"right balance between exclusivity and popularity to remain profitable."
"Mr. Brücker urged his students to say “value” rather than “price” and to sell “romance” rather than “products.” Benoit de Clerck, president of IWC North America, and Frederick Martel, the company’s marketing director, scribbled notes and peppered him with questions alongside their salespeople."
The Boston Consulting Group
"Some units in Japan, for example, are only large enough to display about 30 percent of Balenciaga’s collections, whereas Guichot’s goal is to “illustrate the brand fully” in as many locations as possible."