There are interesting second-order effects. For example, this will tend to make wholesale leather less expensive, for producers of third-party bands and other s

There are interesting second-order effects. For example, this will tend to make wholesale leather less expensive, for producers of third-party bands and other small items (I assume that large items use a different type of leather, since they require larger swathes). I'm surprised they're pricing these new fabric bands at $99. If they sold these alongside leather bands, would they sell at that price? Seems like they're trying to position them as a replacement for a premium product, but without any proof that they are worthy of the lofty price.