Originally Posted by Mr. Moo
I am comparing production methods in two related industries.
What is the alternative that would make their jewelry better? An old man by himself in a small room making all of their jewelry?
In the style of Tiffany's there are quite a few options, just go into any decent high end jewelry store and you're sure to see many of the same designs (common designs, not Tiffany originals).
People buy Tiffany's jewelry because of the brand recognition, even the executives of the company have stated this in the press.
A little transparency would be good and a pay for their employees which matches the retail price of the product they're selling.
They're the classic corporation, it's all about take take take. Their newest factory in Kentucky.. they got 3 million dollars of tax breaks to open there so they can pay their jewelers $18.50 an hour to make their jewelry, all for a company that shows over $65,000,000 in profits a year.