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Day 10/21 Days Daily Dose for Entrepreneurs Discover the secrets behind the value and price of luxury brands. Why are they so expensive, and what makes them worth it? Watch now to find out! ROLEX Titan Company Limited #LuxuryBrands #ValueVsPrice #LuxuryGoods #BrandValue #WhySoExpensive #LuxuryLifestyle #BrandAnalysis #deltainfosoft #deltaierp

𝗨𝗻𝗹𝗼𝗰𝗸 𝗹𝘂𝘅𝘂𝗿𝘆 𝗮𝗻𝗱 𝘃𝗶𝘀𝗶𝗼𝗻 𝘄𝗶𝘁𝗵 𝗙𝗿𝗮𝗻ç𝗼𝗶𝘀-𝗛𝗲𝗻𝗿𝗶 𝗣𝗶𝗻𝗮𝘂𝗹𝘁’𝘀 𝗽𝗼𝘄𝗲𝗿𝗳𝘂𝗹 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀. 💎✨ In the world of luxury, few names resonate as strongly as François-Henri Pinault. As the CEO of Kering, he has transformed the luxury landscape through innovative strategies and visionary leadership. His insights not only reflect the ethos of luxury brands but also provide valuable lessons on resilience, creativity, and the future of the industry. In this post, we explore 15 thought-provoking quotes from Pinault that capture his unique perspective on luxury and vision, offering inspiration for aspiring leaders and entrepreneurs alike. Read More: https://lnkd.in/gbMMMhhN #FrançoisHenriPinault #LuxuryQuotes #VisionaryLeadership #Kering #LuxuryIndustry #Inspiration #BusinessInsights #LeadershipQuotes #InnovationInLuxury #LuxuryLifestyle #LuxuryVision #Entrepreneurship #BrandLeadership #FashionIndustry #BusinessWisdom #SuccessMindset #CreativeLeadership #VisionaryQuotes #LuxuryMarket #InspireSuccess

𝗛𝗼𝘄 𝗕𝗿𝗲𝗶𝘁𝗹𝗶𝗻𝗴 𝗮𝗹𝗶𝗴𝗻𝘀 𝗕𝗿𝗮𝗻𝗱 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁, 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗠𝗮𝗿𝗸𝗲𝘁𝗶𝗻𝗴 𝗮𝗻𝗱 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗗𝗲𝗺𝗮𝗻𝗱? Very interesting and honest discussion about pricing in the luxury watch market from Georges K., Breilting CEO. ◆ Adressing many topics from how ambassadors such as Brad Pitt have lifted the brand image to the impact of the arrival of in-house caliber that has moved #Breitling out of the market sweet spot in terms of pricing, Georges gives an in-depth view of his personal convictions behind the brand strategy and growth path. ◆ Brand building is a fine and delicate art, especially in luxury watchmaking. Consumer experience is very important but continuous price inflation is dangerous, especially when product innovation isn't there. Consumer demand starts then to flutter and the magic wheel is broken. ► The parallel with another "hot" industry, #cycling, is compelling: High consumer demand, brands rising prices, lack of product innovation... What do you think Cristóbal Pérez? https://lnkd.in/eM-WsN5d #ProductInnovation #Luxury #ProductMarketing #BrandStrategy

📉 Prices for top Swiss luxury watches fell on the secondary market again last month as investors turned elsewhere after the pandemic-era rally fizzled. The decline marks a significant shift in market trends, with luxury watch prices continuing to dip. As the pandemic's impact wanes, investors are exploring new avenues, causing a noticeable shift in the luxury investment landscape. Navigating the current market requires a keen understanding of these evolving trends. Source: Bloomberg #SwissWatches #MarketTrends #LuxuryInvestments #WatchCollecting #PandemicImpact #rolex #millionaire #luxury #linkedin

