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Simple: Ferrari is a luxury brand. Luxury thrives on constricting supply. Lots of luxury brands in the fashion industry literally burn down their excess supply
by jerojero 3y ago
Simple: Ferrari is a luxury brand.
Luxury thrives on constricting supply. Lots of luxury brands in the fashion industry literally burn down their excess supply. I wonder what happens to unsold Ferrari cars.
- Grazester 3y agoLVMH doesn't have public discount sales on their clothing items. Once a year in NYC(for U.S. offices) they would have an employee only discount sale where all their offices came together and you could go through racks of their clothes.
- m463 3y ago> I wonder what happens to unsold Ferrari cars. I suspect they are mostly built to order. I've also heard Ferrari will vet their customers - not selling to customers that upset them - like customers who lend their cars out for published performance tests.
- belter 3y agoThere are no unsold Ferrari cars... :-) Like there are no broken down Rolls Royce or undriven Porsches...