rickgrimes10
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- Nov 25, 2010
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The current initial prices are high/overpriced to those of us that have been lured in to buy Canvas items when they first started out with deep discounts and continuous sales before the uptick in pricing. The cotton shortage plays a little bit into the price hikes as does supply versus demand for Canvas items. But also some customers are gonna be ready, willing, and able to afford to buy at the full initial price, which is why the pricing is the way it is. Canvas is going to get some customers at that price even though it is hard to believe. Some people just want the product ASAP and wear them in that particular season. Canvas is going to catch some customers on a percentage sale, and then a lot during the end of a season during clearance. The high price provides room to maneuver the profit margin, which Stylego touched on. If the prices start out real low, the profit margin is going to be minimal.
Anyone knows if the Heritage Solid White Poplin shirts use the same lightweight, sueded cotton from before mid-2010? I haven't gotten around to inspecting the 9+ I racked up during the ornament deal yet.
LEC is such a poorly run company. Right now you can pick up a white polo, a pair of navy canvas sneakers, a braided canvas belt, brown boat shoes, swim shorts, a pair of khaki chino shorts, khaki chinos, a denim jacket, a madras shirt, 2 silk ties, 2 pocket squares, and a khaki blazer for less than $250 total. All staple summer items in almost all sizes. They have a total retail value of more than $1000. Why not price things properly in the first place instead of having to have deep deep sales?
Seems what I've learned about accounting the approach makes sense...it's all about incremental retuns.
The current initial prices are high/overpriced to those of us that have been lured in to buy Canvas items when they first started out with deep discounts and continuous sales before the uptick in pricing. The cotton shortage plays a little bit into the price hikes as does supply versus demand for Canvas items. But also some customers are gonna be ready, willing, and able to afford to buy at the full initial price, which is why the pricing is the way it is. Canvas is going to get some customers at that price even though it is hard to believe. Some people just want the product ASAP and wear them in that particular season. Canvas is going to catch some customers on a percentage sale, and then a lot during the end of a season during clearance. The high price provides room to maneuver the profit margin, which Stylego touched on. If the prices start out real low, the profit margin is going to be minimal.
Anyone knows if the Heritage Solid White Poplin shirts use the same lightweight, sueded cotton from before mid-2010? I haven't gotten around to inspecting the 9+ I racked up during the ornament deal yet.
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