You mean its not? Leica has copped out long ago, and recently especially with the involvement of Hermes.
Even in last year's M9 launch event, the management compared itself to prestigious brands like BMW, Chateau Lafite and the like. You know which direction they are taking and it certainly isn't the Leica of yesteryear. It is sure a profitable direction too! This year partner with Volvo design, maybe next year partner with Prada.
EDIT: Not to mention some other forums insist on only using Leica lenses on M9 or else be laughed at. I think with this, they have successfully transformed from a tool company to a brand company. Put the Leica red dot on almost anything and it will sell, at a high premium even.