RAMROD 116,994 Posted March 17, 2020 Share Posted March 17, 2020 Perfume giant, LVMH, announced today that it is converting three of its perfume manufacturing facilities where it normally makes fragrances for its Christian Dior, Givenchy and Guerlain brands to make hand sanitizer instead. The first deliveries will be tomorrow and by the end of the first week, LVMH expects to have made 12 tons of the hydroalcoholic gel. The product will be given at no charge to French authorities and the largest hospital system in Europe. LVMH is accomplishing several things with this move. It is, of course, responding to a shortage of hand sanitizer. But more than that, it is positioning itself to its consumers and its employees as doing what’s in the public interest. It is also justifying having its factories remain open and keeping its employees coming to work. All of those things make the company more purposeful and less commercial. What’s so interesting about LVMH’s move is how quickly they are doing it and their understanding of what luxury means right now. Luxury used to be providing the highest quality products—now it means that and more. A true luxury business has to fill consumers’ needs at the highest level and by converting to hand sanitizer manufacturing, LVMH is doing just that. It’s also interesting that LVMH did not present its switchover as producing its own branded hand sanitizer. There’s no indication that the hand sanitizer it is producing will be for one of its brands; it appears to be no-named. It’s counter to the idea that everything produced at the company is a luxurious product for high-end consumers. It’s highly flexible thinking that allows management to act in this way. Full articles at SOURCES: https://www.forbes.com/sites/richardkestenbaum/2020/03/15/lvmh-converting-its-perfume-factories-to-make-hand-sanitizer/#7843e3e54a9a https://www.vogue.com/article/lvmh-to-produce-hand-sanitizer-coronavirus https://www.refinery29.com/en-us/2020/03/9561143/lvmh-hand-sanitizer-coronavirus https://www.theguardian.com/world/2020/mar/15/perfume-giant-lvmh-to-make-hand-sanitiser-to-give-to-french-hospitals Everyone is coming together! I applaud this move tbh (ノ◕ヮ◕)ノ✧*:・゚ ᶠʳᵒⁿᵗ ᵗᵒʷᵃʳᵈ ᵉⁿᵉᵐʸ (*´艸`*) ♡♡♡ Link to post Share on other sites More sharing options...
weed 78,870 Posted March 17, 2020 Share Posted March 17, 2020 that's a really great decision! many companies will lose money regardless during this time, might as well make as positive of an impact as you can which will help it become less horrible anyways Link to post Share on other sites More sharing options...
RAMROD 116,994 Posted March 17, 2020 Author Share Posted March 17, 2020 11 minutes ago, weed said: that's a really great decision! many companies will lose money regardless during this time, might as well make as positive of an impact as you can which will help it become less horrible anyways So true. More companies need to get moving!! (ノ◕ヮ◕)ノ✧*:・゚ ᶠʳᵒⁿᵗ ᵗᵒʷᵃʳᵈ ᵉⁿᵉᵐʸ (*´艸`*) ♡♡♡ Link to post Share on other sites More sharing options...
misunderstood 8,736 Posted March 17, 2020 Share Posted March 17, 2020 Imma be drinking that yummy perfume "I'd rather be poor and happy, than rich and alone" Link to post Share on other sites More sharing options...
calmar 22,766 Posted March 17, 2020 Share Posted March 17, 2020 Is it going to be anti-viral sanitizer as opposed to antibacterial? Otherwise, well... Link to post Share on other sites More sharing options...
hankhatesyouall 2,731 Posted March 17, 2020 Share Posted March 17, 2020 But I thought billionaires and corporations were evil? Link to post Share on other sites More sharing options...
Guillaume Hamon 6,981 Posted March 17, 2020 Share Posted March 17, 2020 1 hour ago, hankhatesyouall said: But I thought billionaires and corporations were evil? Actually nobody believe they're all evil except maybe a super tiny fraction of angry folks of Twitter. Link to post Share on other sites More sharing options...
Featured Posts
Archived
This topic is now archived and is closed to further replies.