what happens if and when these tariffs ever get brought down? do prices come back down? what about certain industries, such as watches, where consumers purchase on the assumption they can recoup some of their money when they sell? a watch marked up to $8k can't be brought back to $6k very easily.
26% Kit Kat price increase ahead of Halloween?? Lord have mercy
September 10, 2025 at 3:44 AM
what happens if and when these tariffs ever get brought down? do prices come back down? what about certain industries, such as watches, where consumers purchase on the assumption they can recoup some of their money when they sell? a watch marked up to $8k can't be brought back to $6k very easily.
i think people would be surprised by who buys $8k watches. one friend is a shoemaker, another is a union electrician. yet another is an art school teacher.
omega didn't build an empire by selling speedmasters to millionaires; it's regular middle class people
someone who buys a $2 kit kat for $2.50 won't care if you bring the price back down. but the guy who bought a $8k watch is going to be pissed if you bring the price back to $6k bc that affects his resale value. yet, $8k is not the real market clearing price for that watch, so retailer is screwed.
September 10, 2025 at 4:30 AM
i think people would be surprised by who buys $8k watches. one friend is a shoemaker, another is a union electrician. yet another is an art school teacher.
omega didn't build an empire by selling speedmasters to millionaires; it's regular middle class people
Although it's rarely expressed in outright terms, people often use a very simple heuristic when solving fashion problems: they wish to look rich, which is often disguised as "respectable."
I will show you why this rarely leads to good outfits. 🧵
September 10, 2025 at 12:28 AM
Although it's rarely expressed in outright terms, people often use a very simple heuristic when solving fashion problems: they wish to look rich, which is often disguised as "respectable."
I will show you why this rarely leads to good outfits. 🧵