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4 Corporations CONTROL the ENTIRE Luxury World !!?

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John P Watches

John P Watches

Күн бұрын

Did you know that 4 corporations control the majority of the luxury goods world. From Swiss watches, German watches, high end clothing, accessories, and even adult beverages, all of the proceeds are funneling back to the same investors and investment companies.
With watches, there are many choices. There a sports watches, dress watches, affordable watches, and high end ultra luxury watches. The market and the content displays rich history in the brands and the difference between them. Though, did you know many of them owned together are actually using same parts, components, and even assembly houses. Of course, these watches are all high quality, though interesting to see. The watch industry breakdown is included !
In designer clothes, there is also a similar phenomenon. Brands like Gucci, Louis Vuitton, and even the lesser known brands like Loro Piana, are all distributed and held by the same companies. Sure, there will be differences. This Gucci may become a little more "young" in their offerings to pair with the upswing of newer buyers, while brands such as Fendi, Givenchy, or even Dior, may cater to perhaps a more loyal base.
Between Richemont, LVMH, Kering, and Swatch, you can name endless brands like Jaeger Lecoultre, Omega, Tag Heuer, Zenith, Hublot, and on and on. Though notice- Rolex is not on the list ! haha- had to.
Thanks for watching and please do not forget to like and subscribe for the latest in watches, and vintage watches from a watch dealer's perspective.
Thanks for the continued support !!!!
-John P
/ therealjohnp
Stay tuned for vintage watch talk, an insider perspective into the watch-dealer world, and other banter!
Thanks for all the support!
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Пікірлер: 58
@jasontoms2859
@jasontoms2859 5 жыл бұрын
Prior to the quartz revolution, most Swiss and German brands were independent. The popularity of these new watches caused massive layoffs in the industry and led to consolidation. I visited Longines at Saint-Imeir in 1973, and just a few years later, the building where movements were produced was closed down and many of the people I had met during my visit were laid off. I keep my Avigation Chrono as a tribute to those watchmakers. I'm actually surprised by how healthy the industry is today.
@erik0073
@erik0073 2 жыл бұрын
Very good video, interesting commentary and overview.
@justjacqueline2004
@justjacqueline2004 5 жыл бұрын
Uniform corporations,uniform thinking and uniform conformity and dreary design.
@freesneaky
@freesneaky 5 жыл бұрын
If you like a certain brand, and if that brand is the 'mid tier' of a large corporation, like Longines, that brand will always stay in that spot. Which sucks for the fans of that brand. Ex: Longines might have been one of the best watch companies back in the day, but as long as it's in the swatch group, it's quality will always stay mid tier. All the good stuff will obviously go to Omega and higher tier brand within the gruop.
@Blair338RUM
@Blair338RUM 5 жыл бұрын
Very informative John. Great work mate.
@joseinluzon2218
@joseinluzon2218 5 жыл бұрын
Nice video and... nice talking to you earlier about that GMT Master II!!😉
@JohnPWatches
@JohnPWatches 5 жыл бұрын
Nice chatting !
@yannickdaucourt9240
@yannickdaucourt9240 5 жыл бұрын
Nice video ! You can add Bulgari to LVMH ! Bulgari had before taken over Gerald Genta and Daniel Roth so that gave them a lot of credibility in the watch word.
@chironna87
@chironna87 5 жыл бұрын
Old intro is back! :)
@andrew811ful
@andrew811ful 5 жыл бұрын
Most definitely, if you pay attention to the watch industry it acts similar to other markets and has a large effect of the economy in general.
@yordanismarimon9253
@yordanismarimon9253 5 жыл бұрын
Lets not forget luxottica
@juliuszsowa1346
@juliuszsowa1346 5 жыл бұрын
People have no idea about it, and how it controls glases market.
@SoCalWatchReviews
@SoCalWatchReviews 5 жыл бұрын
Great video my man!
@azizhusseinz2083
@azizhusseinz2083 5 жыл бұрын
If Rolex finally buy Patek, would it be the most powerful watch company?
@pauljanmaatdoor
@pauljanmaatdoor 5 жыл бұрын
Why mention Kering Group while leaving out Chanel? Chanel owns Bell & Ross; Romain Gauthier, 20% of FP Journe, 20% of Kenissi (movements) and of course Chanel Watches.
@drwindsurf
@drwindsurf 5 жыл бұрын
I really liked the new intro John. Interesting discussion. Thank you :)
