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by sonnyblarney 2728 days ago
Market for $300 T-shirts is very small. Niche, not really consumer.
1 comments

Yeah NO ONE has ever made money selling luxury consumer goods, ever. /s
LMVH made about $50 billion in revenue last year.

Not great. But okay for a tiny market like luxury consumer goods.

Probably should look at shutting up shop at some point.

Not enough to warrant a near-trillion dollar market cap.
It's a good point but most luxury goods are beyond $300 T-shirts.

And when they are, it's because of the brand and everything else going on with the brand.