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Originally Posted by Cherrycola
The point is they get LESS of the OP's money, and he gets the item he wanted at a price he is willing to pay and thinks is value for money.
I couldnt give a rats backside if every cent i spend on clothing goes to the UK! If i can save the money that goes into my pocket every week by doing this, then so be it.
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The money that you contribute in tax goes to fund the social welfare payments of the retail workers that have lost their jobs in the recession. You keep not "giving a rats backside" and you'll be paying higher tax to fund increased number of welfare payments.
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Every penny we give in VAT here is going straight to the EU, not towards keeping and encouraging jobs in Ireland, so why should we contribute?!
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Rather bitter generalisation there. Any facts to back up your "every penny" theory? Also "keeping and encouraging jobs in Ireland" well - you're doing the exact opposite by shopping online.
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Until the big knobs realise that the general public cannot afford the cost of living that we could 5 years ago then nothing will change.
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Plenty of UK stores have readjusted their margins and are taking a lot less in profit than others. Arcadia have a very high cost base in Ireland, down to over expansion, high wages and staff retention and huge transport costs for stock to stores. I'm not saying they are right to have such inflated exchange rates but there are high costs associated with how they operate.
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Its not the minimum wage thats causing high prices here, its just greed! And as long as they can get away with it, they will, so we need to hit them where it hurts, in their profit, and then they may reconsider their pricing policy!
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Wages are just one element of cost. I know when I worked for Arcadia a few years ago staff were taken in on either a rate above the minimum wage or if they had previous experience then they were given a wage usually similar or above their previous employers hourly rate. Double time was paid on Sundays and Bank Hols and there were a LOT of staff that had long service entitlements such as extra holidays, christmas entitlements etc that were agreed with the unions when Arcadia bought over the Burton Group and Sears so these cost a great deal in excess staffing costs.
Rates cost a huge amount to any business and depending on your business model can be astronomical. The topshop brand has it's flagship store on the most prestigious street in the country - The rates on the Grafton St/Stephens Green premises would be very excessive, I would guess it would be a good few hundred thousand per annum. Thats before they pay rent.
Warehousing and transport cost retail businesses a great deal. The stock for Arcadia comes from the UK distribution warehouses so the Irish consumer has to bear the brunt of this as well. Topshop prides itself as being on the cutting edge of fashion and would get deliveries every day with new stock arriving all the time. Even the smaller Arcadia brands get deliveries at least 3 times a week to keep up with customer demands.
Insurance and liability also cost far more here than in the UK as do commercial utilities but sure why let facts get in the way of a good rant?