@iangrant8024
@iangrant8024 5 жыл бұрын
Well at least they don't own vostok! 🙈
@JohnPWatches
@JohnPWatches 5 жыл бұрын
Vostok owns its' wearer.
@iangrant8024
@iangrant8024 5 жыл бұрын
You said it!
@TennesseeMike
@TennesseeMike 5 жыл бұрын
Good content. Love the inside stuff.
@JohnPWatches
@JohnPWatches 5 жыл бұрын
Thanks mike !
@aleximd9244
@aleximd9244 5 жыл бұрын
John, please pronounce Glass and Huette. It is not sh like short it is only s followed by hutte. the rest of the comment is perfect, Alex
@jaygenz46
@jaygenz46 5 жыл бұрын
Nice job John!
@JohnPWatches
@JohnPWatches 5 жыл бұрын
Thanks jay!
@bubbab7792
@bubbab7792 5 жыл бұрын
Good vid JP.... Quite the monopoly some of these Corporations have. LVMH seems more about the money over the others. Customer service. 🤔🤔🤔
@scottsj4625
@scottsj4625 5 жыл бұрын
I have heard of the Swatch Group and Richemont. Not the others. They just keep gobbling up the small guys and less competition. I remember when Ford was buying other automakers like Jags, Volvo, LandRover and a few more, but they almost went out of business and sell them off to be profitable. I have a feeling these huge watch companies will do the same as some of the brands are sinking badly. BTW, who owns Breitling? Or are they independent?
@seth_5394
@seth_5394 5 жыл бұрын
Look into Luxotica. Damn near textbook monopoly.
@Gigipreppy2012
@Gigipreppy2012 5 жыл бұрын
What would be interesting to know, is how independently they operate Buying a brand isn’t the same as buying a company and retaining its assets including the people within the company. Without more information it seems like this is oversimplified Like all these companies are exactly the same because they are under one holding company
@JohnPWatches
@JohnPWatches 5 жыл бұрын
This is what I wanted to say, but I never did :) interesting
@Makul-rt4sz
@Makul-rt4sz 5 жыл бұрын
great topic!
@pedrosaenz2800
@pedrosaenz2800 5 жыл бұрын
If it wouldn't have been for the big watch brands groups, the brands would have disapeared. The brand survived thanks to the support of bigger holdings. Swatch made the industry to suvive quatz crisis....anyway this what has hapened. Most indepenfent "german" brands use either Eta, Miyota, Ronda or Selita movements... Keep enjoying the watch industry. 😀
@tods.9947
@tods.9947 5 жыл бұрын
Yes, the car industry and aerospace and defense firms did something similar in the 1980s.
@snoworder
@snoworder 5 жыл бұрын
please make the next video about some independent watchmakers if any. P.s. ask Hans how to pronounciate Glashütte :)
@JohnPWatches
@JohnPWatches 5 жыл бұрын
Glayshooooooot.
@phantpwr
@phantpwr 2 жыл бұрын
Nice to see/hear someone pronounce “jewelry” correctly. Even the voice over actors on jewelry store ads say it wrong, and it’s their profession.
@robin2thek
@robin2thek 5 жыл бұрын
Also watchfinder give a warranty on used watches.
@JohnPWatches
@JohnPWatches 5 жыл бұрын
So does DelrayWatch.com
@robin2thek
@robin2thek 5 жыл бұрын
@@JohnPWatches nice intro btw :)
@jefferyneu3915
@jefferyneu3915 5 жыл бұрын
I was completely unaware. I think it is a masterful business plan for them and very disturbing for watch collectors. 😨
@JohnPWatches
@JohnPWatches 5 жыл бұрын
Hahaha yes
@The_Maine_Card_Guy
@The_Maine_Card_Guy 5 жыл бұрын
I'm rather curious of you will eventually see watch leasing and "certified pre owned" watches. It seems like the market is going in that direction, as it would maximize profits.
@mikediemer8398
@mikediemer8398 5 жыл бұрын
Buy ORIS! Great Quality/Great Price
@roybaker6970
@roybaker6970 5 жыл бұрын
Which group owns Oris?
@mikediemer8398
@mikediemer8398 5 жыл бұрын
@@roybaker6970 Independent
@tomfaranda
@tomfaranda 5 жыл бұрын
So buy the stocks.
@mtbone4945
@mtbone4945 5 жыл бұрын
You left out ROWLECKS! FMD
@rickythomson808
@rickythomson808 2 жыл бұрын
Watchfinder are way overpriced.
@santosornelas3982
@santosornelas3982 5 жыл бұрын
Another reason Rolex is king
@swabby429
@swabby429 5 жыл бұрын
This is quite depressing.
@rayquintanilla614
@rayquintanilla614 5 жыл бұрын
Way to open yourself up to the Illuminati John!
@jamiesavery1973
@jamiesavery1973 5 жыл бұрын
Bloody chow again come on dude lmao great content there greedy bast---ds lol
@syndicatedsatellite7288
@syndicatedsatellite7288 5 жыл бұрын
Interesting video... Just start looking in China and one will know where all the watches and parts are going.
@scottallan3327
@scottallan3327 5 жыл бұрын
😂
@carlomarzot9654
@carlomarzot9654 5 жыл бұрын
What’s with the laugh......
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