Visionaries
Hanneke Faber’s Circular Gambit: Why Logitech is Betting on the Forever Mouse
The new CEO isn't just selling discounted hardware; she is dismantling the replacement cycle to build a sustainable, high-margin ecosystem for the next decade.
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In the world of consumer electronics, the prevailing wisdom has always been rooted in planned obsolescence. The goal for any hardware giant is to ensure that the device in your hand feels like a relic within thirty-six months. But at Logitech’s Lausanne headquarters, Hanneke Faber is quietly engineering a reversal that should make every Silicon Valley operator take note. While the market focuses on seasonal discounts and clearance pricing for refurbished gear, these moves are merely the opening salvos in a much larger strategic pivot toward hardware longevity and circular economic models.
Faber, who took the helm after a storied career at Unilever, understands something her predecessors might have ignored: the era of disposable peripherals is ending. By aggressively leaning into the refurbished market and incentivizing the resale of premium components, Logitech is not just clearing inventory. It is testing the waters for a 'forever' relationship with the user. The risk here is immense. If you build a mouse or a mechanical keyboard that lasts a decade—and you facilitate the secondary market to keep those devices in circulation—you are effectively cannibalizing your own future sales.
Wall Street usually hates this kind of friction. The traditional hardware playbook demands a constant churn of new SKUs to satisfy quarterly growth targets. Yet, Faber is betting that the next decade belongs to the builders who can decouple growth from raw resource extraction. By creating a robust infrastructure for certified pre-owned high-end gear, Logitech is capturing a demographic that was previously priced out of the premium tier while simultaneously insulating itself against future supply chain shocks and tightening environmental regulations.
This isn't an act of corporate charity; it is a calculated defense of the balance sheet. A refurbished Master Series mouse sold today is a customer locked into the Logi Bolt ecosystem for the next five years. It sets the stage for a transition toward 'Hardware-as-a-Service,' where the consumer pays for the software integration and ergonomic reliability rather than just the plastic and sensors.
Faber is risking the company’s short-term revenue spikes for a seat at the table in a future where luxury is defined by durability. The market hasn't fully priced in this shift because it still views Logitech as a commodity box-pusher. They are wrong. Faber is positioning the company as a circular pioneer, proving that in a world of declining discretionary spend, the most radical thing a builder can do is give the customer a reason to never buy a replacement again. The visionaries at the Numerous Times will be watching closely as she attempts to turn one of the world's largest hardware manufacturers into a sustainable service powerhouse.
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