3 ms·
Loro Piana does over 1B Euro in revenue at over 20% margin [1], I'd say there is room for more than one company. [1] https://en.wikipedia.org/wiki/Loro_Piana h
by rKarpinski 3y ago
Loro Piana does over 1B Euro in revenue at over 20% margin [1], I'd say there is room for more than one company.
[1] https://en.wikipedia.org/wiki/Loro_Piana https://en.wikipedia.org/wiki/Loro_Piana
- imgabe 3y agoThey make other things besides this one sweater though, right?
- Retric 3y agoYea it's a bunch of different products, "textile division produces high quality textiles from cashmere, vicuña wool, linen, and merino wool;" I don't know the exact numbers for this sweater. But it takes a alpaca 4 years to produce enough cashmere for one sweater. 200,000 / 4 = 50k sweaters at 20% profit margin on 9k a pop that's 90 million in profit a year assuming they sell everyone at full price. More realistic could be 2/3 to 1/4 of that, though I'm just guessing here. Now split it across X companies and it’s going to be a small market. Edit: Looks like other companies are using this kind of wool, just not from that particular location. https://www.alpacacollections.com/belen-vicuna-sweater.html https://www.alpacacollections.com/belen-vicuna-sweater.html