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Kirkland Signature (Costco) Italian Ties - Page 2

post #16 of 35
I love those trousers. They do not have anywhere near the level of "handiwork" that my Zanella trousers (what I usually wear day to day) have, however they have proven at least as durable if not more so. I can vouch for trousers looking great, fitting great and lasting forever. Like DB Cooper, I only wish they showed up more often at any of my area Costcos... I don't think I have seen them in 24 months now.

I will absolutely be on the lookout for these ties simply on the basis of my experience with the trousers.
post #17 of 35
Quote:
Originally Posted by Imhoff View Post

Made in Italy pants at Costco?? These exist??
And any pics of these ties??

Perhaps more like Apple products... Designed in a first world country, Assembled in China.
post #18 of 35
post #19 of 35
Quote:
Originally Posted by JubeiSpiegel View Post

Here is an ebay listing, in case anyone needed to see what the ties look like.
http://www.ebay.com/itm/KIRKLAND-SIGNATURE-Mens-Designer-Silk-NECK-TIE-made-ITALY-Choose-Color-/360402150107?pt=US_Mens_Ties&var=&hash=item92b040ea04
Meehhhee... plain.gif

Those patterns are atrocious.
post #20 of 35
Quote:
Originally Posted by JubeiSpiegel View Post

Here is an ebay listing, in case anyone needed to see what the ties look like.
http://www.ebay.com/itm/KIRKLAND-SIGNATURE-Mens-Designer-Silk-NECK-TIE-made-ITALY-Choose-Color-/360402150107?pt=US_Mens_Ties&var=&hash=item92b040ea04
Meehhhee... plain.gif

So the $20 tie is now $10!? Ain't America something.

Anyway, I seen far worse ties for much more money.
post #21 of 35
For some reason I bought one of these a while back. For $20 it is quite nice (surely better than $20 is going to get you at any other store), but it is not a nice tie in any absolute sense. The construction seems good but the silk is cheap and ugly.
post #22 of 35
I saw these during the my monthly Costco trip. Most of the patterns are not so good, but a few are attractive. The silk is fantastic; frankly speaking, it does not seem appreciably worse than the thicker silks in my Borelli, Kiton, Isaia, Brioni ties. Very high quality silk IMO. The construction is a bit hit-or-miss and seems typical of a "good" tie. The stitching is hard to see and quite even; the clasp is a thick silk number that's sewn on properly. The tie itself is thick: it feels a bit more "airy" or "plump" and not as stiff as the aforementioned Italian ties that I have, which feels like a negative. There's a bit of puckering on the front; it might be due to how it was rolled up in the box for who knows how long, so I re-rolled them backwards and put them back in the box for a day. smile.gif If this plumpness and puckering is simply due to the tie being wrapped up in a box, and if it fades, then these are a startling bargain, patterns notwithstanding. If they are a property of the design of the tie, then they are just a good deal. There are no loose threads, unevenness of work or sense that they cheaped out anywhere.

I bought two. To be honest, only two patterns were attractive to me; a lighter silver with an excellent pattern, and a red repeating square thingy which appealed to me because I don't have many red ties. Having them in hand, they seem like fine winter-holiday-time ties.

Overall I would say these are a steal at $20 a piece. I personally have never seen a tie with a MSRP under $100 that is better.
post #23 of 35
Quote:
Originally Posted by Grenadier View Post

Yes, but Costco is claiming that it is selling a $150 tie for $20. Obviously, the tie is not actually a $150 tie. No doubt Costco is selling the tie at a much lower profit margin than the store selling the $150 tie, but the difference is too big. Costco may be selling a $60 tie for $20, but I doubt it is selling a $150 tie for $20.

Just to give you an idea of the margins Costco is dealing with.... the overall average margin on products they sell is 0.7%. Yes, a fraction of a percent.

I'm sure margin is larger on certain items than others. But it is possible that they are selling them for $20.

Unfortunately, Costco will get a bad rap for selling certain goods because they are a warehouse, aren't a high end store, or offer decent things at a fraction people paid. Either way, it sometimes comes across as a little bit jealous. I love Costco and the value they offer is often muuuch better, even if they aren't absolutely top of the line.
post #24 of 35
Quote:
Originally Posted by saiyar1 View Post

Just to give you an idea of the margins Costco is dealing with.... the overall average margin on products they sell is 0.7%. Yes, a fraction of a percent.

