Blog by Dick Davison – Head of Strategic and Research Services
Somebody once told me that certain ‘knock-off’ goods – the allegedly Prada and Louis Vuitton bags you can buy from street traders on the Ponte Sant’ Angelo in Rome, for example – were not actually cheap imitations, but genuine goods stolen from the production line and sold through the black market. Probably not true, and certainly not true of the ‘Rolex’ watches with cheap quartz motions which a few dollars could purchase in the back streets of Taipei.
But musings on the real value of prestige consumer brands came to mind recently when I was approached by a third-party fixer to brief a very well-known international consulting firm on trends within the UK boarding market. It transpired, during the course of a very long telephone call (from Mumbai, where the consultant was based) that the well-known consulting firm’s ultimate client was a UK institution, interested in investment opportunities within the British independent education sector.