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WHY? I've bought most of my clothing from Bonobos for the last few years, I guess I'll look elsewhere now. > Partnering with Walmart — the biggest bricks-and-m
by egonschiele 9y ago
WHY? I've bought most of my clothing from Bonobos for the last few years, I guess I'll look elsewhere now.
> Partnering with Walmart — the biggest bricks-and-mortar retailer around — might have seemed extremely off brand for Bonobos.
YES it is. And "I think Walmart is misunderstood in some ways." isn't an explanation. Bonobos and Walmart are totally different in my mind, I can't imagine I'm the only Bonobos customer disappointed by this change.
- sotojuan 9y agoFrom what little I've heard, Bonobos hasn't been doing too well. Maybe it was either sell or go out of business eventually?
- joelrunyon 9y ago> But for now, there are no plans to offer Bonobos’s $98 chinos or $128 dress shirts in Walmart’s 5,000-plus stores. Instead, Walmart is hoping to learn from Bonobos. Its co-founder and chief executive, Andy Dunn, will oversee Walmart’s digital brands, which also include the independent women’s brand ModCloth.
- sotojuan 9y agoI don't think that pricing is very good. $100 for pants is not enough for "better" quality/craftsmanship like designer labels have, but it's not low enough to be an easy purchase. Honestly, the $100 pants (from a few brands) I've worn don't feel any better (or last much longer) than $40-50 Uniqlo pants. I've always been curious about this market niche (better than fast fashion, but not designer quality).
- joelrunyon 9y agoWell somebody thinks that pricing is good enough because Bonobos just got bought. This comment is more to point out to the OP that while Walmart might have bought Bonobos, it doesn't mean he's gonna go shopping at the actual Walmart building.
- samsolomon 9y agoFor many clothing brands the sticker price isn't what many people pay. Sales occur every few weeks knocking 20 to 40 percent off of items. I think their shorts and pants are exceptional and worth the $50 to $70 you can get them for during sales.
- sotojuan 9y ago> Sales occur every few weeks knocking 20 to 40 percent off of items. I think their shorts and pants are exceptional and worth the $50 to $70 you can get them for during sales. Is selling most of your stock during sales profitable? If so, interesting business practice and I'm curious if it's more common than I thought (J. Crew could be doing the same).
- opportune 9y agoYes, because even during sales the margins are still high. They're just less high. In fact, as JC Penney proved to consumers, you often make more money setting prices at $50 and having frequent sales at $30 than you do setting the price at $30 but having no sales.
- sotojuan 9y agoI stand corrected then. Thanks!
- frgtpsswrdlame 9y agoWelcome to the merge economy. Support anti-trust.
- fashionofftopic 9y agoIs it though? I've found Bonobos to be of mediocre quality and boring design which doesn't call for the price point they are at. For $125 you can start getting some really nice shirts from other brands (Saturdays NYC, La Paz, etc). I think they probably can lean on Walmart to lower their production costs and possibly cut their prices to offer Walmart customers an option that is above their typical retail choices.
- egonschiele 9y agoYou're right. I only buy during sales, and mostly I buy because I hate shopping and the clothes fit me (I have long limbs). The quality of their pants is not great, they do get worn out quickly.
- dmoy 9y agoShit, for $120 you can get a near perfect fit tailored shirt shipped from HK (if you're ok with massively high latency and waiting for someone to come by and take a dozen measurements).
- hourislate 9y agoFor $20 bucks you can get an nice dress shirt from Costco. Does anyone really think anyone else gives a shit how much someone spent on a shirt? or what their pants cost. Zuck shows up in sweat pants and t-shirt to work. He probably has never spent $100 on a dress shirt in his life.
- opportune 9y agoI wouldn't use him as an example because he dresses the same way every day to project an image. But I agree. You can find clothes that fit well for very cheap. If you're associating with people that care how much you spent on your clothes, you should maybe consider associating with other people.
- x0x0 9y ago