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Recent purchases - Part II

Discussion in 'Streetwear and Denim' started by scott.m, Feb 1, 2010.

  1. reedobandito

    reedobandito Senior member

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    Wow, can't believe I never knew that. I always wondered why the prices weren't so wildly inflated.

    Whatevs, at least it was MiJ!
     
  2. cyc wid it

    cyc wid it Senior member

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    Buy these VISVIM pants I just got in. Will pass on good deal. :nodding:
     
    Last edited: Dec 5, 2013
  3. gdl203

    gdl203 Senior member Dubiously Honored Affiliate Vendor

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    I don't think that people understand why Japanese brands are expensive at retail in the US - especially when compared to prices there. It does not come down to inflating prices, but rather to a pretty stark difference in retail economics between the two countries. Duties and transportation play a role as well of course, but the retail wholesale pricing model is where the two worlds collide.

    A typical Japanese retailer marks up 1.67x the wholesale price, which means that a $500 item costs them $300 to buy wholesale. In this kind of pricing environment, there is no room for deep markdowns - but that's how things work there. In the US, we're addicted to "deals" so typical retailers would mark up up to 3x wholesale price so that they can make consumers happy by slashing prices down 50% and more... it's a bit of a ridiculous construct but that is what works with the US consumer psyche.

    Now, if you're a US retailer buying that item from the japanese maker for $300, you may end up with about 20% of transpo & duties, so it costs you $360. If you mark it up 2.5x your retail price will be $900 (versus $500 in Japan !). If you go any lower than that, after overhead and (expected) seasonal markdowns, you're probably not going to make any money on it.
     
    32 people like this.
  4. steveoffice

    steveoffice Senior member

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    Thanks for the insight gdl :teach:

    So do the Japanese retailers mark up the US goods 1.67x as well? Which would mean it would be cheaper than buying from the US stores even after considering 20% shipping cost + duties. Or do they mark up imported products 2.5x?
     
  5. nahneun

    nahneun Senior member

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    it's marked up even more than us prices. dh silver selvedge mijs were more expensive in japan than they were in the us, and that's even before the currency conversion (this was back in 2010, so it was about 70-75 yen to the dollar).
     
  6. fistinyoface

    fistinyoface Senior member

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    Correct me if I'm wrong, but I recall being told by a Japanese store that there is are laws regarding pricing of Japanese goods (maybe just clothing) that they have to adhere to. It might explain why a lot of Japanese brands tags have the price marked on them - with and without tax.
     
    Last edited: Dec 5, 2013
  7. shoreman1782

    shoreman1782 Senior member

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    great post GDL.


    I'm probably going to get this wrong...

    Most consumer goods in the United States have an MSRP; most retailers can expect each other to price in the area of MSRP, removing an incentive to undercut each other. In Japan the MSRP (calculated according to GDL's formula) is pretty strictly adhered to. Much less helpful to price shop there. It's a level of collusion we'd probably consider anti-consumer in the US.
     
  8. kgfan5

    kgfan5 Senior member

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    some stuff

    [​IMG]
    [​IMG]
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    23 people like this.
  9. DLester

    DLester Senior member

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    Kgfan waywt domination apparently will continue unabated
     
    10 people like this.
  10. Benesyed

    Benesyed Senior member

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    Sweaters came in from yoox. Both are great in terms of material and warmth but the buttons on the cardi need to be reinforced, one fell off. A little disappointing.
     
  11. Isachenko

    Isachenko Senior member

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    Benesyed,

    What brand is your cardi? I'm waiting on one myself from yoox.

    Here's my new arrival, little thinner than I thought it be:

    [​IMG]
     
  12. Benesyed

    Benesyed Senior member

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    roberto collina and messagerie


    the latter was WAY nicer than what i was expecting
     
  13. Isachenko

    Isachenko Senior member

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    I take it the Collina had the bad button then?

    Can you share pics or links?
     
    Last edited: Dec 6, 2013
  14. BreezyBirch

    BreezyBirch Senior member

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  15. gettoasty

    gettoasty Senior member

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    came home to these. love hi-top chunky sneakers. second pair of KVA...best fitting and feeling on feet pair of sneakers, ever

    thick leather + ankle padding and tongue.

    [​IMG]

    [​IMG]

    [​IMG]
     
    20 people like this.
  16. hwai333

    hwai333 Senior member

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    ^ are those tts ?
     
  17. cyc wid it

    cyc wid it Senior member

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    Survey pants.
     
  18. gettoasty

    gettoasty Senior member

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    ^yes they are. comfy foot bed, or the best my feet has been in. 2nd pair of KVAs and they fit my feet the best in relations to other sneakers. gotta try out some geobaskets but the KVA toe profile is what RO was back then :dozingoff:
     
  19. pronxs

    pronxs Senior member

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    sorry toasty. looks like any jordan sneakers that belong in niketalk.
     
    Last edited: Dec 7, 2013
  20. thewho13

    thewho13 Senior member

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    I like those toasty. Looks good altogether. What are the sweats? Those look super comfy.
     

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