• nova_ad_vitum@lemmy.ca
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    23 hours ago

    Any business that gains a reputation for quality will immediately come under attack (yes it’s an attack) from vultures private equity seeking to buy it up for the rep, cut as many costs as possible until the product is ruined, coast on reputation alone for as long as possible, and then when the reputation is ruined sell it for parts. Very few brands manage to actually resist this in the long term.