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689 points taubek | 1 comments | | HN request time: 0.209s | source
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dcow ◴[] No.43638472[source]
I wish the discussion included the margins the fashion industry makes. In the labor sector, 10%-20% margin is respectable. But in the fashion and consumer goods sector at least 30% margins are expected. 80% margins are normal for “luxury” goods, which I’m sure is the bracket Nike falls into. I wish margins were included in the thread. It’s only true that everything increases in cost if you also have to keep the same margins.
replies(1): >>43638558 #
hyperpape ◴[] No.43638558[source]
There are profit margins in the thread. They’re a lot lower than what you described.
replies(1): >>43640323 #
1. anomaly_ ◴[] No.43640323[source]
OP will be talking about gross profit not net, and also totally ignoring the substantial overhead investments in brand marketing, customer service, stores, etc, that luxury goods brands have to make.