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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Patagonia did something mildly insane.

Patagonia did something mildly insane.

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  • JollyJ Jolly

    It's innovative. Successful?

    :man-shrugging: :woman-shrugging: 🤷

    Aqua LetiferA Offline
    Aqua LetiferA Offline
    Aqua Letifer
    wrote on last edited by
    #3

    @Jolly said in Patagonia did something mildly insane.:

    It's innovative. Successful?

    :man-shrugging: :woman-shrugging: 🤷

    Well my thing is, what the hell else are you gonna do? This is exactly the sort of experimentation we need to figure out what works.

    Please love yourself.

    1 Reply Last reply
    • taiwan_girlT Offline
      taiwan_girlT Offline
      taiwan_girl
      wrote on last edited by
      #4

      The company does have a good reputation for making good products.

      1 Reply Last reply
      • MikM Offline
        MikM Offline
        Mik
        wrote on last edited by
        #5

        They do. It’s privately owned, so good on him for putting his money somewhere he cares about.

        “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

        1 Reply Last reply
        • jodiJ Offline
          jodiJ Offline
          jodi
          wrote on last edited by
          #6

          Good for them. They do make a good product. There is a outlet store in a little town south of here, we have lots of Patagonia stuff.

          Aqua LetiferA 1 Reply Last reply
          • jodiJ jodi

            Good for them. They do make a good product. There is a outlet store in a little town south of here, we have lots of Patagonia stuff.

            Aqua LetiferA Offline
            Aqua LetiferA Offline
            Aqua Letifer
            wrote on last edited by
            #7

            @jodi said in Patagonia did something mildly insane.:

            Good for them. They do make a good product. There is a outlet store in a little town south of here, we have lots of Patagonia stuff.

            Some of it's ridiculously overpriced and unnecessary—they call it Padagucci for a reason.

            But I can't deny that they still make great stuff that lasts and just works.

            Please love yourself.

            1 Reply Last reply
            • HoraceH Offline
              HoraceH Offline
              Horace
              wrote on last edited by
              #8

              It signals intent to take certain goals seriously, but enforces next to nothing regarding behavior towards those goals. There is no reason to believe they are not serious, but this is really only a signal. As far as I’m aware, all the behaviors they care about could have been accomplished without the trust.

              Education is extremely important.

              Aqua LetiferA 1 Reply Last reply
              • HoraceH Horace

                It signals intent to take certain goals seriously, but enforces next to nothing regarding behavior towards those goals. There is no reason to believe they are not serious, but this is really only a signal. As far as I’m aware, all the behaviors they care about could have been accomplished without the trust.

                Aqua LetiferA Offline
                Aqua LetiferA Offline
                Aqua Letifer
                wrote on last edited by Aqua Letifer
                #9

                @Horace said in Patagonia did something mildly insane.:

                It signals intent to take certain goals seriously, but enforces next to nothing regarding behavior towards those goals. There is no reason to believe they are not serious, but this is really only a signal. As far as I’m aware, all the behaviors they care about could have been accomplished without the trust.

                They're funneling the money in different ways. That's where I think this could be ineffective, but it's more than a signal when you throw money down.

                Also, they use PrimaLoft for most of their insulated material, which is recycled material. Their shells, though, they make themselves, using a manufacturing process they designed to be environmentally friendly.

                You can play around with data to illustrate how environmentally friendly they really are, but claims they only pay environmental lip service don't hold up.

                Please love yourself.

                1 Reply Last reply
                • jon-nycJ Online
                  jon-nycJ Online
                  jon-nyc
                  wrote on last edited by
                  #10

                  The framing is more innovative than the concept.

                  “Rich guy puts assets in a trust/foundation with specific goals defined for that entity” dates back to the elder Rockefeller.

                  "You never know what worse luck your bad luck has saved you from."
                  -Cormac McCarthy

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                  • LuFins DadL Offline
                    LuFins DadL Offline
                    LuFins Dad
                    wrote on last edited by
                    #11

                    Great… Let me see what the “costs of doing business” are. A lot of companies out there are making 2% profits while the execs are bringing home 8 figure annual incomes…

                    The Brad

                    Aqua LetiferA 1 Reply Last reply
                    • LuFins DadL LuFins Dad

                      Great… Let me see what the “costs of doing business” are. A lot of companies out there are making 2% profits while the execs are bringing home 8 figure annual incomes…

                      Aqua LetiferA Offline
                      Aqua LetiferA Offline
                      Aqua Letifer
                      wrote on last edited by
                      #12

                      @LuFins-Dad said in Patagonia did something mildly insane.:

                      Great… Let me see what the “costs of doing business” are. A lot of companies out there are making 2% profits while the execs are bringing home 8 figure annual incomes…

                      Patagonia's annual sales are about $1bn.

                      Please love yourself.

                      1 Reply Last reply
                      • X Offline
                        X Offline
                        xenon
                        wrote on last edited by
                        #13

                        Sounds nice. I don't get it.

                        1 Reply Last reply
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