Why Jimmy Choo, Michael Kors, Versace, Kate Spade Are Suddenly One Company

Подписаться 3,5 млн

Просмотров 265 тыс.

50% 1

Rising rates, sticky inflation and the prospect of slowing consumer spending have sparked a flurry of deals in the fashion industry as companies look to mergers and acquisitions for growth. The trend of fashion consolidation among U.S.-based brands is mirroring the pattern of LVMH in Europe, a mega fashion brand that has aggressively expanded via acquisitions.
Watch the video above to learn more about the trends fueling fashion's merger mania.
Producer, shot, and edited by: Kate Sammer
Supervising Producer: Jeff Morganteen
Additional camera: DeLon Thorton, Sean Conolon, Brad Howard
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
#CNBC
Why Jimmy Choo, Michael Kors, Versace, Kate Spade Are Suddenly One Company

Опубликовано:

1 ноя 2023

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 230

@goldsilverandiamonds 6 месяцев назад

Mass produced mega corporate "luxury" is not luxury.

@JINGLI-sf7tz 6 месяцев назад

Better words for this is artificial scarcity.

@alotofmore 6 месяцев назад

Valid. “The allure of being small and unique” really hit home for me.

@r3dp1ll 6 месяцев назад

@@JINGLI-sf7tz and heavy / precise marketing

@lenaely6146 6 месяцев назад

🎯. Exactly. People have no idea anymore. They're just following the media hype.

@Chicago48 6 месяцев назад

Knockoffs are taking away the Luxury reputation.

@Striker50_ 6 месяцев назад

LITERALLY everything is owned by LVMH at this point... No thanks to all these brands

@walterbernstein2011 6 месяцев назад

Kering shouldn’t be slept on. They’ve been a thorn in a lot of fashion houses side

@RayNLA 6 месяцев назад

Check out Loewe!

@lenaely6146 6 месяцев назад

🎯

@lenaely6146 6 месяцев назад

@@walterbernstein2011🎯

@Towelie- 6 месяцев назад

It’s not just LVMH. They literally mentioned the major ones, LVMH, Kering, Richemont and now Tapestry.

@dianamechoulam4161 5 месяцев назад

It’s not exclusive anymore. People used to buy it because of individuality and originality. And now it’s faceless and even the quality is questionable. The real lux of these days is to be yourself.

@ItsFreakinJesus 6 месяцев назад

Or, maybe we should stop thinking infinite growth is possible and then none of these companies would feel the need to merge as long as their niches remain healthy.

@thunderfire741 6 месяцев назад

Unfortunately this is an underlying business/account assumption that continued growth is always expected. Further, stock markets are forward looking, meaning any change in tragectory will hurt stock prices and increase cost of capital amoung other negatives.

@cloudcyclone 6 месяцев назад

totally, companies only afloat from constant cash injections from investors, rising stocks, or survival off loans alone, and then expecting growth every year, is pure insanity to me. Stock and shareholders are the reason [i think] that these crazy expectations exist that every company needs to delivery growing numbers every year, why? only to effect stocks, which at the end of the day does not matter in reality. Stocks are gambling, and those who risk their excess money gambling should NOT determine what companies accomplish or measure as success. Companies need to get back to serving customers and humanity, not the rich who gamble in the market.

@kushpatel8199 6 месяцев назад

Buffett would be horrified

@vijaz5559 6 месяцев назад

this is a loser mentality 🤣🤣🤣

@GameFuMaster 6 месяцев назад

infinite growth is possible and necessary, simply because of inflation. I doubt you'd be happy earning the average 1960 salary (without adjustment)

@crimsontranquility 5 месяцев назад

Honestly, respect to Hermes and Chanel for staying privately owned and independent. Says a lot that they’re considered the top 2 luxury fashion brands and aren’t part of a conglomerate.

@Yarmox 5 месяцев назад

But all these brands look almost the same. Just a different logo on them.

@paulbonifacio901 5 месяцев назад

I think prada is still privately owned, and not aren’t part of a conglomerate

@leonardos2925 3 месяца назад

Agree with you.

