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Recent purchases - Part II - Page 2666

post #39976 of 45089
Warning: Spoiler! (Click to show)
Quote:
Originally Posted by DLester View Post

thanks tonio!


fit battle
post #39977 of 45089
Definitely a US brand. Legendary retailer that was one of the first to bridge streetwear and fashion. One of the first collaborate with Trickers, Mackintosh etc,

Help break Wings+Horns, Geller, Common Projects, Engineered Garments, etc.

Miss Will, Isa and the rest of those dudes frown.gif
post #39978 of 45089
Quote:
Originally Posted by DLester View Post

thanks tonio!

http://www.styleforum.net/content/type/61/id/1068335/

nod[1].gif

Enjoy!
post #39979 of 45089
Some sweet VISVIM wool blend pants arrived, but I'm between sizes. Sad. Probably would be good for Reedo or something.
post #39980 of 45089

Finally pulled the trigger on the jackets I was asking about a while back. Thanks to those who chimed in.

 

Went with the VA special edition light coat.

 

 

post #39981 of 45089
Quote:
Originally Posted by reedobandito View Post

NDG is a US brand?????? WUT

in which reedo suddenly stops liking NDG so much.
post #39982 of 45089
yup, it's a US brand made in japan.
post #39983 of 45089
Wow, can't believe I never knew that. I always wondered why the prices weren't so wildly inflated.

Whatevs, at least it was MiJ!
post #39984 of 45089
Quote:
Originally Posted by reedobandito View Post

Wow, can't believe I never knew that. I always wondered why the prices weren't so wildly inflated.

Whatevs, at least it was MiJ!

Buy these VISVIM pants I just got in. Will pass on good deal. nod[1].gif
post #39985 of 45089
Quote:
Originally Posted by reedobandito View Post

Wow, can't believe I never knew that. I always wondered why the prices weren't so wildly inflated.

I don't think that people understand why Japanese brands are expensive at retail in the US - especially when compared to prices there.   It does not come down to inflating prices, but rather to a pretty stark difference in retail economics between the two countries.  Duties and transportation play a role as well of course, but the retail wholesale pricing model is where the two worlds collide.  

 

A typical Japanese retailer marks up 1.67x the wholesale price, which means that a $500 item costs them $300 to buy wholesale.  In this kind of pricing environment, there is no room for deep markdowns - but that's how things work there.   In the US, we're addicted to "deals" so typical retailers would mark up up to 3x wholesale price so that they can make consumers happy by slashing prices down 50% and more...  it's a bit of a ridiculous construct but that is what works with the US consumer psyche.    

 

Now, if you're a US retailer buying that item from the japanese maker for $300, you may end up with about 20% of transpo & duties, so it costs you $360.  If you mark it up 2.5x your retail price will be $900 (versus $500 in Japan !).    If you go any lower than that, after overhead and (expected) seasonal markdowns, you're probably not going to make any money on it.   

post #39986 of 45089
Thanks for the insight gdl teacha.gif

So do the Japanese retailers mark up the US goods 1.67x as well? Which would mean it would be cheaper than buying from the US stores even after considering 20% shipping cost + duties. Or do they mark up imported products 2.5x?
post #39987 of 45089
it's marked up even more than us prices. dh silver selvedge mijs were more expensive in japan than they were in the us, and that's even before the currency conversion (this was back in 2010, so it was about 70-75 yen to the dollar).
post #39988 of 45089

Correct me if I'm wrong, but I recall being told by a Japanese store that there is are laws regarding pricing of Japanese goods (maybe just clothing) that they have to adhere to. It might explain why a lot of Japanese brands tags have the price marked on them - with and without tax.

post #39989 of 45089
great post GDL.


I'm probably going to get this wrong...

Most consumer goods in the United States have an MSRP; most retailers can expect each other to price in the area of MSRP, removing an incentive to undercut each other. In Japan the MSRP (calculated according to GDL's formula) is pretty strictly adhered to. Much less helpful to price shop there. It's a level of collusion we'd probably consider anti-consumer in the US.
post #39990 of 45089
some stuff

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