Well said. All anyone has to do is go back and look at my old posts in the Louboutin thread. It was never, at least for me, about the get, it was about the hunt.Knowing that Chanel owners’ wealth reaches $90 billion thanks to a $5-billion dividend last year while all of us who have contributed to that windfall are getting subpar, cost-cutting quality makes me sick to my stomach. It’s not even a love-hate relationship, it’s more like being in an abusive relationship knowingly but chose to stay on. However we are not helpless victims. Our choices and how we spent our money will speak volume from now on. If we can’t then we should be asking ‘has it gotten to be a form of addiction’? An addiction that is vulgar and self-destructive, considering the anguish, frustrations or anxiety our purchases have brought us.
I have chosen to move on. I have learnt to appreciate other finer things in life that do not have to come with a big price-tag. Thank you Chanel for making me realise that.
Shopping, as I’m sure several people in the thread will agree that it is a form of addiction. There’s a reason that there is a medical term called compulsive buying disorder. The meetings are called shopper’s anonymous. Companies like Chanel encourage that addictive behavior. It’s really no different than an addiction to anything that you think makes you feel good when in reality, it’s highly destructive.
I knew as a long time client of Chanel that their quality had progressively gotten worse as their prices rose but, the amount of money the Wertheimers took out of the company this year shows how badly we’ve all been duped.
Please let’s not forget that Chanel is owned by VCs who’s portfolio is mostly healthcare & biotech.
Alas, as long as people continue to attempt to buy status or the appearance of wealth when they really have neither, Chanel will continue to raise prices and quality will continue to decline. If anyone thinks that they have even a passing thought toward one word said about the brand on here, I hate to be the bearer of bad news. Any statement saying that TPF or any other platform has received any kind of warning letter or blah blah blah about threads like this, it’s just not true.
Carry on