@imjody 6 месяцев назад

Pretty soon every company in every sector will have its own "Big 3" corporations that own the hundreds, or even thousands of smaller companies and/or brands. It's actually a disgrace. I wish companies wouldn't sell out, so that they can keep on their exact desired path, rather than having to listen to new board members and owners under an umbrella.

@thomasmoll8822 6 месяцев назад

Astonishing that CNBC seems to ignore the difference between the fashion and the luxury concepts and uses both like synonyms 🤔

@Whatnok 5 месяцев назад

Exactly

@zeeshanzia6364 6 месяцев назад

Used to have a ton of them and now I have realised it’s literally not worth it In fact mid level company like Levi’s Nike make better apparel rather than Louis Vuitton coach and stuff It’s not worth it spending on luxury brands at this point

@eddieg6436 6 месяцев назад

The QUALITY of items at Versace (hard rubber accessories, silicone medusas, cheap looking shoes) has gone down considerably since the merger. It’s sad. Versace used to be of the highest quality. I no longer shop there. 🤔🤷🏼‍♂️🤔🤷🏼‍♂️

@IkaneishaJenkins 5 месяцев назад

Agreed!

@philiplieu3889 4 месяца назад

Versace is starting to give me unnecessary flashy Ed Hardy vibes

@eddieg6436 4 месяца назад

@@philiplieu3889 …..their prices, (and quality) are going down.

@JTSunriseMusic 6 месяцев назад

Fashion is pointless but is what corporations do, consolidate and put people out of work

@SnappyWasHere 6 месяцев назад

The dystopian monopoly future of the USA worries me. We’ll end up with each industry being just one country and we’ll be back to the days of kings and paupers and only have what they allow us to have. 😢😢

@mr.188 6 месяцев назад

Its called Corpocracy or something. The book, "Cloud Atlas" (what the movie is based on) had chapters on this. The original book before the movie came out. But yea, corporations rule the world & you are raised depending on where you are born, into the culture & indoctrination to be a corporate worker. Parents, grandparents, etc. to serve the Consumer class.

@alexfleming6304 6 месяцев назад

Thats the Plan. Wiping out small business and making a cookie cutter society.

@RarebitFiends 6 месяцев назад

Future? You mean now?

@SnappyWasHere 6 месяцев назад

@@RarebitFiends So true. 😕

@cloudcyclone 6 месяцев назад

yes constant growth in a company is generally not possible forever, yet publicly traded corps have to serve shareholders above all else, above the customer, above humanity. But stocks are a gambling system and not reality, so of course the gamed system is not compatible with real life economies and actual people. So these guys are scared to lose the game, even though if they didnt have to play the game they would be perfectly fine for decades...

@user-ys8ew2rd4p 6 месяцев назад

Indulging in luxury works in moderation but belies insecurity, addiction and narcissism for many trapped by materialism and social media. Serves them right

@ericmax978 6 месяцев назад

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly😊

@Brigh578 6 месяцев назад

This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this, are you a pro investor?

@ericmax978 6 месяцев назад

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $508k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choi

@ericmax978 6 месяцев назад

The adviser I'm in touch with is *CAROLINA MELINA PHERSON* she works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me she strategy works hence my result. She provides entry and exit point for the securities I focus on.

@swahareddy8822 5 месяцев назад

Wow, these bots have begun to talk to each other now

@curlyhairdudeify 4 месяца назад

This is an "investment scam" thread.

@amazon4716 6 месяцев назад

So coach owns everything. Wow.

@Vitagirl 4 месяца назад

So funny that so few know this!! We are conditioned to think that these are stand alone brands and even compare the quality!! Branding is insane

@willcookmakeup 5 месяцев назад

Kinda sad how there aren't mom and pop little boutique shops that make all their own clothes

@KaleighMacKay 6 месяцев назад

Paying a months or more rent for a purse is stupid. It’s made in the same factories as the cheap ones.

@qwenqwen1476 3 месяца назад

Some purses are a price of a house! But I guess a plastic bag or small brown bag would do too.

