Hey there, trendsetters! Even though the U.S. has slapped a 30% tariff on luxury goods, European brands like Vienna's Lobmeyr are keeping their cool 😎. With a legacy spanning over two centuries, Lobmeyr’s elegant chandeliers have lit up everything from Habsburg palaces to New York’s Met Opera.
Lobmeyr’s managing partner, Leonid Rath, told CGTN, "Of course with a luxury product the impact won't be that strong." While about one-fifth of their exquisite glassware is destined for U.S. customers, Rath is confident that these tariffs will mainly shake up prices for consumers rather than hurt the brand’s reputation or sales.
This scenario sends a clear message for us on the global stage: when quality is at the heart of your product, even tough economic policies can't dim its shine 🔥. So, whether you're eyeing that high-end gadget or planning a splurge on luxe lifestyle upgrades, remember—exceptional quality always earns its place in the spotlight!
Reference(s):
cgtn.com
