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***The official Alden thread *** - Page 2722

post #40816 of 97050
Quote:
Originally Posted by fitchottie View Post

You know what the Leathersoul sale for Alden, makes me understand...now more than ever, what a freaking markup there is on these shoes.. How you cann all of a sudden sell $515.00 shoes for $195.00. So it cost maybe $75.00 to $100.00 to make the shoes. maybe $150.00 if cordovan.

i've always heard general rule of thumb for markup is 2.5x, but i'm sure there's plenty of mba's that read this thread who could expound upon the point further.
post #40817 of 97050
Quote:
Originally Posted by fitchottie View Post

You know what the Leathersoul sale for Alden, makes me understand...now more than ever, what a freaking markup there is on these shoes.. How you cann all of a sudden sell $515.00 shoes for $195.00. So it cost maybe $75.00 to $100.00 to make the shoes. maybe $150.00 if cordovan.

That's true. No other products that we know and love on SF every go to 60% off.
post #40818 of 97050

sorry what was the leathersoul sale like? Must have missed it somewhere in the past few hundred pages haha

post #40819 of 97050
Quote:
Originally Posted by FENWAY View Post

If you're 11.5 Barrie, Shoe Mart had three pair of the J Crew #8 cap boot on the seconds shelf today...looked good. Also a beautiful chromexcel wingtip blucher, and a #8 plain toe on the Modified. Ask for Bob.

Forgot to mention a unique black shell Indy on leather sole in size 10....snag 'em!
post #40820 of 97050
Quote:
Originally Posted by 100 yrs View Post


i've always heard general rule of thumb for markup is 2.5x, but i'm sure there's plenty of mba's that read this thread who could expound upon the point further.

Not an MBA (yet...) but it varies on the industry.  My guess would have been that the retailers profit is 30%, but that is just my guess.  I'm sure there are some circumstances where markup is 2.5x. 

 

I think you also have to consider two other factors.

 

Price as determined by market forces (supply/demand)

 

Cost of production (Cost of inputs, labor, economies of scale and synergies)

 

I always thought a shell model cost the retailer somewhere around $400 (give or take), but again, just a guess.

post #40821 of 97050
Quote:
Originally Posted by fitchottie View Post

You know what the Leathersoul sale for Alden, makes me understand...now more than ever, what a freaking markup there is on these shoes.. How you cann all of a sudden sell $515.00 shoes for $195.00. So it cost maybe $75.00 to $100.00 to make the shoes. maybe $150.00 if cordovan.

wait... what sale? I'm not seeing anything on their blog and just reread the last few pages of this thread. There's a sale on now?

 

Edit: Any details about what's on sale would be great. 

post #40822 of 97050
Quote:
Originally Posted by 100 yrs View Post


i've always heard general rule of thumb for markup is 2.5x, but i'm sure there's plenty of mba's that read this thread who could expound upon the point further.

 

Quote:
Originally Posted by Bakes11771 View Post

Not an MBA (yet...) but it varies on the industry.  My guess would have been that the retailers profit is 30%, but that is just my guess.  I'm sure there are some circumstances where markup is 2.5x. 

 

I think you also have to consider two other factors.

 

Price as determined by market forces (supply/demand)

 

Cost of production (Cost of inputs, labor, economies of scale and synergies)

 

I always thought a shell model cost the retailer somewhere around $400 (give or take), but again, just a guess.

 

 

I think it depends on the merchandise sector.  For lower volume durables, I usually see the dealer discount at 40-60%.  On clothing items (shirts/pants/etc) the mark-ups can go to astronomical levels.

post #40823 of 97050
Here is the list from LS they might have more than this available.  This list was based on my shoe size.  Hope this helps.
 
This is a sale on select Alden shoes in large sizes 10D~12D.
 