@leonardos2925 3 месяца назад

Here is where rightists and leftists agree, Republicans and Democrats, capitalists and socialists... LOL. Don't let them rip you off, these brands are treating their costumers like fools, don't be one of them: even if it is cheap for you.

@franciscoramirez7960 6 месяцев назад

This massive consolidation is the end of capitalism. The result will be a monopoly where a single company controls the price of a specific sector, but the average consumer will be unaware. The lack of real competition will result in high prices but a reduction in quality. The high prices we see around us are not a result of inflation but consolidation in other sectors. For example, Nestle owns over 2k companies worldwide, which the consumer thinks are competing for your dollar, but are not because they are buddies. As the consumer, regardless of which brand you choose, your dollar will end up in the same bank account. Nestle has no incentive to lower prices. The same thing is happening in fashion now…

@aaronjanlistanco 6 месяцев назад

The French have LVMH and Americans have Tapestry/Capri Holdings

@JF238xCreatingABetterFuture 6 месяцев назад

Eventually in due time…LV will buy out this luxury brand 💯🤷🏻‍♂️

@kaylaEA_ 6 месяцев назад

I hope not, their quality sucks compared to Coach.

@AntonioLawrence-jj4vj 6 месяцев назад

Great reporting, editing and commentary.

@andresbonelli1826 6 месяцев назад

A monopoly in styles and design choices is also a way of increasing profit (+ production and transportation infrastructure advantages)

@ronjr831 6 месяцев назад

I think the luxury industry is going to grow. The rich and newly created rich will want more of the finer things in life. They will settle for nothing less !

@Chicago48 6 месяцев назад

There are toooo many knockoffs and look alikes. Women don't care about luxury purses anymore.

@fashionwithoutlabels 5 месяцев назад

You are delushional

@kafenadedmusic 5 месяцев назад

I agree. Luxury is never going away. Look at history.

@user-mt3np7ko8q 6 месяцев назад

There are so many conglumerates merging brands and pushing out new brands. Different brands differentiate consummers or exploit the market deeply even more.

@greyfox3931 5 месяцев назад

Love the style of the video and the soothing music

@santamariamarvy 6 месяцев назад

For me luxury is true rarity. Not induced rarity. True rarity. Jacket made of glow worm silk. Albino crow feather hat. That type of rarity.

@leoprg5330 6 месяцев назад

Yeah, or glow in a dark coat from a whale with buttons from stones found on a moon sawn together with a thread made by blind nuns in a convent in Greece!

@SimplySheilaB 6 месяцев назад

@@leoprg5330oooooo I’ve got one, the quality is beyond measure 😂❤❤

@humantravesty4603 5 месяцев назад

The illusion of luxury…

@ruzzelladrian907 6 месяцев назад

Good. Because LVMH shouldn’t be the only conglomerate around. There’s Kering, which was also born out of necessity as LVMH wanted to buy Gucci. So, to shield Gucci from the threat of LVMH, they created Kering.

@weareorigin 6 месяцев назад

Size matters. A mom and pop grocery cannot compete with Walmart. A small salon has no chance against a salon with 7 times more employees

@trainwreck420ish 5 месяцев назад

Sometimes. But if you live in a big enough market, you can carve out a nice niche if you're good.

@q3itachyon209 6 месяцев назад

I'm not going to buy any of those over-priced items, thank you

@stargazeronesixseven 6 месяцев назад

They are under One Company?! 😮

@JINGLI-sf7tz 6 месяцев назад

Buying luxury is a wired competition in which one wins the vanity by shopping exorbitant manufacture productions.

@di5833 6 месяцев назад

✨✨✨Yeah well… what if the company gets cancelled and down goes the designers completely. Can the hate just please stop. Kate Spade you will always be in our memories. ✨✨✨

@phoenix5054 6 месяцев назад

I'm still waiting for when Richemont or LVMH acquires Swatch.

@mistermood4164 6 месяцев назад

its bound to happen

@thomasmoll8822 6 месяцев назад

No it’s not… Richemont doesn’t need more watch brands AND has already proven its incapability to manage entry-level luxury ones.

