^^ momofuku has changed the way people look at ramen in NYC. A good noodle bar is always good to have around.
One of the REAL reasons I closed my shop was because I felt guilty selling clothes ( which I love) for the retail price. If you can't sell retail don't get into retail. I hooked almost everyone up and in the end the margins wheren't there.
My rent was $7,000.00 . We haven't even started talking taxes and payroll. With debt service and all that I had to make 40k a month to cover my nut. Discounting clothes did not help that.
As the rescession grew deeper and my good customers stopped coming in regularly and or started asking for deeper discounts I was like " fuck this". I am spending less time at the store and more time on private label where I can give a discount and feel good about selling goods I am proud of ( wheatet people like it or not) and I can give people a SF discount and not feel bad.
I have a daughter and a SHIT LOAD of bills. Wolf Vs Goat is the thing I hope that will cover my nut and take care of my family.
Price for clothing is all relative. It's what the customer is willing to pay. Everyone has to make their margins one way or the other or the whole system shuts down.
I think because of the recessiona nd the internet people have become bargin shoppers. For the consumer thats good for the businesses that's bad. Unless companies pad their margins so you the consumer feels good because you are buying something " on sale".
I will contact the Harris Tweeds or the 8 mills that make them ( i believe) and cut the jobber out. Doing that lowers my prices
and yours too!
Self Edge- has an awesome business stratedgy. Kiya is a shrewd business man and I think it's paying off.
Context- has actually been around long enough and has the passion and steam to go far. They too are good business men with excellent relationships with their vendors. I think I have I sam or ryan forget which by 14+ years in age...lol
Epaulet- right now is the SF Golden Child. Mike is no dummy either. If he plays his cards right ( which he will) he will grow his private label and his store quickly. He needs to steer clear of any CvF situations and not tell people to "FUCK OFF and die of CANCER" like I do.
I don't really talk with any other of the affiliates but you should support them ..at retail if possible.