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The A. Lange & Söhne example perfectly captures what separates Richemont from other conglomerates that treat acquisitions like asset portfolios. Your authenticity engine framework explains why some Richemont brands like Jaeger LeCoultre and Cartier maintain cultural relevance while others in diferent groups fade into irrelevance despite massive marketing budgets. The tension you identify between cultivated authenticity and genuine authenticity is exactly what Richemont navigates better than most, letting each maison operate according to its own principls rather than imposing group mandates. This approach costs them short term efficiency but builds the kind of brand equity that compounds over decades.

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