@tsukuneboy 4 месяца назад

They shoukd name it Choo, Kors, Spade and associates

@user-sn2oq4qt7b 6 месяцев назад

All this brand are not luxury brand in my opinion. Retail brand, brand u see in department store section of a mall. People who will buy MK o kate spade are those who cant affford small LV purse thats why theres coach for u

@terrence2309 6 месяцев назад

s t f. u very arrogant

@kauigirl808 6 месяцев назад

Kate Spade is super affordable. I love the styles the brand offers.

@mamastay164 5 месяцев назад

I don't need that expensive stuff. I'm living life and spending time with friends and family. I truly believe the end of the world has begun.

@j.frankparnell6195 6 месяцев назад

It's called monopolization, and it seems to be legal now.

@cybercraft5393 6 месяцев назад

I guess partly because it's not something essential it doesn't matter if it's allowed to happen. Not saying that it's good at all, except for shareholders.

@LaplacianFourier 6 месяцев назад

Illusion of choice.

@kallemueller3194 5 месяцев назад

I think these brands have not been performing well in recent years, this is why they had to merge or get taken over. The luxury industry looks like it is hihgly profitable, this is only true though for the top performers in the industry. That does not necessarily mean you have to be big, look at Moncler for example, compared to LVMH they are small, but highly desired and therefore profitable.

@walterbernstein2011 6 месяцев назад

Nobody wants American luxury brands. They’re like the Donald Trump of fashion houses.

@divyanshrai4017 6 месяцев назад

Most of it manufactured in india

@alotofmore 6 месяцев назад

China, Bangladesh, and Portugal.

@MuiKaHo 6 месяцев назад

@@alotofmore turkey and vietnam too. China is slowly dying out since its getting expensive.

@rahimi4762 6 месяцев назад

Handcrafted. Sorry

@DhrubajyotiRaja01 6 месяцев назад

*Nope, it is not. Atleast not Leather Bags, Luxury Jewellery, Luxury Watches or Luxury Cosmetics and fragrances.*

@saulgoodman2018 6 месяцев назад

And so?

@meancookie89 5 месяцев назад

Let’s be honest a lot of designer stores aren’t making bank !!!!

@Iquey 6 месяцев назад

At this point i would rather but still cool from an artist on Etsy who I know is a human artist and not a drop shipper

@Mr_CAM0 6 месяцев назад

Because all these brands have one mission? Make more money. Using 3rd world kids to make overpriced clothes.

@rahimi4762 6 месяцев назад

Nope. Some are handcrafted. You talking bout cheap disposable clothes. THE STUFF YOU WEAR

@Mr_CAM0 6 месяцев назад

@@rahimi4762 course that name you are clearly Indian. So I don't expect much from you past trying to convince me your name is Jake and my warranty is about to expire.

@turquesa_8056 5 месяцев назад

You would have to make your own items to ensure they weren't done that way.

@aaronjanlistanco 6 месяцев назад

I was shocked that Tapestry was buying Capri Holdings.. which Capri Holdings have the most luxury for the consumers because Capri Holdings have Jimmy Choo, Versace & Michael Kors.. against Tapestry only have Kate Spade New York, Coach & Stuart Weitzman which less selling brands.. which still no updates about that even in each websites of Tapestry or the Capri Holdings yet

@rob6008 6 месяцев назад

Cheap not selling less in my opinion I’m from the hood

@danielzhang1916 6 месяцев назад

Everyone is buying the other ones, small brands can't survive on their own anymore, the market isn't like 20 years ago

@TheSouthernMensch 6 месяцев назад

They all weren’t making money.

@amb8354 5 месяцев назад

When I see beautiful thing to me, It's beautiful in my eyes, doesn't matter the brand. Well that's me 😊 buy things that makes you happy.

@ningsaetiew2359 6 месяцев назад

In Southeast Asia,it's popular, people're insane to buy these brands more and more.

@w.urlitzer1869 5 месяцев назад

luxury in this sense is dead.

