That got your attention! So fair warning, there is a fair bit of "blue" language ahead, you might want to send your kids out of the room.
So back from BaselWorld with a full day to clear out the cobwebs and a bit of time to reflect on what state the industry really is in.
Some observations and food for thought -
1. Things ain't getting any better anytime soon. Pretty much every brand announced more "attainable" price points and collections designed to accommodate these newly understood realities.
More brands either downsized or migrated to more "modest" facilities. Some relocated in impossible to find hotel conference rooms with all of the charm of a Stasi interrogation cell. And some are now beyond life support and simply retreated without so much as a whimper.
Bottom line? For brand managers and CEO's the message is clear - it's "Fu*k or Walk" time. Sorry to put it so bluntly, but I think the mood was best understood through a conversation that I heard in one of the BaselWorld halls involving what I am assuming was a sales rep and his boss:
Boss: "You are just like the fu*^ing Tin-Man from the Wizard of Oz! You've got no fu*^ing heart!"
Ouch!
2. I could be wrong, but my suspicion is that the media FAR outnumbered distributors and retailers.
3. Some brands still don't get it. Zenith is starting to show very real signs that the cheese has slipped off of the crackers at the higher levels. A shoe-shine stand and barber chair set-up greeted guests. What that was all about remains a "not so hotly" debated question. Add to that another "Rolling Stones" limited edition has left me more than a wee bit bewildered. But in fairness that is one man's opinion. I will let you judge for yourselves. Here is a picture of their latest "creation" courtesy of Zenith's Facebook page -
This watch is so goofy that it truly hurts my feelings. Now for all I know, this abomination has already sold out. Speaking of selling out...
English, Motherf*%ker, do you speak it?
So back from BaselWorld with a full day to clear out the cobwebs and a bit of time to reflect on what state the industry really is in.
Some observations and food for thought -
1. Things ain't getting any better anytime soon. Pretty much every brand announced more "attainable" price points and collections designed to accommodate these newly understood realities.
More brands either downsized or migrated to more "modest" facilities. Some relocated in impossible to find hotel conference rooms with all of the charm of a Stasi interrogation cell. And some are now beyond life support and simply retreated without so much as a whimper.
Bottom line? For brand managers and CEO's the message is clear - it's "Fu*k or Walk" time. Sorry to put it so bluntly, but I think the mood was best understood through a conversation that I heard in one of the BaselWorld halls involving what I am assuming was a sales rep and his boss:
Boss: "You are just like the fu*^ing Tin-Man from the Wizard of Oz! You've got no fu*^ing heart!"
Ouch!
2. I could be wrong, but my suspicion is that the media FAR outnumbered distributors and retailers.
3. Some brands still don't get it. Zenith is starting to show very real signs that the cheese has slipped off of the crackers at the higher levels. A shoe-shine stand and barber chair set-up greeted guests. What that was all about remains a "not so hotly" debated question. Add to that another "Rolling Stones" limited edition has left me more than a wee bit bewildered. But in fairness that is one man's opinion. I will let you judge for yourselves. Here is a picture of their latest "creation" courtesy of Zenith's Facebook page -
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Courtesy of Zenith - Facebook |
4. Another few hundreds of acres of prime forests were destroyed for no apparent good reason. I couldn't begin to guess how many hundreds of thousands of catalogs were handed out to be either left behind or thrown away. News flash for brand PR managers - about 1 percent of your customers/fans are going to lug your catalog home.
5. To quote Sam L. Jackson -
There really is no point in sugar-coating it. Shame though, for us who love the industry - or at least (some of) the watches they make.
ReplyDeleteDo you have any examples of brands who "simply retreated without so much as a whimper"?