Earlier quoted context omitted.
It's also because almost every french home has one of their glasses and they are good quality. So it's a mix of history, tradition, enjoying good products, the pride you get from your country producing good products.
And not only homes. I moved to France several months ago, and I keep seeing the Duralex mark in cafes, at my workplace, basically everywhere.
'The French people want to save us': help pours in for glassmaker Duralex
81–90 of 141 posts
Re: 'The French people want to save us': help pours in for glassmaker Duralex
#82Re: 'The French people want to save us': help pours in for glassmaker Duralex
#83Earlier quoted context omitted.
> it’s a SCOP (the majority of the capital of the company is owned by the employees) On the other hand, I suspect that this also makes it more difficult for them to change and adapt.
Why? Most large corporations I’ve dealt with are highly bureaucratic and resistant to change. Good ideas get lost in silos or bogged down in bureaucracy. Whether it works or not seems entirely dependent on whether the company has a moat around their revenue stream, which allows them to be inefficient everywhere else. For an employee owned co-op, a more anarchistic organization structure that allows for more employee…
Let's say that the company can't compete so the CEO proposes to automate production and lay off 50%+ of the employees, do you think employees will vote in favour?
In general coops are not good at tough decisions and innovation.
Duralex already went bankrupt several times and they are heading for it again. What's in the article is nice but it's charity not business so unfortunately I am not optimistic.
Re: 'The French people want to save us': help pours in for glassmaker Duralex
#84Earlier quoted context omitted.
That's probably their problem, cheap and long lasting isn't good for business.
Their products are extremely expensive.
I'm not sure you can see this page, but it's a set of four 16cl Picardie glasses for 3.79 euro: https://www.carrefour.fr/p/gobelet-picardie-duralex-35501905...
Re: 'The French people want to save us': help pours in for glassmaker Duralex
#85Re: 'The French people want to save us': help pours in for glassmaker Duralex
#86Earlier quoted context omitted.
They did survive. There are thousands in Spain and Italy especially. One of the most well-known is the Mondragon Corporation from the Basque country, one of Spain's largest comanies: https://en.wikipedia.org/wiki/Mondragon_Corporation
I am particularly interested in coops as a model for a tech startup. How would one go about structuring a new corporation to best ensure it remains a coop?
Galois, Inc. (https://www.galois.com) is employee-owned, and they do lots of great formal methods work.
But not sure whether this model is appropriate for a startup. I guess splitting stock more evenly is a good starting point.
Re: 'The French people want to save us': help pours in for glassmaker Duralex
#87Earlier quoted context omitted.
And not only homes. I moved to France several months ago, and I keep seeing the Duralex mark in cafes, at my workplace, basically everywhere.
Sounds like their biggest problem is that the product is so good the domestic market may be saturated. I was pleased to read in the article that they're working to increase exports. I'm a big believer in products that are engineered to last rather than be regularly replaced.
Sad how rare that is these days. Which other companies does that apply to?
Re: 'The French people want to save us': help pours in for glassmaker Duralex
#88Earlier quoted context omitted.
Their products are extremely expensive.
Uhh, no? A pack of 6 Picardie glasses retails for €20, so they're a little over €3 each. https://www.amazon.fr/-/en/Duralex-Picardie-Set-Clear-Glasse...
Re: 'The French people want to save us': help pours in for glassmaker Duralex
#89Earlier quoted context omitted.
There's a reason why worker owned companies (which were quite prevalent and a key factor in the 20th century's socialist movements) did not survive in our capitalist world. If we want to see these kinds of companies thrive, we need to change the entire market philosophy. Otherwise they will always be out-competed by companies that favour revenue/profit over worker benefits. In fact they will not even take off in the…
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It's odd to see you expressing disdain for 'high school politics' and 'because younger generations don't know' while also displaying such ignorance or disregard of the subject matter, like watching factual waves roll in and dash themselves on the rocks of obdurate opinion.
Re: 'The French people want to save us': help pours in for glassmaker Duralex
#90A few years ago, a journalist went to Duralex, after they restructured (to be own by the employees), and show off the glasses's solidity, live. Every single one of them broke: https://www.dailymotion.com/video/x957g7q