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Shop mark-up on items

  • 30-07-2007 9:10am
    #1
    Closed Accounts Posts: 448 ✭✭


    It's a bit of an odd question but I have always wondered what the shop pays for items like:

    A €500 pair of Jimmy Choos
    A €500 Chloe handbag
    A €270 pair of Juicy Coture Jeans

    I'm assuming the shops get them for about a third of the retail price or less in some cases?


Comments

  • Registered Users, Registered Users 2 Posts: 6,423 ✭✭✭tinkerbell


    I don't know because the price of say a Christian Dior bag is exactly the same in Brown Thomas as you would pay in an actual Dior store in say Paris. The only place it's higher would be in an US stores because of them having to import the bag from Europe.

    I would say it's quite big though, I can't imagine those bags cost that much to make. Plus the reason designer shops are always in the most exclusive areas with the highest rent to pay, they'd have to be making an insane profit to cover the rent costs alone!


  • Closed Accounts Posts: 10,730 ✭✭✭✭simu


    This info is taken from the book "Fashion Babylon" (an insider exposé of the fashion industry), apparently:
    Shops mark designer clothes up by multiplying by 2.9, so a skirt that we sell to the shop for £100 is sold by the shop for £290. The shop, therefore, makes more money on a garment than the designer. The skirt costs me £30 to produce, so if I sell it in my own shop for £290 then I am making £260 profit (minus overheads), as opposed to the £70 I make when I sell to another store.

    From here:http://stylebubble.typepad.com/style_bubble/2006/07/fashion_babylon.html


  • Registered Users, Registered Users 2 Posts: 7,469 ✭✭✭Pythia


    I wonder how you could buy those things at those prices?
    Something like a Musgraves card?!


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