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“Headwinds”

Overpriced luxury items in a high inflationary environment = declining sales
These past few years have actually been extremely (!) good for luxury goods makers. For example, Louis Vuitton (LVMH) reported its earnings a few days ago. Total revenue was up 10% year over year (which included an 11% increase for fashion and leather goods segment). Luxury goods have been surprisingly-resilient.

Not saying luxury goods won’t eventually feel the pressures of high inflation. There are indicators that point to a recent slowing in luxury goods demand (including in the above mentioned results from LVMH). But during this particular overall period of high inflation, luxury good makers have done very well.

LVMH has been doing so well these past few years that its CEO (Bernard Arnault) became the richest man in the world a few months ago (briefly surpassing Musk, before Musk surpassed Arnault again a few months later). I think Arnault has since dropped to third richest as of a few days ago though (so please keep him and his family in your thoughts and prayers tonight, lol).
 
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Whaaaaaat? With quality products like this, how are they going out of business? Look at the attention to detail. It’s unmatched.
 
Products seem well made but design always felt a bit dated, and even more so when many seem to go away from using animal leather products, I guess they couldn't overcome the situation.
 
Products seem well made but design always felt a bit dated, and even more so when many seem to go away from using animal leather products, I guess they couldn't overcome the situation.
If anything they couldn't overcome their website running off a potato, and nobody ever having heard of them.
 
Cool Stuff just not my taste sucks for the company though
They were already starting to struggle pre-Covid. Some of the small business funding probably pushed off this closure, but this closure was coming for awhile. I’ve ordered from them in the past. Good products. Customer service was great.
 
Given how quickly most of the Apple Watch bands sold out today, I'm going to assume the price was finally 'right'. Although most of the styles are not my taste.
 
Sorry to see them go. Always liked their stuff. Just bought two Apple Watch bands, since they're half off.
 
One man’s “artisanal stitching” is another man’s “crude and dodgy craftsmanship“. I was always put off by the poor, kludgy designs and crude craftsmanship, not surprised by this development.
 
One man’s “artisanal stitching” is another man’s “crude and dodgy craftsmanship“. I was always put off by the poor, kludgy designs and crude craftsmanship, not surprised by this development.
I remember Leo Lepuke ranting about them years ago. When I went to the site I was surprised that everything they had looked like it was part of an 8th grade shop class. That or it was made by 15th century native Americans. Never understood the love for them.
 
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was looking for a iphone case and I saw the same picture of the one posted a few posts above....

wow, I'm not paying $5 for that let alone $50. Looks totally amateurish....THAT is the photo they used to showcase their product with poor stitching and uneven shape and dents? And look at the bottom edges of the phone, it clearly has a lip which looks uncomfortable to hold. I'm imagine that it comes with a disclaimer that "flaws are expected due to the nature of leather and the handmade process, every item is one of the kind"
 
Products seem well made but design always felt a bit dated, and even more so when many seem to go away from using animal leather products, I guess they couldn't overcome the situation.
They’re not going out of business because some people stopped using leather. This is not an actual anti-leather moment. Most people are not linked into the conversation to an extent that they’ll be swayed by the gesture, I think.

Leather is largely a byproduct of the meat industry. Isn’t it amazing that the many of the same people who talk about how immoral leather is, are the same people that tell us it has some disproportionate negative impact on the environment? I just don’t think that’s entirely a coincidence.

And the solution to leather. Ah, “vegan leather!”

Which is…..plastic. But, i thought we were worried about running out of oil? And plastic doesn’t biodegrade! It’s hardly a solution, then.

I don’t think someone is bad or wrong for not wanting to use leather (or eat meat for that matter). I just think the issue may be often oversimplified.

But, I think people need to always take the talking heads with a grain of salt. Many are ideologues, even if they believe they have good intentions. They may have passion, but many are obviously often willing to lie and manipulate to pursue their agenda. And that’s across the political spectrum.

i will now unbox my new shearling coat which just arrived, and it will keep me warm when the winter weather comes.

[Edited for clarity and to make it clear I was speaking more generally than it may have originally seemed]
 
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It’s sad another OG iPad/iPhone accessories company is leaving the scene.

I have always wanted to get something there but they just don’t have what I want. I always wondered why they only have the same 2 color of the same leathers only. Oddly, they aren’t on ETSY even, where they may have thrived with the hand-stitching aspect. Many similar leather accessories have made a big presence there where Apple leather products sell even higher for some.
 
They’re not going out of business because some people stopped using leather. This is not an actual anti-leather moment. Most people are not environmental zealots who will believe anything their overlords say.

Leather is largely a byproduct of the meat industry. Isn’t it amazing that the same people who complain about how immoral leather is, are the same people that tell us it has some disproportionate negative impact on the environment? Huh, what a coincidence.

And the solution to leather. Ah, “vegan leather!”

Which is…..plastic. But, i thought we were worried about running out of oil? And plastic doesn’t biodegrade! Oh…I guess we’re not worrying about that anymore?

People need to always take the talking heads with a grain of salt. They are ideologues. They may have passion, but they’re obviously often willing to lie and manipulate to pursue their agenda. Across the political spectrum.

i will now unbox my new shearling coat which just arrived, and it will keep me warm when the winter weather comes.
Nor did I solely suggest they did. But it's not just a "few" who ask for leather alternatives.

I'm not a vegan or even vegetarian. Also got couple of goods made of leather. But I still can say that I think the world could make do with a bit less meat eaten and leather worn.
 
i will now unbox my new shearling coat which just arrived, and it will keep me warm when the winter weather comes.
Had to look that one up. I'm officially interested. You ever have one before?

I'm not a vegan or even vegetarian. Also got couple of goods made of leather. But I still can say that I think the world could make do with a bit less meat eaten and leather worn.
I thought world hunger was a thing? 🤔
 
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