Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

How much do you think it costs to make a pair of Nike shoes in Asia?

twitter.com

Post reply on HN
Print view View original

391–400 of 1001 posts

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#391

Post by Spivak »

timothyduong wrote: post #357
hnburnsy wrote: post #345

The thread was kind of hand wavy over the "$24* discount" for Footlocker? From the linked article... >Footlocker’s purchase price (read footnote #3) for every sale of $100 shows up as $66 in their financial reports, and not $50. In plain terms, Footlocker sells its merchandise for a 24% discount on the average. So $100 was never the sale price, just some made up, hoped for number that only appears on the shoe box, an…

“ I would argue that a great deal of selling today is direct, no stores involved at all.” That assumption burnt the previous Nike CEO post COVID.

Yep, direct from the manufacturer— no. Direct from the retailer without touching a physical store— yes.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#392

Post by miningape »

gmueckl wrote: post #389
AndrewStephens wrote: post #360

Earlier quoted context omitted.

> Games Workshop brings in > 0.5 billion in revenue (!!) I had no idea that Warhammer was such a huge industry - they must sell almost 600 sets a quarter.

This is either a joke that flies over my head or there are a few zeroes missing. Which is it?

Look up the price of a single small unpainted figure. You'll be shocked.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#393

Post by smadge »

gmueckl wrote: post #389
AndrewStephens wrote: post #360

Earlier quoted context omitted.

> Games Workshop brings in > 0.5 billion in revenue (!!) I had no idea that Warhammer was such a huge industry - they must sell almost 600 sets a quarter.

This is either a joke that flies over my head or there are a few zeroes missing. Which is it?

The joke is that Warhammer sets are expensive.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#394

Post by xmprt »

gmueckl wrote: post #389
AndrewStephens wrote: post #360

Earlier quoted context omitted.

> Games Workshop brings in > 0.5 billion in revenue (!!) I had no idea that Warhammer was such a huge industry - they must sell almost 600 sets a quarter.

This is either a joke that flies over my head or there are a few zeroes missing. Which is it?

Warhammer is expensive

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#395

Post by Symbiote »

gmueckl wrote: post #389
AndrewStephens wrote: post #360

Earlier quoted context omitted.

> Games Workshop brings in > 0.5 billion in revenue (!!) I had no idea that Warhammer was such a huge industry - they must sell almost 600 sets a quarter.

This is either a joke that flies over my head or there are a few zeroes missing. Which is it?

It's priced in a similar way to Lego.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#396

Post by decimalenough »

niemandhier wrote: post #390
rayiner wrote: post #42

Americans need to get over their view of “Asia” as being about making shoes. When I was working in engineering in the early aughts, we mocked the Chinese as being able only to copy American technology. Today, China is competitive with or ahead of America in key technology areas, including nuclear power, AI, EVs, and batteries. We need to anticipate a future where China is equal to America on a per capita basis, but f…

Nope. Well maybe, if trumpism continues. Point is: The best and brightest go where they think their life will be most fulfilling. Up to last year that was California for tech and New York for culture. Even the Chinese think china is oppressive. https://en.wikipedia.org/wiki/Tang_ping#:~:text=Tang%20ping%...

It's not the best and the brightest who are lying flat, but those who lost the rat race.

All things considered, most Chinese would prefer to stay in China, and if you're rich there you've got it made.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#397

Post by peterfirefly »

matt-p wrote: post #273
callamdelaney wrote: post #250

Earlier quoted context omitted.

I think it could have been a great help to the UK.

If we'd of done what, out of interest? Personally I don't 'agree' with brexit, but it's the reality that we're in. In typical british fashion we're trying to stay friends with the EU, even though they basically hate us, while also trying to do trade with the rest of the world. Predictably we can't really do much of 2 without 1 becoming a problem (and vice versa). However 1 is currently our biggest trading partner (as…

We don't hate the UK. We are just waiting (impatiently) for you to come to your senses.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#399

Post by decimalenough »

markus_zhang wrote: post #188
tayo42 wrote: post #174

Earlier quoted context omitted.

That's been my current dream trip for a little. I think it woukd be so cool to ride the trains around the country and see what it's really like there. Learning the language is hard though

English is the second language of most young and middle-aged Chinese, so you should be fine at least in tier-s cities.

I recently visited China and even the people you'd expect to speak English (front desk at Western branded hotel, airline check-in, etc) either spoke zero English or really struggled. My shitty Mandarin got a workout.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#400

Post by chgs »

bombcar wrote: post #184
myrmidon wrote: post #171

Earlier quoted context omitted.

> Fishing is less profitable for the whole UK than Warhammer. This sounded completely insane to me. I tried to look up numbers and found that Games Workshop brings in > 0.5 billion in revenue (!!), compared to all of UKs fisheries at 1 billion-ish (profit margins are, as you'd expect, pretty favorable for the plastic figurines that they don' even paint for you). Thanks for this interesting fact.

There's a problem with just directly comparing them - because JKR probably brings in more revenue to the UK than fishing, with Potter copyrights. But most of that revenue goes to JKR, whereas most of the fishing revenue may end up in "working class" people's pockets.

“Working class” fishermen sold their rights years ago. same as “working class” farmers who sell a field for a couple of million quid
Post reply on HN