Originally Posted by Pantisocrat
Hermes was the first to see the phenomenon just like the two guys at Goldman during the sub-prime housing mess, and made a profit.
Louis Vuitton opened a store in 1978 (5 boutiques inside department stores in march, 1 actual store in osaka in september) same year as Hermes.
Originally Posted by Raralith
I honestly can't say I can agree with that from the experience, albiet not lifetime, I have in China and Taiwan in regardless of why higher end goods are more expensive. My main reason is that there is a huge disparity of wealth in China, much worse than Western countries. Let me give you a hypothetical example:
you can't just quote random fancy fairytale hypothetical data to make a point. go do your homework and come back. anybody can make up numbers
Originally Posted by academe
Also following this line of thought, what I'd also like to know is why many anti-China posters don't have a problem with garments being made in Italy. Ralph Lauren is an American company; following this line of logic, then it should be equally upsetting to the American patriot to have garment manufacturing for RL moved to Italy. After, why have Caruso or Cantarelli make your suits when you could use Martin Greenfield?
a person cannot be this dense. we're not talking about an american company outsourcing clothing to any other country, we're talking about specific situations in china that are different from any developed nation like italy. while shantytowns and illegal immigrants might run amuck in the clothing industry in italy, at least italy has vital human rights laws. i would imagine standard of living is at least higher compared to china among such people. i would also imagine that the more media exposure there is of such situations things will change, whereas china actively suppresses any such sort of media exposure and will not change
Originally Posted by kwoyeu
In case anyone's interested, here's Scott Sternberg (BoO) explaining why some of his cashmere sweaters are made in China:
for example, Chinese cashmere can be superior depending on the type of sweater, so we’ll make those sweaters there – we do so not to save money or become part of the evil Empire but because it’s the best solution for a given product)
that's an awesome quote... except for the part where he fails to give any sort of justification as to why he has to manufacture chinese cashmere in china. if it's not to save money then what is the reason? you mean it actually would cost less to import it to some other country and have it manufactured there (ie because otherwise he would be saving money by manufacturing in china).
Originally Posted by academe
Regarding 10 hour work days; I would like to suggest that perceptions of what constitute "reasonable working hours" varies significantly from one country to another, so your suggestion that "long hours in China = bad" is really a red herring.
right because variance in cultural norms is the reason for 10 hour work days and not retrograde labor laws. are you seriously implying that asians actually enjoy 70, 80, 90 hour workweeks because they're asian? goddamn major
i'm absolutely astounded at teh stupidity of this statement. fwiw korea recently barely abolished the six day workweek despite stiff opposition from corporations. the workers must have so disappointed /rant this thread sucks. literally maybe two of you made any sort of valuable contribution with insider knowledge. the rest of you just talked about the quality of the made in china sweaters you owned or spouted some fancy numbers pulled out of your ass