Adam Smith scrutinizes ThirdLove

ThirdLove bills itself as a progressive, feminist, woman-led leader in lingere.   In this expose (https://www.vox.com/the-goods/2019/9/16/20864206/thirdlove-bra-company-women-employees-quit-ceo), evidence is offered that it is something rather different.  The following quote is a summary of the culture, one incompatible with a staff primarily made up of women: “This about-face was compounded by company norms — don’t negotiate your…

Luxury houses diluting justice

In an extremely interesting article, Eugene Rabkin mulls over the changing face of luxury (https://www.highsnobiety.com/p/luxury-fashion-appeal-lost-today/).   Luxury houses have long sought to shift product but avoid brand dilution.  The balance has often been difficult.  The new strategy is going swimmingly, the only real cost, justice.   Supreme led the way: keep cheap stuff scarce.  Rabkin…

Max Scheler approves of eccentrics (Video)

One of Scheler’s great complaints about commercial civilisation is that its vampiric quality (V&R Chapter 5) rids societies of eccentrics.  Adam Smith’s spectator does prompt a degree of conformity, as does the all important role of brand logos in luxury fashion.  How refreshing then is this story: https://www.bbc.com/news/av/uk-england-sussex-48757020/the-brighton-tailor-whose-identity-became-his-business.   After the story, Zach Pinsent thanked…

Banking billions through subsidiarity

Discussed at V&R Chapter 3 are the basic principles of Catholic Social Thought (CST), including the moral principle of subsidiarity.   Don Quijote is a Japanese retail chain whose business plan is built on each shop having subsidiarity (https://www.bloomberg.com/news/articles/2019-04-17/the-cult-japanese-retailer-making-billions-breaking-all-the-rules).  All hiring and management is local to ensure that the shops act like barometers to tastes…

Dolce & Gabbana need to take advice from Lord Kames

Two weeks ago D&G famously imploded in China (http://www.dazeddigital.com/fashion/article/42334/1/dolce-gabbana-dg-china-cancelled-shanghai-show-model-experience).   To launch a fresh push into the Chinese market, the brand rolled out an ad in which a young Chinese woman tries to eat a slice of pizza with chop sticks.   The woman’s struggle with the pizza and giant cannoli was, I suppose, an…

Harmonizing Hume and Pope Francis

Harrods is thriving despite being somewhat aloof from the digital economy (https://www.businessoffashion.com/articles/global-currents/in-a-digital-world-harrods-bets-on-tradition?).  A business very much about a place, it is developing sales strategies from its traditions, relying on in-shop experiences rather than the rapidifcation and technoscience made possible by the digital.  Though a critic of luxury, Pope Francis would have to approve much of…