Is Richemont in Trouble? The State of Luxury at Cartier & VCA and What is Bernard Arnault Up To?

Is Richemont in Trouble? The State of Luxury at Cartier & VCA and What is Bernard Arnault Up To?
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[@markjohnson2257]

I forgot to mention. Thank you for giving a shout out the the Fashion People podcast. I really enjoy their analysis/content. Also very informative.

[@MarysRoom]

Ohh yes it's a great listen!!

[@markjohnson2257]

Thank you!! I really LOVE this series. Very informative. It was pretty much what l expected to hear. I assumed the jewelry/watches from VCA and Cartier would be doing very well while the lesser known jewelry/watch brands would be struggling. I also assumed Alaia would be doing well because they are on fire! I think Bernard Arnault is after Cartier, VCA, Alaia, and Chloe, and that 2nd hand watch business. I don't think he is interested in the rest. So he is telling the truth and lying at the same time. We shall see...🤔 In related Chloe news, H&M have a fabulous knockoff of the flowy silk dress from the latest collection at a fraction of the price. I have not seen it in person but the photos in the ad look really good. I chuckled when l saw it. The new designer for Chloe should be flattered because l think we are going to be seeing knockoffs of that collection from a lot of brands. She has a very strong point of view. I saw the collection in person and it is very beautiful. The shoes, bags,and costume jewelry are also very beautiful especially the gold belts with the Chloe name. I think the larger size had already sold out when l visited the Chloe boutique in Soho, NYC back in June.

[@MarysRoom]

Yes I wouldn't be surprised in the future if LVMH takes a small chunk of Richemont. Ohh interesting point about Chloe dresses, some of them look beautiful but the prices are steep. Love the direction! Thank you for watching and your suggestion 😄

[@giedrebey5444]

Hi Mary, interesting to see how all is going down😳🤪😝😝 some amazing changes are coming to the world, for we,,the people, and in order to come new , happiness , freedom, peace and prosperity, old has to die 😜 and right now I continue enjoying building my new style, and new stuff doesn’t interest me. I.already purchased like around 25 old Celine pieces, and my wishlist is long lol Have a blessed day🙏❤️

[@MarysRoom]

Yes definitely so many changes ahead! I definitely see myself going into the preloved market. Love LOVE Old Celine, your collection sounds incredible! Thank you so much for watching and sharing❤

[@isaacyang249]

Also in your previous videos, I think Prada and Miu Miu is doing so well that they are very selective of their brand ambassadors instead of just signing the most popular celebrities. While Hermès let’s their own products do the talking instead of brand ambassadors. LVMH brands are signing brand ambassadors left and right targeting as much audience/customers as possible while their products lacks quality. The sweatshop and Loro Piana vicuña wool scandals ruins the idea of luxury and makes it seem like more of a cash grab instead. Making it equally as unethical as fast fashion except the high price tag.

[@MarysRoom]

Ohh yes!! Great points! I think customers are much more aware of these gifted bags vs the bags that influencers spend their own $$$ on. So true about Loro Piana. Thank you for watching and great perspective Isaac!!

[@alexuemura2353]

ik that it will probably never be mentioned on this channel again but I just wanted to say I think it's peter "mill-are" in pronunciation instead of peter millir!! used to see a lot of their ads while my dad watched his golf and they always said it that way at the end.

[@MarysRoom]

Ohh thank you for the pronunciation😅

[@SusanD101]

There are too many cosmetics brands and I blame the bankers. How can this bubble not burst?

[@MarysRoom]

I think there are signs of it..

[@aminadiouf1113]

I've loving this little series personnally :D I guess there'es only OTB left

[@MarysRoom]

Ohh yes they would be great to cover!!

[@gordonw4542]

I was and still is shopping for mid lever watch about $$$$. There have been a chill over watch business because swatch purchasing ETA an important watch movement. Swatch give all the big name brand watch a six month notice that they not sell any more ETA watch movement to outside brands. There was nothing the swiss government can do other than watch swatch destroy the watch mid tier business. Although I can not name the brands , but are some of the biggest names in the business struggling to creative own in house movement. Some like Richemont took a short cut by purchasing a defunct brand like Minerva to get a hold of watch movement to power their new watch "Mount blanc" . Other don't have the deep pocket to build team would use clone like Stellita which is make in china for $60 to put in a watch that retail for $$$$$. this is one reason for the drop in watch market. everyone is heading to the secondary use watch market for quality. Richemont has JLC brand they make their movement they are at $$$$$-$$$$$$ which is out of everyone price. numbers don't tell anything sometime.

[@MarysRoom]

Ohh thank you for your perspective on watches. Did not know that about Swatch and mid tier business. I can see why the secondary market is where people are going. Thank you for sharing Gordon!

[@MichealHack-se7yr]

Nice scarf

[@MarysRoom]

Thank you 😄

[@MichealHack-se7yr]

@@MarysRoom your welcome

[@bagloverlux]

Lol. Bernard is coming for everyone. I hope they are all prepared for the takeover.? 😄

[@MarysRoom]

Ohh well see👀

[@VioletFem]

Britt Pearce is a KZbinr who is very knowledgeable about the luxury watch market. If you’re still interested in diving more into the luxury watch market, you might want to check out some of her videos.

[@MarysRoom]

Ohh will check her out! Thank you for the recommendation 😄

[@VioletFem]

Bernard is a snake in the grass. The Richemont executives need to watch their backs!

[@markjohnson2257]

@violetfem- Exactly!!! If he can get his hands on Cartier and VCA.... If he says he doesn't want something, you can expect the exact opposite. I think he already tried to buy Richemont a few years ago. He is VERY shady😔.

[@bagloverlux]

If Bernard makes an offer Richemont is unable to refuse, I don't see a problem with it. 🤷‍♀️. That's business.

[@MarysRoom]

Ohh yes!! Best to watch out!

[@dd-dd2co]

Richemont allowed him to buy those shares though.