the strip mining is def. a concern, but compared to the legal and illegal strip mining on other luxury brands from my limited observation its minimal. I recall years ago, I bought both his toddler sons ferrari racing driver suits in the store , bl**y expensive !. The illegal strip mining is still much less of a concern , compared to eg LMVH, and Burberry (esp. in asia).Fandom is fandom I guess.. eg sneakers :-)))
They still intend to limit an increased level of production, and get the margin hikes through personalized customization, so they seem cognizant of this risk.
I guess my investing thesis rests on scarcity value, margins, luxury market being recession resistant and growing.

disagree on the douchebag theory. My brother has always found that people were very respectful, wanted their photo taken.
/ or asked if they could take a picture, and the concept of "holding it in trust" for others was the underlying psycology. almost that it was too beautiful to damage...never had anyone key it, no matter where.