@3marianrosariodiazhdz3 5 месяцев назад

Well I Wish Model @Beautiful Fashion CAPRI!! ❤😊

@greendsnow 5 месяцев назад

1:12 This is Andrea Sachs in a parallel universe where she decided to stay with Miranda Priestly and the movie kept going...

@babarfahim6859 6 месяцев назад

one body share blood among different organs ... money bucket (expenses, profits, research) can be shared (depending on how gov rules apply) for future progress. (Beggars prioritize money)

@user-bj2zs9qp9g 6 месяцев назад

Nice

@janesung819 5 месяцев назад

But I only love coach,the hole history!

@curlyhairdudeify 4 месяца назад

One you grow out of it. You realize the waste of money that they actually are. But for the most part. Nothing beats Coach's glove tanned leather. I bought a LV "gym" bag; I was expecting so much more it was a super thin cotton canvas. I imagined that their bags were lined, but they are not. Then, the vaccheta leather started cracking. And that was it for the "luxury" sector. I bought a Coach weekender bag; solid and sturdy glove tanned leather, heavy nylon lining, thick coated canvas. The quality is much better.

@ericB3444 5 месяцев назад

They should combine target and Lululemon because they both have red in the label. They both sell rice they both sell pant.

@FineNaturalHairROCKS 4 месяца назад

Interesting. I'll be keeping my dollars in my pocket on a going-forward basis.

@aaronjanlistanco 6 месяцев назад

same as the film production merger..

@Commentname1 6 месяцев назад

Great

@NamNguyen-kc6ud 4 месяца назад

There are two types of consumers. The first one only knows about buying luxuries. The others love fashion. Versace is not a clothes company! It's style, trend, fashion house. So as long as Donatella still be the chef of Versace. I don't think its value going down anywhere.

@kxmode 6 месяцев назад

If everyone is special then no one is special.

@bonwatcher 5 месяцев назад

When you can markup your items 15 to 50 times the cost of producing it, it's called printing money and in leather goods that is probably a very conservative figure.

@niamarieturek9281 5 месяцев назад

I hear a lot of people aren’t buying luxury because the quality has gone down. I don’t see the need to spend money on things went I’m happy saving for retirement!

@Shh007 5 месяцев назад

All my Chinese bags say Made in France 🇫🇷 and I didn’t have to pay thousands

@shereemorgan1430 5 месяцев назад

Unless the economy changes luxury brands are going to suffer.

@OS1540 6 месяцев назад

Yes, growth through M&A until we have monopolies and govt and SEC tries to break them up

@user-sn2oq4qt7b 6 месяцев назад

When i heard that they need to create a illusion that ur small? well compared to LVMH yes u r small u dont have to create illusion

@luksdoc 6 месяцев назад

Women will never stop buying beautiful handbags and shoes. Newly rich men will always splash some money on their chicks to secure them and show their power. Instagram further fuels this. Long story short - I'm very bullish!

@Czechbound 6 месяцев назад

Have you looked at American brands like Polo, Gant, Nautica etc, I challenge anyone to look at an undated photo of one of their store offerings and know what year it came from. Their stuff hasn't changed in 20 years. Why would any fashion conscious European or Asian person be bothered with those brands ...

@leoprg5330 6 месяцев назад

Actually both Gant and Polo are very popular in Europe. What's bad about not changing in 20 years? (Yes, they are evolving slightly) I don't need to change my wardrobe every year, there are more important things in life than following fads.

@Czechbound 6 месяцев назад

@@leoprg5330 polo are popular as their stores are usually anchor tenants in outlet malls in Europe. When was the last time most people saw a Gant logo ? Their shops are in lots of European malls, and no, there is never any customers in them. Neither of these brands is a fashion brand. They are clothing brands. You have to go up to Ralph Lauren purple label to get anything approaching fashion, and even then, that line's suits are made by Corneliani

@aasamjames7020 6 месяцев назад

Finally👏👏👏

@littlethundernavy 4 месяца назад

I like her *luxdups* bags, the quality is not inferior to the counters. The price is only $100+

@user-gb9js6cp6v 6 месяцев назад

Jimmy Mick Ver Spade was it now ??😅😅

@user-gb9js6cp6v 6 месяцев назад

Kate Choo Khors Versace was it now ?? 😅😅

@gamelandDEZ 6 месяцев назад

and its all stored in the back on dusty ass shelves but the sales floor is fine. and yes maufactured somewhere obvious to save money

@AceChampElite 6 месяцев назад

Luxottica?

