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>So $100 was never the sale price, just some made up, hoped for number that only appears on the shoe box, and not on anyone's financial statements. Really this
by notatoad 2y ago
>So $100 was never the sale price, just some made up, hoped for number that only appears on the shoe box, and not on anyone's financial statements. Really this should be Footlocker makes $6 on selling a $66 sneaker, for a margin of ~9%.
yes. but any arguments you see in favour of onshoring manufacturing would use undiscounted list prices, so it makes sense to start from that place.
- ForOldHack 2y agoWell, Since I am close to a Shoe Palace, I just walked in and talked to the sales man. He likes selling New Balance, and the price ranges from $34 to $167, and the $167 is a discount of 33%. I talked to him long enough that the assistant manager came over, and both of the really were ashamed at shoes made in Vietnam, and Cambodia, they got it, and I told them that https://allamerican.org/investigation/new-balance/ https://allamerican.org/investigation/new-balance/