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I dont think being publically traded has anything to do with it Gucci is publically traded an they dont have those problems so is Louis Vuitton,Dior,Fendi (LVMH) an they are whoring themselves so being public or private doesnt matter they all have ppl who run that stuff in the corporation
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Those are conglomerates buddy. Their subsidiaries, like LV for instance, almost certainly have the majority say in marketing strategies and distribution of their particular brand.
Seriously, flip on CNBC every now and then and watch CEO after CEO after CEO of these independent companies begging you to buy their stock, trying to convince you of the drastic measures they are taking to increase quarterly profits and long-term stock performance etc...
If you follow the financial markets, you know there is often huge differences in the way publicly traded companies are operated vs. the way private, often time family owned (like Diesel) ones are. Going public has been a great boost for many companies, but the quality control and ethics go flushing right down the toilet of many, if not most, others...





