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Designer John Varvatos should think about applying for a job at the Psychic Friends Network because he claims to know when people are going to knock his products off.
Oh, really?
While gazing deeply into his crystal ball he reveals:
"We have people that come in our store and spend $20,000, and then we get their credit card and we see that they’re with another designer or a vertical retail store. Oh, I won’t mention other brands, but when other brands come in and it has their name on the credit card, and they’re buying $20,000 or $10,000 worth of your stuff, or every bag you make, or twelve shoes and they don’t care what size it is, you know they’re knocking it off."
So why doesn't he stop them?
The swami says "If they stop coming here to buy it and they’re going to somebody else, you’re no longer the hot person. When people stop knocking me off, that means we’re not the relevant people anymore."
Business is business, right Johnny?
[Image via WENN.]
Posted: February 12, 2010 at 6:30 pm