David Rosenthal: belief

Transcript context

…As long as we don't put our foot on that pedal too hard and devalue the whole thing. then this is basically a 100% gross margin money found that points at our company. Yes, and it works really well for a long time. Ultimately, the Dior label would get licensed to hundreds of third parties. I believe neckties were the first, but women's hosiery, hats, gloves, handbags, you name it, there was a Dior license label out there. Thousands of products manufactured everywhere in the world at every different level of quality, very few of which were actually created by Christian Dior or the Boussac company themselves.…

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