@geraldfm0715 5 месяцев назад

Is Coach a luxury brand now?

@maestoso47 6 месяцев назад

Unchecked capitalism leads to this.

@Wellfitaj 6 месяцев назад

It’s so easy to brainwash women to buy overpriced clothing.

@raquelgeneve 5 месяцев назад

The rich being richier

@mikem3789 5 месяцев назад

Inflation?

@joryboyfpf408 6 месяцев назад

They're trying to follow-up the tech or the streaming service way off business

@Whatnok 5 месяцев назад

Would never carry a Michael cord bag. Ever. It’s insane to know they are a parent company of jimmy c. Would carry coach before MC anytime

@juliarichter6987 6 месяцев назад

Because they can make more money by selling stupid things to stupid people?

@uberenthusiasts 6 месяцев назад

Awe Julia can’t afford luxury designers lmaooo . Should’ve married better like me beyotch

@juliarichter6987 6 месяцев назад

@@uberenthusiasts Your uber is a Ferrari, I guess😘.

@LukeWordsworth-ky2pj 6 месяцев назад

I like Jimmy

@Chicago48 6 месяцев назад

It's almost like a pyramid scheme isn't it?

@Mythoughtonpoliticaltopics 5 месяцев назад

My head started to hrt when she started with this company is with this company its like what in the world. Just leave stuff alone.

@Leeki-qn8rz 2 месяца назад

Cnbc. When you have experts, please consider the pronunciation of them. Especially the black-haired lady.

@user-kq7fo9ve6n 3 месяца назад

I will never spend that much money because of another's name😊

@antonioevans767 5 месяцев назад

Luxury items and goods are a waste of money at this point in time due to inflation. I'd rather have money in my bank account than wear any of these name brands.

@utubesucks9302 5 месяцев назад

The Chinese are all about status, even if China ‘de-brands’, they will find ways to acquire these western luxury brands

@jaysgeronca 5 месяцев назад

Dana Telsey has a confusing way of talking. She does make sense, but you have to listen intently.

@prateekprasadanandukidwe4890 6 месяцев назад

Hello

@mkhanman12345 6 месяцев назад

Helloooo hellooooo

@pazzariatv 6 месяцев назад

God bless 'em. I hope that it all works out well. For me, I buy for quality and longevity. NOT a name. So, my bags come from Tumi. My sunglasses and shoes come from Oakley. My clothes come from UNIQLO, and I also own a few Disney pieces. I'm happy. I've had Gucci, Louis, Prada, CK, etc... The stuff either fades, falls apart, or doesn't stand up to anywhere near what I have listed above. Sorry. Just MHO. You do you.

@fintamaria2429 6 месяцев назад

No thanks to all these brands!!

@EY_YES 6 месяцев назад

SYNDICATE WARS SOON

@user-sg3lz6er1l 5 месяцев назад

Boyscot all this store people

@kevinpark86 6 месяцев назад

Sorry but am i the only one who thinks that people wearing luxury brands are superficial and fake? Especially in the business, if I am the buyer I will not go with people who wears LV, Prada, Chanel etc...they need to get their priorities straight

@critical_always 6 месяцев назад

I would go out with people wearing brands because I would not even recognise brands. It's that stupid.

@TikkaMasala-tx3us 6 месяцев назад

They have no taste. If they do, they won't stunt on others with logo plastered luxury items.

@macbookpro57 6 месяцев назад

Yea I mean honest most people I actually see wearing this stuff are really broke and just trying to pretend like they’re rich; same people who live in a double wide with a brand new Mercedes in the driveway. Priorities lol

@leoprg5330 6 месяцев назад

Oh I love discreet luxury and people who can appreciate craftsmanship and good quality that doesn't scream $$.. so timeless and tasteful.