In the case of luxury brands (really any product made in China from cell phones to golf balls) it's the IP theft. Run a batch of Dior bags during the day and then some at night outside of the production schedule and then sell them on the internet or to unscrupulous retailers. Ebay and even Amazon have a ton of ripped off copycat products being sold. Even US movies being shown in China are subject to self-reporting of movie revenue to share with Hollywood and just ask the dazzler with his mythical MBA how reliable self-reporting is in the real world. Buying Chinese stocks based on "reported" earnings per share, cash flow and balance sheet equity and debt is like buying Enron stock based on "audited" financial statements.He says this as though quality hasn't been a massive problem since moving supply chains to China.
You can get a Rolex knockoff that looks the exact same, and made from the same materials, for a fraction of the cost.In the case of luxury brands (really any product made in China from cell phones to golf balls) it's the IP theft. Run a batch of Dior bags during the day and then some at night outside of the production schedule and then sell them on the internet or to unscrupulous retailers. Ebay and even Amazon have a ton of ripped off copycat products being sold. Even US movies being shown in China are subject to self-reporting of movie revenue to share with Hollywood and just ask the dazzler with his mythical MBA how reliable self-reporting is in the real world. Buying Chinese stocks based on "reported" earnings per share, cash flow and balance sheet equity and debt is like buying Enron stock based on "audited" financial statements.He says this as though quality hasn't been a massive problem since moving supply chains to China.
My dad bought my brother in law one as a joke.You can get a Rolex knockoff that looks the exact same, and made from the same materials, for a fraction of the cost.In the case of luxury brands (really any product made in China from cell phones to golf balls) it's the IP theft. Run a batch of Dior bags during the day and then some at night outside of the production schedule and then sell them on the internet or to unscrupulous retailers. Ebay and even Amazon have a ton of ripped off copycat products being sold. Even US movies being shown in China are subject to self-reporting of movie revenue to share with Hollywood and just ask the dazzler with his mythical MBA how reliable self-reporting is in the real world. Buying Chinese stocks based on "reported" earnings per share, cash flow and balance sheet equity and debt is like buying Enron stock based on "audited" financial statements.He says this as though quality hasn't been a massive problem since moving supply chains to China.
I’m not a watch guy, but this is happening.
Wife bought me a Tag back in 2001. Still have it; rarely wear it.Bought my wife a Rolex it's the most unreliable watch ever!
Does your wife hate you? Tag makes more interesting models now, but in 2021 they were not getting very good reviews.Wife bought me a Tag back in 2001. Still have it; rarely wear it.Bought my wife a Rolex it's the most unreliable watch ever!
2001 is when I received it.Does your wife hate you? Tag makes more interesting models now, but in 2021 they were not getting very good reviews.Wife bought me a Tag back in 2001. Still have it; rarely wear it.Bought my wife a Rolex it's the most unreliable watch ever!
Man, my eyes are fried…2001 is when I received it.Does your wife hate you? Tag makes more interesting models now, but in 2021 they were not getting very good reviews.Wife bought me a Tag back in 2001. Still have it; rarely wear it.Bought my wife a Rolex it's the most unreliable watch ever!
lol Rolex. The ultimate graduation/retirement gift.My dad bought my brother in law one as a joke.You can get a Rolex knockoff that looks the exact same, and made from the same materials, for a fraction of the cost.In the case of luxury brands (really any product made in China from cell phones to golf balls) it's the IP theft. Run a batch of Dior bags during the day and then some at night outside of the production schedule and then sell them on the internet or to unscrupulous retailers. Ebay and even Amazon have a ton of ripped off copycat products being sold. Even US movies being shown in China are subject to self-reporting of movie revenue to share with Hollywood and just ask the dazzler with his mythical MBA how reliable self-reporting is in the real world. Buying Chinese stocks based on "reported" earnings per share, cash flow and balance sheet equity and debt is like buying Enron stock based on "audited" financial statements.He says this as though quality hasn't been a massive problem since moving supply chains to China.
I’m not a watch guy, but this is happening.
I doubt any of his drunk quook friends have ever once questioned that it wasn't a real Rolex.
Rolex holds secondary market value well due solely to brand recognition and every wanna-be 25yo needing it for their Instagram roll, so you could probably sell it and buy an Omega and have a luxury watch that actually works.Bought my wife a Rolex it's the most unreliable watch ever!
Nobody cares about IWC, and being nicer than Rolex is a bit of a stretch. I don't think any watch person would ever say that.Rolex holds secondary market value well due solely to brand recognition and every wanna-be 25yo needing it for their Instagram roll, so you could probably sell it and buy an Omega and have a luxury watch that actually works.Bought my wife a Rolex it's the most unreliable watch ever!
..or you could splurge on something even nicer like an IWC.
Super Clones are a real thing, some of the knockoffs are getting insane and nearly imperceptible from the real deal to the untrained eye.You can get a Rolex knockoff that looks the exact same, and made from the same materials, for a fraction of the cost.In the case of luxury brands (really any product made in China from cell phones to golf balls) it's the IP theft. Run a batch of Dior bags during the day and then some at night outside of the production schedule and then sell them on the internet or to unscrupulous retailers. Ebay and even Amazon have a ton of ripped off copycat products being sold. Even US movies being shown in China are subject to self-reporting of movie revenue to share with Hollywood and just ask the dazzler with his mythical MBA how reliable self-reporting is in the real world. Buying Chinese stocks based on "reported" earnings per share, cash flow and balance sheet equity and debt is like buying Enron stock based on "audited" financial statements.He says this as though quality hasn't been a massive problem since moving supply chains to China.
I’m not a watch guy, but this is happening.