Archiver
Veteran
Nonsense. Selling a special edition is not making the rest of the brand less of a tool. Selling Bentleys does not make Volkswagen a luxury brand.
Leica's marketing appears to be straddling two worlds. On one hand they maintain links to a professionally-driven past and make much of their current partnership with Magnum. On the other, their combination of features and pricing is moving them into luxury goods territory. Many Swiss watch brands have a similar heritage but have taken the luxury goods route, like Omega, Rolex, Breitling etc.
During the 60's, 70's and 80's, Rolex print ads were all about the explorers and adventurers who used their watches. They were capitalizing on their workhorse past to sell the quality of their watches, which is rather like what Leica is still doing today. But they have since gone to make blingier and blingier watches and appeal to the monied set much more directly. Rolex may move in this direction over time, if other companies are any indication.
At the moment, they can't encrust a M with gems like Breitling does to their watches or Vertu does to their phones because this would undermine their 'camera that took the most iconic images of history' image. The most they can do at the moment is make Hermes-type limited edition sets, and I'll bet they will sell super-well in the Asian markets.
Mainland Chinese are buying designer goods in droves with all the new money that is emerging. The Japanese have been one of the highest consumers of luxury goods for many years, as well as Leica cameras. Bringing these two brands together is a wet dream for many of these buyers.