Snuff Suede Slipon Chukka Boot(Copley last) 11D: $250
Loden Green Comfort Indy Boot(Trubalance last) 10D: $295
Cognac Soft Calf NST Blucher(Barrie last) 10.5D: $295
Oiled Nubuck Pitt Boot(Barrie last) 10E, 10.5C: $295
Tan Suede Tassel Loafer(Plaza last) 10.5D, 11D: $250
Dark Brown Suede Semi Brogue Oxford(Plaza last) 10.5D, 11D: $250
Black Cordovan Gore Slipon(Copley last) 11D: $395
#8 Dark Burgundy Cordovan Chukka Boot(Plaza last) 11D: $395
Burgundy Calf Attorney Shoe(Plaza last) 10.5D: $250
Tan Suede Plain Toe Oxford(Plaza last) 10.5D, 11D: $195
Madison Semi Brogue Blucher(Barrie last) 10.5D: $195
Snuff Suede Plain toe Blucher(Barrie last) 10.5D: $250
post #40824 of 97050
Yeah, LS-sale was really unadvertised (walk in only). Call them for a listing of things in your size (although it is only bigger sizes in general)
post #40825 of 97050

It was posted in the LS Shop Talk blog.

post #40826 of 97050
Quote:
Originally Posted by millerbk View Post

Here is the list from LS they might have more than this available.  This list was based on my shoe size.  Hope this helps.
 
This is a sale on select Alden shoes in large sizes 10D~12D.
 
Snuff Suede Slipon Chukka Boot(Copley last) 11D: $250
Loden Green Comfort Indy Boot(Trubalance last) 10D: $295
Cognac Soft Calf NST Blucher(Barrie last) 10.5D: $295
Oiled Nubuck Pitt Boot(Barrie last) 10E, 10.5C: $295
Tan Suede Tassel Loafer(Plaza last) 10.5D, 11D: $250
Dark Brown Suede Semi Brogue Oxford(Plaza last) 10.5D, 11D: $250
Black Cordovan Gore Slipon(Copley last) 11D: $395
#8 Dark Burgundy Cordovan Chukka Boot(Plaza last) 11D: $395
Burgundy Calf Attorney Shoe(Plaza last) 10.5D: $250
Tan Suede Plain Toe Oxford(Plaza last) 10.5D, 11D: $195
Madison Semi Brogue Blucher(Barrie last) 10.5D: $195
Snuff Suede Plain toe Blucher(Barrie last) 10.5D: $250

Someone ought to grab that attorney shoe - perf captoe bal.
post #40827 of 97050
Quote:
Originally Posted by fitchottie View Post

You know what the Leathersoul sale for Alden, makes me understand...now more than ever, what a freaking markup there is on these shoes.. How you cann all of a sudden sell $515.00 shoes for $195.00. So it cost maybe $75.00 to $100.00 to make the shoes. maybe $150.00 if cordovan.

That is why we are the way we are. Stuff goes overseas because we need more money and more profit. Do you really need to make 300 to 400 dollar profit for one pair of shoes.I am still buying them, but damn if that was not an eye opener.At that price all you should get is perfection.
post #40828 of 97050
Quote:
Originally Posted by fitchottie View Post


That is why we are the way we are. Stuff goes overseas because we need more money and more profit. Do you really need to make 300 to 400 dollar profit for one pair of shoes.I am still buying them, but damn if that was not an eye opener.At that price all you should get is perfection.

 

Which is why we get what we get because we keep buying them anyway.

post #40829 of 97050
Quote:
Originally Posted by ReppTiePrepster View Post


You should have each of those shell colors in each one of those models! nod%5B1%5D.gif

In all seriousness though, if you could only have one of each, I would go with the ravello LWB, cigar PTB, and the color 8 LHS.  However, you could probably go with any combination with the options you've laid out and still be in great shape.  I just happened to be a lover of the king of the gunboats...


The ravello LWB would be my first choice for my first Alden shell, but that's just me.


I'm studying the picture of this Ravello PTB and realize that it looks much better than my pair. The difference being the dark welting and sole edge vs. the "antique stain" welt and sole edge on my pair. I may be doing a bit of customizing this weekend and will post before and after pics if I do. It's amazing how much the color and type of welting and sole can affect the look of a shoe...
post #40830 of 97050
Quote:
Originally Posted by fitchottie View Post

You know what the Leathersoul sale for Alden, makes me understand...now more than ever, what a freaking markup there is on these shoes.. How you cann all of a sudden sell $515.00 shoes for $195.00. So it cost maybe $75.00 to $100.00 to make the shoes. maybe $150.00 if cordovan.

My cost on that $515 shoe is about $325 ($250 cost, $15 shipping, $60 commission + % rent). So, at $195 I am losing $130.

Still people are asking for more discount.

We do this because obviously the market is smaller for sizes over 10. The most common size in the US is about 9-9.5 and in Asia about 8-9. Yet we always get complaints that we don't have enough large sizes. Now you know the reason.
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