Swarovski lays off over 6000 employees | Luxury crystal maker's profits dip | World News | WION News
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- Опубліковано 4 вер 2024
- For more than century Swarovski has been king of bling. But, now this maker of luxury crystal is in a bit of crisis. WION brings you a report.
#Swarovski #Crystals #WION
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Money has stopped flowing. But not for politicians.
so they're saying they're gonna take production and distribution away from the DIYers and nail technicians and jewelers and pivot back to luxury only
Which makes no sense to me as, in my opinion, they probably sell more to the DIYers, etc... than they sell figurines, etc...
@@cheriemarr3382 I agree
I think that they don’t want people wearing their stones on nails
Buy Preciosa.
Current model of business running around the world is not sustainable..development and growth is the parameters at the cost of poor employees.
They will shine again
Oh so sad.growing and then coming down is very painful
Man, that rough.. Mom and Pop shops have been utterly destroyed by this WhuFlu
Swarovski’s success is closelytiedtotourism. Look around for tourists and you’ll understand their problems.
no parties to wear ball gowns and not Tourism.
So end of days...
No the night and dawn is part of life ones fall is another beginning life will back on track and choas also in general we should always optimistic for the future
People realised they can't eat diamonds lol Covid tough...
It's not real diamonds.
👍
those are not diamonds, LoL! those are plastic gems! You didnt know?
@@eduardochavacano they’re not plastic
This is very sad.........Covid 19 destroyed so many lives
Politicians did
well not the people who can afford crystal studded shoes and gowns.
No I worked for them. They did this to themselves. They’ve had year to create a fabulous digital presence. It’s merely good. Not good enough to entice the moneyed people. People will always find the money for items that make them feel good. This is an enormous fail.
what have we accomplished even after so much technological progress, so many people are sleeping roadside with an empty belly. basic food, water, and shelter must be provided to each member of society no matter how poor they are.
Creating and selling luxury goods while trying to release marketing campaigns to inflate its price doesn't really benefit society. So I don't see any problem with this. Other needed and beneficial sectors will take over, especially if a state steers the direction in that way.
Exactly. It will help other smaller businesses compete and make money. However Swarovski has already said some companies will still be able to buy those crystals but their name can't be on the tag. That's the most ridiculous part.
Look forward to a return to ....the stone age albeit with technology .
there is no social distancing and lockdown in the stone age and no religions too.
I only collect their Crystal and have several hundred pieces which I have beautifully displayed . I’m not a fan of their jewelry because they don’t use precious metals.
I believe swarovski has not been profitable because our world and ideals have changed. Beauty and collecting art is not popular with the Millennial/Gen Z generations. They would rather live in their parents basements and use their little earnings for traveling all over the world for “the experience.” 🙄
Minimalism is also their thing. There’s no room for Swarovski collectibles in their world. Technology is their god. This is most unfortunate as Swarovski makes beautiful art.
This makes me sad
Okay WION just changed the Thumbnail 😛
What is a luxury crystal?
Excellent question.
The product is what it is the experience you have buying it is what makes it a luxury.
SWAROVSKI I saw this @many Korean dramas......
They are the sub-sponsors of many k-drama series......
I dont buy any swarovski because stores in my contry treet theyr workers so poorly, and i dont want to support such business model
well not everyone is dying to wear crystal studed mask and face shields.
😓
Aum mane padme hum l
Naka bum dorji boi drap l Aum mane padme hum l
"Every stone is an precision gem" _"Rough Stone Paradise"Ltd.
Aum mane padme hum l Naka bum dorji boi drap l Aum mane padme hum l Aum hiri shirthi vikrantans hum I
Over saturated
Never heard of this business, big surprise.
Lol it's just you
they are extremely popular in Europe, maybe not popular in your country
The daughter spent over $1,000,000 on her wedding dress; not the entire wedding, just the dress.
Da-yam!!!! Was the fabric made of gold or what?!?!
yes that 23 year old is worth 3 billion the hypocrisy of it all whilst the workers get fired because they didnt make another billion during covid!
Jesus is Lord he's coming song
You mean “soon”. Jesus did not give you the gift of communication. You can’t even spell. So in God’s most holy name, do something else for Jesus. Go bake cookies or plant lettuce and feed the hungry. Because clearly your purpose is not to preach. God forbids you to preach online. Because he wants you to use your talents. Writing is not your talent. You cant even spell. But the good lord gave you other gifts. Try baking croissant or bagel and feed your neighbors, Amen.
Who's buying "Luxury Crystals" in a So Called Pandemic anyway?
Is Crystal an Essential Item? Can you Eat Crystal? Can you Warm your House with Crystal?
During a time of many Lockdowns and Non-Essential items not being sold to the public, why is this A Story?
Well some people need to attend a wedding and the fashion designer wants to create a ball gown studded with 10 thousand crystals.
I buy them. And not you can't eat them but they help to make a source of food and money