piccolochimico (aka dsgalaxy1)
2069
I think that they thought it was a never ending rise
May 23, 2024,16:42 PM
History should help, or at least economic cycles.
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Mis-timing the luxury watch market
By: cazalea : May 23rd, 2024-13:53
This article appeared in the Wall Street Journal today, discussing how a company could get ahead of itself and the market, and be caught with too much inventory when the music stopped (if you remember the game Musical Chairs) There's plenty more to this W...
Lots of excellent comments on NYT site.
By: enjoythemusic : May 23rd, 2024-14:08
Someone smartly sold near/at the top. It's how BUSINESS is done. We all already all know about the trajectory of 'content' on that site. Plus it surely must have been great fun to ' get high on your own supply '. But we all know how that ends, just ask To...
This is a tough year overall for consumer...
By: m2 : May 23rd, 2024-15:23
I am focused on DTC/DNVB consumer specifically, and most of our portfolio companies are not doing well this year. It's odd since 2022 wasn't bad, neither was 2023 for us, but 2024 is extremely tough. My guess is that things won't really improve until inte...
Exactly this!
By: Derreck : May 24th, 2024-13:41
Fed announced all over that they were going to raise the rates, if you can’t understand what that will do to the luxury market maybe you shouldn’t be running a 100 mil $ business. I wish them well however after this article no investor would touch them ev...
It was.
By: Jay (Eire) : May 25th, 2024-15:08
+1
By: Derreck : May 24th, 2024-13:32
And STILL you
By: myles721 : May 23rd, 2024-15:54
can’t walk out with a Submariner!!! 🥹🥹🥹
I was banned from Ho...
By: mdg : May 23rd, 2024-16:25
...for having the temerity to point out that sites relying on advertising from manufacturers cannot be relied upon for unbiased reviews.
I'd never been on the site until this week
By: cazalea : May 23rd, 2024-16:28
I'm not one to patronize "the competition" even though we don't really compete directly, it's still the same eyeballs we are hoping to attract (if not the associated wallets)
I met a few of the H guys at another event
By: cazalea : May 24th, 2024-22:28
We talked shop a bit, as one does, and talked about other sites, like TimeZone. But their NYC vibe didn't resonate with me, so never followed up. Mike
Ten years ago it was relevant.
By: Uncle Chico : May 23rd, 2024-17:11
Once Jack Forster left I noticed a change in direction. I’ve always wondered what caused him to leave. IMO sales and celebrity became more important than content. I hope it weathers the storm.
There was imo never a reason to run
By: Bruno.M1 : May 23rd, 2024-20:29
2 years ago it was a time to sit back and don’t buy the hyped pieces, others were still worth looking at Today is imo a buyers market… once again.. still not the Nautilus, Royal Oak and sport ROLEXYES But there are some real bargains in todays market
Everything I hate
By: E in PA : May 23rd, 2024-19:47
About watch collecting and pretentious brand snobs rolled into one place.
That made me laugh. 😂
By: Jay (Eire) : May 24th, 2024-21:38
Is it OK to like two of those three? Or should I be burned at the stake?
ROFL.
By: amanico : May 24th, 2024-21:39
?
By: E in PA : May 25th, 2024-01:35
I’ve only seen there watch stuff so I can’t say I have an opinion on anything else they do.