- Oct 21, 2013
- Reaction score
@TokenMao - exactly.
But here’s the main thing:
I think Charles was making a broader point, justifying the prices of Cucinelli by explaining how much they spend on their people and products, especially in comparison to other luxury brands.
How exactly that breaks down on the balance sheet isn’t as important.
Every article I’ve read about Cucinelli mentions the locally-sourced materials and personnel, and how unique the facilities are in Solomeo are.
I think that’s a remarkable story. And it also highlights how expensive true sustainability and ethical manufacturing is.
Thank you, this is the point I want to highlight. Ill admit I made a mistake to @dieworkwear about the markup being ~3x from manufacturing costs, when in fact it was from wholesale. I honestly dont know what the markup from manuf cost is or what the industry std is. I dont really think it matters, the point that i tried to make before was that the way we do business (in a broad sense) is generally very expensive but its what we believe in.
If yall want to get into the nitty gritty of the details im afraid I cant really divulge anything more. TBH I probably already have spoken too much (granted no one here in italy knows what SF is) but I would hate to have this thread printed out on my desk monday morning if you catch my drift.