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Look at Bang & Olufsen. You can definitely produce high quality goods that last decades and update them regularly because they're simply beautiful. My father's
by sureIy 2y ago
Look at Bang & Olufsen.
You can definitely produce high quality goods that last decades and update them regularly because they're simply beautiful. My father's 1995 model is still in use to this day.
Granted, they're insanely high priced, but that means they also sell very few. There must be a middle ground.
- danielmarkbruce 2y agoThe market cap of BO is ~US$250m. That's made up of a product line that includes more than speakers. It's 100 years old. They aren't profitable. It's a great example of being in an awful industry. Personally, I applaud them. But it's hard for a business to point to them and say "See! We can do that!". Investors will run.