I'm sure there are plenty of people out there doing exactly that,
but I would not expect it to be as common as he implies.
David’s true words. This also applies to “store has stripped my
branding” and “diamond jewelry collection for jewelry chains” and
yes, even “the p= rice of gold”.
Welcome to the real world… I don’t read Harper’s either, but I
found some excerpts by searching the title - nothing earthshaking,
really. Those are salesmen - I’d put them in the pawnbroker
category, myself. There’s certainly an element of art in jewelry,
even (or maybe especially) at the higher levels, but jewelry is also
about the buying and selling of precious things. It’s not any
different than Walmart, Exxon or Coca Cola.
Trying to separate consumers from their money, and the bigger the
scale the bigger the noise. And when you open your store, you can
say who gets what and when, too. And when you open your 100th store
you’ll find that the world is a different place, and a 50 cent rise
or fall in the price of gold actually means something. Corporate is
corporate, to a large degree. There are chains of supply, COGS,
profits all along the way, fleecing the flock, as it were. Did you
really think a Coke has $2.00 worth of stuff in it?