Omid
Well-known member
The decision was very difficult, especially as we have to disappoint many customers who now need to wait for another year. Sorry for that. But this decision had to be taken to follow our principles. To offer highest quality in each single product leaving the factory is part of our philosophy and strategy.
... another reason for that quite long delay is, that we don't want to deliver just a few 100 pieces to customers (as assumed by Arran from Belgium). We want to guarantee a smooth launch with short shipping times to all our dealers and customers worldwide.
It is wonderful that a representative from Sowarovski has taken the effort to respond to the concerns posted here in this forum. I'd personally thank Mr. Pittl for providing the official Swarovski comment above. However, I'd still find it hard to buy the "manufacturing issue" argument.
If we re-write Mr. Pittle's comment in mp3 format, it boils down to this:
"There was a huge market for these new EL's. We din't feel right to ship just a few hundred and make the rest wait. So we decided to stop shipping all together and make everybody wait!"
To me, this is a rather lame excuse. There is always a "waiting list" when a new Ferrari model is introduced. Have you have ever heard Ferrari or Aston Martin postponing the production a new model because they could not keep up with the demand?!! The very existence of such waiting periods enhances the image of luxury products so sometimes they are created artificially by deliberately slowing down the sales.
I think the suspicions regarding the banking crisis are entirely credible. Without a reasonable-interest loan it would not be possible to manufacture these items profitably. It is also very clear that in the current economic situation there is no market for a $3000 binocular which "might be" marginally better than the current $1800 models. Such grossly overpriced status symbol would have been highly welcome by the Lehman Brothers' Bird Watchers Club a few months ago but alas...
All the same Swarovsky is very respectable company and their decision to defer the lunch of the new ELs is a perfectly sound business decision. What we see here is how a perfectly stable and well-managed company is being damaged by the combination of a highly-integrated world economy plus one region of that economy being (criminally?) mismanaged.
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