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True, except that the main bulk of COGS is shoes and freight paid overseas, which has no GST component.Agree with almost everything here, except for your comment re GST. The government does not get 10% GST of retail, because the vendor can claim back the GST paid on the expenses incurred in getting the shoes to you.
Nice shoes. I hate you Gerry.
How much do you pay for a pair of CJ, are they bench grade or hand grade?
American Tailors usually go on sale in the first week of July. I'd keep an eye out next week.Does anyone have any tips on when American Tailors or Double Monk might have some sales?
It's probably worth pointing out that a Loake 1880 and C&J bench grade would be within about 10 pounds of each other at a wholesale cost, which would all be in leather quality. If you think about it they are both made in England, with the same technique, staff would get paid around the same and other manufacturing costs about the same. So to me it's not that surprising, and I think $400 AUD is perfectly reasonable for a B&M store where you can try them on. Loakes are very underrated shoes at the 1880 level.
PappaR and any others thinking about how to dress professionally without wearing a suit could do a lot worse than take inspiration from this example.^ You can charge that much extra when you have such high demand for your products.
Today....
Coat: Riviera
Shirt: Kamakura
Tie: Henry Carter dark blue knit
Trousers: Henry Carter super dooper single pleated, side adjusted, higher rised, made in Italy mid grey flannel pre-production samples.
Shoes: Carmina burgundy derbies
+1 to that, a perfect Sydney spring day... in early July!
True, except that the main bulk of COGS is shoes and freight paid overseas, which has no GST component.
How much do you pay for a pair of CJ, are they bench grade or hand grade?
American Tailors have handgrade for $595, benchgrade for $500.
Double Monk sell a suede Tetbury for $450, calf leather for $550
In Manchester a pair of handgrades cost 475 pounds (782 dollars). Tetburies are between 305 - 355 pounds ($500 - 550 AUD). I think those prices are the same as RRP in London, C&J are fairly strict about retail pricing (which is why they stopped selling to P.Lal).
I would suggest that the American Tailors prices are for existing stock bought at a more favourable exchange rate and the prices will rise again soon. I bought a pair of Weymouth from them back in 2011 for $700 AUD. At the time if I ordered them directly from the C&J mail-order service in London they would have cost me $650.
That is indeed some very good price from AT. Even though we do get the 20% off VAT.