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Gaziano & Girling Appreciation & Shoe Appreciation Theard - Page 615

post #9211 of 13629

Yes, I feel lucky to have gotten the Antibes at 60% off.  It had a bit of minor shop wear, but nothing that concerned me.  I wish the Hove were similarly discounted (it was at list price at Leffot).

 

Jubei, the Hove is wild boar and on the mh71 last.


Edited by Luvwine - 7/8/13 at 1:00pm
post #9212 of 13629
Quote:
Originally Posted by laufer View Post

Ebay has been flooded with Gaziano and Girling shoes from Barneys.

any of them selling?
--

nice kops, luvwine.
post #9213 of 13629
I was thinking about this the other day and wrote a short blog piece on it - I think there's an interesting question as to value when we see these feeding frenzies, specifically these close-outs because the retail relationship is being discontinued. I believe we've seen it now with G&G at Barneys, EG at Bloomingdales, and perhaps EG at RL as well.

At the end of the day, you have $1200 shoes that, for whatever reason, are unsellable at the retail price. But is that saying something about G&Gs in general, or about the specific models that Barneys chose to sell? Personally, I think its the latter. The inverted captoe does not have universal appeal, and two-tone shoes and spectators always have a limited audience.

The shoes didnt sell at the $600-1000 range at Barneys. Why would someone think its going to sell in that range on eBay? The sweet spot for those models was $450-600. That's the price range that turned fence-sitters into buyers.
post #9214 of 13629
Well to be fair to G&G, a lot of the Barneys models weren't really anything that interested me otherwise I would have copped a few pairs

Sold G&Gs on eBay
http://www.ebay.com/sch/i.html?_from=R40&_sacat=0&_nkw=gaziano+girling&LH_Complete=1&LH_Sold=1&rt=nc

And it looks like it's just one seller who bought a ton of stock, wonder if maybe he negotiated a wholesale deal with Barneys? FW Savoy is in his stock too
post #9215 of 13629
Quote:
Originally Posted by stevent View Post

Well to be fair to G&G, a lot of the Barneys models weren't really anything that interested me otherwise I would have copped a few pairs

Right - that's kind of my point. Besides you and me, Barneys models didn't hold much interest for the greater-NYC metro area.
post #9216 of 13629
imo, i dont think it could be more simple. the vast majority of people have no idea what or who GG is. they are more likely to drop 1200+ on a pair of prada, lanvin or louis vuitton shoes, because they can justify it through the brand name value, weather or not the shoes are made as well as GG or EG or JL.

for the vast majority of people who shop at high fashion department stores like saks, NM, bloomies or Barneys or BG, its all about brand name recognition, and to most of the public, GG doesnt have that right now. which is more than fine by me, though i wish tony and dean all the success in the world, and i have no idea if that is something they even want, name recognition like the fashion houses that is, im sure they want success. who knows.

all that speaks not a word towards the value of GG to those who understand what it is, and what the quality of the shoes are. and im sure those are the majority of people who scooped up the GGs on sale. i doubt that all of sudden your average barney shopper noticed the drop and said, "hmmm, at 1200 i didnt like those, but at 489 i sure do!" heck no, i think it was people who know all about GG, but cant always afford the full price. fair as it me be, its still far from cheap, and they took the opportunity that was there.

that would be my guess anyways.
post #9217 of 13629
Quote:
Originally Posted by in stitches View Post

all that speaks not a word towards the value of GG to those who understand what it is, and what the quality of the shoes are. and im sure those are the majority of people who scooped up the GGs on sale. i doubt that all of sudden your average barney shopper noticed the drop and said, "hmmm, at 1200 i didnt like those, but at 489 i sure do!" heck no, it was people who know all about GG, but can always afford the full price. fair as it me be, its still far from cheap, and they took the opportunity that was there.

But doesnt it speak to the value in some way if, as you say, those who "understand what it is", have no interest in the product at the manufacturer's suggested retail price? Isn't that educated consumer basically saying to himself, "I don't think this shoe is good value at $1200; however, at $450, its a steal and I'll get a pair or two." Doesn't that say something about the inherent value of the product?

