[Pearlsintime]

The Macro Cascades over the Micro in this case, all lux products will take a varied hit over the next few quarters world wide. In my honest opinion this would be the time you make a even more concerted effort into providing the absolute highest quality product without even thinking about cutting a single corner. As you have stated you are well versed in econ (nice to have another on here)...

For my company the quality associated with our brand is our lifeline.

In a ever changing market we as with nearly every other business are juggling with variables that have dramatics swings and flux's that cannot always be predicted.

What we can control is our quality and the quality that is associated with our brand name; not only within the business community but with our current and future customer base.

We have reduced our levels of profit and will continue to do so as our primary goal is to maintain and even higher level of quality by providing customers with more than they would expect, this is going to be the only way to survive the luxury wars in a time when many customers are faced with massively increased costs to staples of life such as food and energy.

regardless just my 2-cents, the bottom-line is never cut corners to try and increase profit. Anything that is done to strip value out of the customers hand while increasing your own profit is simply wrong and short term gains never will promote long term success.


have a good day,