| ▲ | altacc 2 hours ago | |||||||||||||||||||||||||
The site lists "Approved" companies that have not been enshittified by private equity. What springs to mind for me are scissor manufacturers Ernest Wright and Whiteley. They maintained quality, relied on expert workers and aim to keep high quality staff for their career and hire people to learn manual skills. The result of this is high prices and waitlists for many of their products, which is the exact opposite of what private equity and conglomerates want. Another interesting example from the UK is Howies. They were bought by Timberland, which then in succession got bought by VF, a big US conglomerate. The Howies brand was small and insignificant globally so the management of Howies were allowed to buy the company back and it continues as a niche Private equity companies exist in a range of sizes, some buying big multinational brands and others buying small local brands. It's a omnivorous predator and it's down to the owners of companies to resist the temptation of money. | ||||||||||||||||||||||||||
| ▲ | jghn 2 hours ago | parent | next [-] | |||||||||||||||||||||||||
It's difficult to keep track over time, however. Brands will build up a reputation as being the one that's actually good for a particular product, and then for one reason or another reduce in quality while relying on their brand history. And it can take a long time for that word of mouth reputation to die off. The effect is bolstered by people who own older generations of the product citing longevity. An example that comes to mind is Speed Queen for laundry machines. People in the know now look for *used* Speed Queen machines, but casual searches will still turn up the old reputation. | ||||||||||||||||||||||||||
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| ▲ | AnimalMuppet an hour ago | parent | prev | next [-] | |||||||||||||||||||||||||
Why would private equity not want high prices and a wait list? That's guaranteed future sales at high margin. Sounds pretty good to me... | ||||||||||||||||||||||||||
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| ▲ | lotsofpulp 2 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||
>The result of this is high prices and waitlists for many of their products, which is the exact opposite of what private equity and conglomerates want. Sounds like the opposite of what buyers want. | ||||||||||||||||||||||||||
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| ▲ | FinnLobsien 2 hours ago | parent | prev [-] | |||||||||||||||||||||||||
Yeah it's quite interesting how most of the decline of great brands came as a result of ownership changes, not complacency on part of the owner/founder. I've actually found AI a great resource for finding brands that offer great value for money by buying from obscure factories/brands with the same quality attributes as major brands, but without all the marketing spend and brand margin to subsidize. | ||||||||||||||||||||||||||
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