And, in fairness, while I have no evidence to support this, I really doubt that the majority of buyers were those who can always afford the full price (although this may have been a typo in your post).
post #9218 of 13629

In my case, I had long wanted some G&G but did not know my size and no one in Atlanta sells them.  Thus, I waited until I was in New York and bought a pair at Leffot at full price.  I then went by Barney's as I had heard about the close outs here, and decided it was worth a shot.  Even though I would not have bought another pair at full price, at 60% off, I pulled the trigger. 

 

As for the Ebay sellers, I suspect they are opportunists who see a way to play the difference between Barney's price and what the usual price is.  Basically, they are like ticket scalpers.  I don't choose to support them.  The fact that the models that are available are not to my liking for the most part makes this decision easier.  ;)

post #9219 of 13629
I think it's a case of an educated consumer saying to themselves, this is totally worth the price but I can't usually afford it. Now that I can't afford it I will buy as many as I can.

It must've been a typo, what I meant was I believe the vast majority of these buyers were people like me who cannot usually afford to buy many GGs at full price and took this as an opportunity to shine.
post #9220 of 13629
Quote:
Originally Posted by in stitches View Post

I think it's a case of an educated consumer saying to themselves, this is totally worth the price but I can't usually afford it. Now that I can't afford it I will buy as many as I can.

It must've been a typo, what I meant was I believe the vast majority of these buyers were people like me who cannot usually afford to buy many GGs at full price and took this as an opportunity to shine.

Exactly, it's amazing how during a sale, our wardrobe can expand greatly with shoes we don't really need.
post #9221 of 13629
After some cleaning and polishing:
Untitled

Thanks again to a neighbor up north! icon_gu_b_slayer[1].gif
post #9222 of 13629
Quote:
Originally Posted by DpprDr View Post

After some cleaning and polishing:
Untitled

Thanks again to a neighbor up north! icon_gu_b_slayer[1].gif

Beautiful Adelaides.
post #9223 of 13629
Well, in my case I am the biggest cheap ass on the planet, I never paid anything retail, if I know there is a sale in the future I would never pay retail... Sure, sometimes that means I will never buy "the shoe/suit" I want for 5 years (or never in some case, at this thus far...), but I am fine with that, not like I don't have enough clothe. I checked out the stuff I like and if they go on sale with more than 50% off, I might buy it, otherwise usually a pass...
post #9224 of 13629
Quote:
Originally Posted by in stitches View Post

I think it's a case of an educated consumer saying to themselves, this is totally worth the price but I can't usually afford it. Now that I can't afford it I will buy as many as I can.

I think there is something to say about the options for the educated consumer as well.

It is far easier for iGents like us to acquire GGs from England, saving a little bit in return, and getting the model we definitely wanted. At around 1k (ex. from Bespoke England) that is a fair price for the exact model i would wanted. At around 1.2K, i think GG MTO prices are quite fair, especially considering how much they allow you to customize.

Having said that, i would not be persuaded to buy GGs at Barneys for 1.2K retail, in a model i didn't love and a size that was not my exact one. Honestly, as an informed Barneys customer, it would be hard to swallow buying GGs (or JL for that matter) at any other time than their yearly markdown sale.

Like i mentioned before, i don't mind paying full price for a pair of GGs, without compromise in style and fit. Not necessarily a matter of value in the brand, but in the circumstance...
post #9225 of 13629
Quote:
Originally Posted by clee1982 View Post

Well, in my case I am the biggest cheap ass on the planet, I never paid anything retail, if I know there is a sale in the future I would never pay retail... Sure, sometimes that means I will never buy "the shoe/suit" I want for 5 years (or never in some case, at this thus far...), but I am fine with that, not like I don't have enough clothe. I checked out the stuff I like and if they go on sale with more than 50% off, I might buy it, otherwise usually a pass...

Well, you know what they say..."Americans know the price of everything and the value of nothing."

Just sayin'
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