How Rolex spends our money!
How Rolex spends our money!
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Discussion

x5x3

Original Poster:

2,437 posts

284 months

Wednesday 26th October 2011
quotequote all
"The principal focus of the foundation is to support a variety of philanthropic endeavors"

full article here - http://www.slate.com/articles/business/branded/201...

discuss!

Dominic H

3,289 posts

263 months

Wednesday 26th October 2011
quotequote all
They could be a little more philanthropic, and stop hiking the prices every five mins. Just a thought... whistle

x5x3

Original Poster:

2,437 posts

284 months

Wednesday 26th October 2011
quotequote all
very true! would be interesting to see the types of groups/companies/charities they do support with our money!

RemainAllHoof

80,160 posts

313 months

Wednesday 26th October 2011
quotequote all
I wouldn't have thought it mattered whether they gave all their profit to Indian orphans or Polish hookers... or just used it for fuel in an open fire. What a private company does with its money is between them and perhaps their share/stakeholders, not their customers.

And it wouldn't change my decision over whether I bought a watch from them or a rival company.

x5x3

Original Poster:

2,437 posts

284 months

Wednesday 26th October 2011
quotequote all
RemainAllHoof said:
I wouldn't have thought it mattered whether they gave all their profit to Indian orphans or Polish hookers... or just used it for fuel in an open fire. What a private company does with its money is between them and perhaps their share/stakeholders, not their customers.

And it wouldn't change my decision over whether I bought a watch from them or a rival company.
agreed but it makes them a little different to the other "premium" brands out there does it not? Maybe there are other companies with similar goals?

T_Pot

2,542 posts

228 months

Wednesday 26th October 2011
quotequote all
if its still your money, is it still their watch?

x5x3

Original Poster:

2,437 posts

284 months

Wednesday 26th October 2011
quotequote all
T_Pot said:
if its still your money, is it still their watch?
i'm pretty close to giving up on this site - why can't people just comment on the topic - why do they have to try to be such a smartass?

tuffer

9,019 posts

298 months

Wednesday 26th October 2011
quotequote all
So long as they keep spending some with me I'm happy wink