From Humble Beginnings to Luxury Empire: The Louis Vuitton Story 👜✨ In the bustling world of luxury fashion, few names resonate as powerfully as Louis Vuitton. But did you know that this global brand had the humblest of beginnings? Let's dive into the incredible journey of how a poor boy became a billionaire by selling bags. 🌟 The Humble Beginnings: Louis Vuitton was born in 1821 in Anchay, a small village in France. At the tender age of 13, he left home with a dream and a vision. He walked over 400 kilometers to Paris, working odd jobs along the way to sustain himself. His determination and resilience laid the foundation for what was to come. 🎒 The Craftsmanship: In Paris, Louis apprenticed with a successful box-maker and packer. He mastered the art of crafting sturdy, elegant luggage that catered to the elite. His reputation for quality and innovation quickly spread, and in 1854, he opened his own workshop on Rue Neuve des Capucines. 🚀 The Innovation: Louis revolutionized the luggage industry with his flat-topped trunks, which were easier to stack than traditional dome-shaped trunks. This innovation, combined with his commitment to excellence, set his brand apart. The introduction of the iconic LV monogram in 1896 further solidified the brand's status as a symbol of luxury and craftsmanship. 🌍 The Global Expansion: Under the leadership of Louis’s son, Georges Vuitton, the brand expanded internationally. They opened stores in London, New York, and beyond. Today, Louis Vuitton is a cornerstone of LVMH, the world’s largest luxury goods conglomerate. 💡 Lessons for Aspiring Entrepreneurs: 1. Start Small, Dream Big: Louis started with nothing but a dream and built an empire. No matter where you begin, your vision can take you far. 2. Innovate Continuously: Constantly seek ways to improve and differentiate your product. Innovation is key to staying ahead. 3. Commit to Quality: Build a reputation for excellence. Quality and craftsmanship can elevate your brand and command loyalty. Louis Vuitton’s journey from a poor boy to a billionaire is a testament to the power of perseverance, innovation, and an unwavering commitment to quality. His legacy continues to inspire entrepreneurs around the world. 🌍💼 Special thanks to Ganeshprasad S for such an informative case study. #Entrepreneurship #BusinessSuccess #Innovation #LouisVuitton #LuxuryBrand #Inspiration #Perseverance #BusinessCaseStudy

Luxe.CO Intelligence conducted a study on 218 developments from 105 luxury brands in the Chinese Mainland during the second quarter of 2024 and selected the top five cases for industry reference, providing exclusive insights. #chinaranking #ranking

The luxury watch industry is facing significant transformation challenges as it adapts to a downturn in demand. Johann Rupert, Chairman of Richemont, emphasized the need for caution in pursuing volume at the recent annual general meeting.  https://lnkd.in/dKz-XskJ With global demand for high-end timepieces slowing, particularly in mainland China and Hong Kong, the industry must reduce production to maintain balance. It is a good signal for the industry to embrace a journey to be more resilient (aka "Invicible Company" https://lnkd.in/dqvM4HPr) by working in parallel on : ⚒️ Optimizing current business models, and considering new geographies : entering India is one of the move to assess #search #exploit #grow #scale #boost #shift ⭐ Inventing new business models : there is an urgency for Executive Committees so assess pre-owned offer or the development of a portfolio of new services (insurance, financing solutions) #explore #test #pivot #kill

#VentureCapital | Seeking Visionary Partners: Dardant - The Next Frontier in Luxury | Dardant a revolutionary luxury brand on the cusp of disrupting the fashion and sustainable real estate landscape, seeks a specialized management company to identify and connect us with the ideal investors and banking partners in Canada and Italy. We are more than a brand; we are a movement. | We meticulously craft timeless designs, prioritize environmental responsibility in every step, and redefine luxury living with a forward-thinking approach. IMAGINE * Exquisite and sustainable products with a captivating brand narrative * A loyal customer base seeking a brand that reflects their values * Exponential growth potential in a thriving luxury market WHY PARTNER WITH DARDANT ? High-Value Opportunity | Dardant offers a unique chance to propel a groundbreaking brand with immense growth potential. With projected high gross margins typical of the luxury sector, Dardant promises exceptional returns for investors. Unlocking Dardant's Potential Building a lasting luxury brand requires a strategic approach and the right resources. We seek a management company with a proven track record of connecting innovative companies with ideal investors and banking partners, particularly in Canada and Italy. You will play a pivotal role in securing the capital and financial infrastructure we need to revolutionize the industry. The Ideal Partner Extensive Network | You have a deep understanding of the investor and banking landscape in Canada and Italy, with access to a network of individuals, firms, and institutions aligned with Dardant's vision. Strategic Expertise | You possess a keen understanding of the luxury market and can effectively communicate the unique value proposition of Dardant. Cross-Border Experience | You have a proven track record of facilitating successful partnerships between companies and financial institutions across Canada and Italy. Shared Passion | You share our commitment to innovation, sustainability, and building a brand that leaves a lasting legacy. Become a Part of Luxury's Evolution If your management company thrives on propelling visionary brands, we encourage you to reach out. Together, we can build a powerhouse in the luxury landscape. Talk to us | dardant.italia@gmail.com | Let's redefine luxury, together. Live, Love, Ride | Dardant #DardantForever #InvestWithPurpose #LuxuryRedefined #EquineLifestyle #EquestrianLife #FEI #Paris2024 #showjumping #Dressage #EquestrianEstates #iconicbrand #wearehiring #Franchises #equitazione #Horses #Fashion #MFW #DreamHorseHome #Maserati #MIPIM2024 #equestrianarchitecture #amazingarchitecture #sustainablearchitecture P.S. Share your Dardant vision - why are you excited?