Can you back this up in any way? An article or anything? Because I don't believe this number for one second. I'm sure they make way more money.
post #25 of 35
The ties in that ebay link are ugly. Just buy something on sale at Land's End and it will be 50X nicer.
post #26 of 35
Quote:
Originally Posted by contactme_11 View Post

Can you back this up in any way? An article or anything? Because I don't believe this number for one second. I'm sure they make way more money.

Yes, this is simple to check... go to the SEC's site and pull up the 10-k filing.

I did a valuation on Costco about 2 years ago. Granted it was a bad economy so the margin was under 1% (net income vs revenues).

Just looked at last year... Net Income to revenues was 1.7%. If you want to look at operating margin, well that was 2.5%... it's still TINY.


Additionally, my professor at Stern did consulting work for them... he confirmed how small their margins are, but obviously couldn't get into more details because of privacy agreements. Keep in mind, the financial statements, if anything will be skewed through "smart accounting" to look better, not worse, which biases the numbers. Nonetheless, 10k will be the best you can ever get, unless you're an insider.
post #27 of 35
Quote:
Originally Posted by swiego View Post

I saw these during the my monthly Costco trip. Most of the patterns are not so good, but a few are attractive. The silk is fantastic; frankly speaking, it does not seem appreciably worse than the thicker silks in my Borelli, Kiton, Isaia, Brioni ties. Very high quality silk IMO.

Overall I would say these are a steal at $20 a piece. I personally have never seen a tie with a MSRP under $100 that is better.

Having handled 100,000's of ties I can assure you there is a wide gulf in the quality of what you are talking about.
post #28 of 35
Quote:
Originally Posted by idfnl View Post

Having handled 100,000's of ties I can assure you there is a wide gulf in the quality of what you are talking about.

Isn't that the truth.
post #29 of 35
Quote:
Originally Posted by saiyar1 View Post

Just to give you an idea of the margins Costco is dealing with.... the overall average margin on products they sell is 0.7%. Yes, a fraction of a percent.
I'm sure margin is larger on certain items than others. But it is possible that they are selling them for $20.
Unfortunately, Costco will get a bad rap for selling certain goods because they are a warehouse, aren't a high end store, or offer decent things at a fraction people paid. Either way, it sometimes comes across as a little bit jealous. I love Costco and the value they offer is often muuuch better, even if they aren't absolutely top of the line.

I am a firm believer in Costco and its massive bottles of booze. And I agree that the ties likely represent good value for money and are likely better than what many men wear. And maybe the ties are as high-quality as $150 ties from some fashion labels which are light on quality and high on "style." But I'll take my Drakes any day.

Besides, the patterns are atrocious and a significant part of a tie's value lies in its pattern.
post #30 of 35

I love Costco.

I get most of my food and appliances there.

Even my underwear.

But I made the mistake of assuming that the beautifully written description in Costco Connection about these "Italian made" silk ties was accurate.

I pictured that "small group of women paying attention to every detail", finishing by hand these top quality ties worth $135-$175 in other stores. 

So, I purchased a total of ten of these ties--different colors of course.

 

Problem--when I opened the nice boxes that they came in, and carefully unrolled them--every one had lumps/wrinkles, as if the material wasn't sewn to fit properly.

And one of the many "lumps", an unsightly bulge right in the middle of the ties, comes from the huge, thick, Kirkland labels on the back.

 

Steaming, light pressing did not work.

Lumps, bulges, wrinkles didn't disappear.

When I brought them to my cleaners and showed the ties, they must have assumed that they need to be pressed flat.

The bulges were reduced, lunps/wrinkles reduced (still not gone) and the ties looked like stiff boards.

 

They ended up looking horrible.

Thank you local cleaners.

(that's for another posting)

 

Are the ties worth $20?

Probably, because they are silk (I think anyway) , but certainly not more.

 

I'm disappointed in Costco for misrepresenting the quality of these ties.

 

 

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