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Thought via Path

Last Updated on December 10, 2018

“Because people with money will not wish to show it. If your child’s best friend’s parents go unemployed, you don’t want to buy a car or anything showy.” – Johann Rupert, the chief executive of Richemont, which owns Cartier and other big luxury brands.

http://www.washingtonpost.com/business/economy/louis-vuitton-and-guccis-nightmares-come-true-wealthy-shoppers-dont-want-flashy-logos-anymore/2015/06/15/e521733c-fd97-11e4-833c-a2de05b6b2a4_story.html? – Read on Path.

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