Discussion in 'Classic Menswear' started by earthdragon, Nov 18, 2008.
No, of course not. I'm just being a dickhead.
From what I've read, the main difference between a Loake and C&J etc is that the sole is stitched aloft as opposed to being bevelled which is the more arduous process. I can't see the leather quality being that much better if it has to go through an A4 machine, I could be wrong though.
FWIW, Cresta in Chippendale own the Australian distribution. Their site advertises the overseas corrected grain models exclusively.
Only 10 pounds?! Their RRP difference is like 150 pounds!
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.
^ You can charge that much extra when you have such high demand for your products.
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
Nice shine mate
Good to meet Matt and catch up with some of the other guys last night at the Supper Club. Matt, I went home and finished a book, just to make sure you don't get too far ahead.
Sand > Brown
I think you are confusing net profit and gross profit - most retail businesses do not have more than 15% net profit .. between 5-10% is the norm.
Gross profit varies depending on the type of business (i.e. discretionary vs staple) and the volumes. Discretionary retail businesses is not uncommon to have 60-80% first gross margins and 40-50% gross margin after markdown (Cue, CR, Just Jeans etc).
You would then have something like 10-15% labour costs, 15% rent costs and up to 10% in other/admin costs which brings yours net profit back to the 5-10% range. The swing factor is the markdown - the biggest cost in retail is actually going from your first margin to your final gross margin.
Shame I wasn't in town yesterday or I would have tried to rock along. Always good to meet another guitarist/sartorialist
Crappy pics, sorry.
Shirt: Brooks Brothers
Slacks: Paul Smith
Shoes: Edward Green
Gerry are those Carminas? Lovely.
Great to catch up with CD and Gerry and meet LonerMatt and Coxaca last night at Supper Club.
Those are EG Dovers
Those are indeed EG Dovers - welcome to the Aussie Members thread, gyasih!
It definitely was a nice catch up yesterday. Hope some more people can come along to the next one.
I've been lurking for awhile, Mate.
Separate names with a comma.