The Inspiring Journey of Louis Vuitton: Louis Vuitton, a name synonymous with luxury, wasn’t always about billion-dollar fashion statements. It started with a homeless teenager who packed luggage for the wealthy during the 1800s. Here’s how Louis Vuitton turned challenges into opportunities: 1. Identified a market gap for durable and stylish luggage. 2. Revolutionized travel bags with unmatched quality and innovation. 3.Leveraged wealthy contacts to grow his business globally. Maintained a commitment to craftsmanship and excellence—even today, LV artisans undergo 1.5–2 years of training to produce top-notch products. Today, Louis Vuitton is valued at $125 billion, with over 75 luxury brands under its name, including iconic designers like Coco Chanel and Christian Dior. Key Takeaway: Even the world’s biggest brands started small. With product quality, market awareness, and consistent vision, your business too can achieve greatness. What’s your favorite Louis Vuitton product? Let’s discuss in the comments! #LuxuryFashion #LouisVuitton #StartupStory #Entrepreneurship #BusinessInspiration #Craftsmanship #QualityFirst #SuccessJourney #LuxuryLifestyle #LeadershipTips

I recently read a Harvard Business Review article on what the right pace of growth is for a company and how to navigate organizational growth. This is a question I regularly ask myself as a CEO. Here are some interesting insights from this article: 1. When focusing on growth, companies may forget what made them successful in the first place - this can include their level of attention to customer service, innovation and the culture created. 2. Growth and allocation of new resources are interdependent. 3. An effective growth strategy is essential and should address the target rate of growth and how to cover the financial, human and organizational resources needed. 4. It’s tempting for companies to grow quickly to follow demand, but bear in mind any potential harm this growth could create. 5. A great growth strategy maximizes the potential of resources and can distinguish ways to accumulate new resources for future growth, whether by utilizing core markets or entering other relevant markets. All in all, a successful growth strategy doesn’t always require implementing the fastest way to grow. Hermès exemplifies a masterful approach to growth in the luxury sector. In the past decade, the brand has maintained a consistent global presence of around 300 stores, demonstrating remarkable restraint in expansion. However, this strategy doesn't mean there was no increase in the overall retail space by signing for larger stores. The results speak volumes: Hermès' turnover surged from $3.7 billion in 2013 to an impressive $13.4 billion in 2023. This growth stems from a carefully curated approach to store openings, prioritizing quality over quantity. Hermès understands that exclusivity is key to luxury appeal, even as opportunities for expansion arise. Rather than aggressively increasing its retail footprint, the brand aligns its growth strategy with its production capabilities. This measured approach is evident in their craftsmanship philosophy. New artisans undergo a rigorous two-year training program before they can contribute to production, prioritizing quality over rapid output. This practice explains the notorious waiting lists for coveted items like the Kelly and Birkin bags. This careful balance between growth and exclusivity underpins the brand's enduring success in the luxury market. This growth strategy supports Hermès' stable, long-term growth, balancing exclusivity with carefully managed expansion to maintain its position as a leading luxury brand. What are your thoughts on growth strategy for companies of different sizes? What are some of the challenges worth noting? Read full Harvard Business Review article here: https://lnkd.in/d_EinSJF #GrowthStrategy #Entrepreneurship #Growth