Bulgari

Kong
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Different perspective, I guess ...

Hi LVT

Speaking for myself, all products, the most important is the in-house capabilities.
And a huge percentage lies with human instead of machinery.

The engineers and the team, in their working life, will design,develop and manufacture something not so-good and failed along the way.  But the know-how of why the products failed  or did not work as per designed intention is the precious knowledge-base (which hopefully the company knows how to log in, store and share among the design and manufacturing and process teams instead of only known by a few) which is a spring-board for better design and repeatable manufacturing with some lateral thinking or innovation.

The humans in the company (the knowlege-base)  are really that matter....thus it reaches the point of purchasing intellectual property be it poaching (before employing) or vertically integrated by acquiring.

"In June 2000, the Bulgari Group acquired 100% of Gérald Genta S.A., Daniel Roth S.A., Swiss leaders in high-end watch making, and Manufacture de Haute Horlogerie S.A., the owner of the related manufacturing facilities. This acquisition gave rise to a new company named Daniel Roth et Gérald Genta Haute Horlogerie S.A."

Bulgari at that time, could quietly merge the GG & DR into Bulgari Time, but did not.  I don't wish to speculate the reason/s.

With GG&DR and other Bulgari subsidiaries capabilities, I would not say they are without  "in-house  design, knowledge , and in-house  producing", perhaps except for screws, crystals, rubies and croc-straps.

Just my thoughts as an ex-manufacturing guy.

Kong