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Luxury brands looking to save costs by going straight to raw materials

Monday Jun 15, 2009

At the Market Research Bulletin, they look at what some of the luxury brands are doing to to cut costs and find smarter places to source their goods and labor.  In an effort to manage costs better, raw materials have become a part of the company’s supply chain.  For example, Hermes now owns several crocodile farms in Australia, and Adler goes directly to Peru, Vietnam and China for their textile and pottery needs.  Find out more at Market Research Bulletin.

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