up. Was this a case of a string of management failures? This company started at Nokia [sic] in 1998, then sold to a private equity firm EQT in 2012 for more than \u00e2\u201a\u00ac200m, then to an obscure Chinese company called Godin Holdings in 2015, then in March\u2026","rel":"","context":"In &quot;Tech&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":553,"url":"http:\/\/www.bytebot.net\/blog\/archives\/2007\/05\/10\/interview-with-bruce-momjian-founder-postgresql","url_meta":{"origin":2696,"position":3},"title":"Interview with Bruce Momjian (founder, PostgreSQL)","date":"10\/5\/2007","format":false,"excerpt":"I found the recent interview with Bruce Momjian (founder, lead architect, PostgreSQL) rather interesting. From it I took away:PostgreSQL has stringent quality assurance. This is because there isn't the \"luxury of putting out a bad release\". He mentions that in the world of open source, there is zero tolerance for\u2026","rel":"","context":"In &quot;General&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1296,"url":"http:\/\/www.bytebot.net\/blog\/archives\/2009\/02\/01\/semi-private-vacation-locations","url_meta":{"origin":2696,"position":4},"title":"Semi-private vacation locations","date":"1\/2\/2009","format":false,"excerpt":"A note to my future self... I really like to have vacations in private spaces. I value my privacy, and enjoy not having to see screaming kids, et al during meals, or when I lounge on the beach. I also like top notch service. You can get that with the\u2026","rel":"","context":"In &quot;Travel&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2902,"url":"http:\/\/www.bytebot.net\/blog\/archives\/2014\/04\/11\/ai-weiwei-evidence","url_meta":{"origin":2696,"position":5},"title":"Ai Weiwei &#8211; Evidence","date":"11\/4\/2014","format":false,"excerpt":"I was fortunate enough to have some free time earlier today evening, and headed over to the Martin-Gropius-Bau to catch the Ai Weiwei\u00a0(@aiww)exhibition titled Evidence. This is the first time I\u2019ve seen Ai Weiwei\u2019s work as I missed it at the Tate Modern in London a while back. He is\u2026","rel":"","context":"In &quot;General&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"http:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/posts\/2696"}],"collection":[{"href":"http:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/comments?post=2696"}],"version-history":[{"count":0,"href":"http:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/posts\/2696\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/media?parent=2696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/categories?post=2696"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.bytebot.net\/blog\/wp-json\/wp\/v2\/tags?post=2696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}