Chinese shoppers, for instance, have tended to buy diamonds in department stores because of the variety offered and the assurance of reputable, high-quality goods.
Since Patagonia is already focused on high-quality goods, this new approach could lead to increased prices, a broadened customer base and expansion into new categories, he says.
Rent-A-Center operates company owned rent-to-own stores which offer high-quality, durable goods such as consumer electronics, appliances, furniture and accessories to consumers under flexible rental purchase arrangements that allow the customer to obtain ownership of the merchandise at the conclusion of an agreed-upon rental period.
The answer is that a combination of schooling and apprenticeship has proved a reliable supplier and shaper of the sort of labour German businesses need to make goods of high quality, even as similar jobs have disappeared in other rich economies.
"We've become a quality producer of high-technology goods, "Dauch says.
With a history that spans more than 100 years, the Georg Jensen brand has a deep heritage in high-end silver goods and represents quality craftsmanship and timeless designs.
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To be sure, lots of high-quality things are made in China, from sporting goods and MP3 players to luxury clothing.
From Etsy to Kickstarter, you can can see the growth of high quality, small batch creation of beautiful design-centric goods.
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In 2006 the steelmaker embarked on a massive investment and construction project to build blast furnaces to produce high-quality virgin steel for cars, ships and consumer durable goods for parent Hyundai Motor and other customers.
But in 2006, it embarked on a massive investment and construction project to build blast furnaces which use iron ore and coking coal to produce high-quality virgin steel for cars, ships and consumer durable goods.
He also produced high-quality copperware and small amounts of furniture, ceramics and leather goods.
For a small number of goods and services, we irrationally believe that high price indicates high quality.
On the upside, the cameras do apparently mostly deliver the goods when it comes to image quality (especially with their high ISO capabilities), and the build quality is said to be solid, particularly on the NEX-5.
ENGADGET: Sony's NEX-3, NEX-5 interchangeable lens cameras get reviewed
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