This is the most insane way of showing data. So much chart junk and wasted data ink. Please try to be more minimalist next time. Conveying data shouldn’t be a chore for the reader.
Ok-Acanthisitta3572 on
Luxury goods are such a trip. 67% gross margin. Why do people buy such obvious rip offs? At any rate the whole industry is doing poorly due to the economic slowdown in China.
DeadFyre on
The problem is they tried to make themselves into a competitor for some even more absurdly overpriced brands, and that’s not really who they were. Burberry created the original trenchcoat, and used to stand for good quality and value, a cut above cheapass off-the-rack trash, but not the absurdly overpriced ego-substitute brands which litter Neiman-Marcus.
Appropriate-Pear-33 on
Speaking on their men’s collection, it’s because the stuff is ass with a capital A. I used to love the men’s polos and dress shirts for work (appropriate for the environment I was in at the time) and the quality of them went down the drain but price went up about $150. Even at the outlets the pricing is still wack. The material is garbage, the designs look oddly cheap for such expensive products. They deserve this in their own way. Not sure what the luxury trajectory should be these days but what they are doing ain’t it.
5 Comments
Source:
[https://www.burberryplc.com/content/dam/burberryplc/corporate/2024-updates/burberry-annual-report-and-accounts-2023-24.pdf](https://www.burberryplc.com/content/dam/burberryplc/corporate/2024-updates/burberry-annual-report-and-accounts-2023-24.pdf)
Tools: Figma
We’ve got more charts on our Substack here:Â [https://genuineimpact.substack.com/](https://genuineimpact.substack.com/)
This is the most insane way of showing data. So much chart junk and wasted data ink. Please try to be more minimalist next time. Conveying data shouldn’t be a chore for the reader.
Luxury goods are such a trip. 67% gross margin. Why do people buy such obvious rip offs? At any rate the whole industry is doing poorly due to the economic slowdown in China.
The problem is they tried to make themselves into a competitor for some even more absurdly overpriced brands, and that’s not really who they were. Burberry created the original trenchcoat, and used to stand for good quality and value, a cut above cheapass off-the-rack trash, but not the absurdly overpriced ego-substitute brands which litter Neiman-Marcus.
Speaking on their men’s collection, it’s because the stuff is ass with a capital A. I used to love the men’s polos and dress shirts for work (appropriate for the environment I was in at the time) and the quality of them went down the drain but price went up about $150. Even at the outlets the pricing is still wack. The material is garbage, the designs look oddly cheap for such expensive products. They deserve this in their own way. Not sure what the luxury trajectory should be these days but what they are doing ain’t it.