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

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

#501
post #380

Earlier quoted context omitted.

..Any country can solve it, just incentivise families. Simple things like ensuring young people have access to affordable housing and daycare. If I was at the start of my career ladder in a major urban area now, having a family would be close to the bottom of my priority list. Its not rocket science.

Daycare is some weird shit with such abundance of [lonely] old people.

Unless they are friends or family regulations will never allow. But you are right there is an abundance of old lonely people who would do this for nothing and it would benefit everyone.

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

#502
post #424

Earlier quoted context omitted.

So would we be able to get the exact same deal we had? We are under the impression the answer is no, as whenever we try and negotiate away stuff that's in neither of our interests it gets rejected. Take this Eitas Visa for example, this is literally just sowing resentment towards the EU in the UK. It benefits nobody and is totally insane, it's just making people hate the EU. Same with not being able to use the digita…

You are perhaps unaware that since last week, Britain has required EU citizens to go through an e-visa process. The offer from the EU for a youth exchange program was rejected by the UK. The fish thing looks like anti-EU nonsense. The anonymous source "hinted", whereas the people speaking on the record denied it. Starmer ruled out joining the customs union, so blame him for the tool import paperwork. > but the thing…

I am aware. Of course, if you require a visa from us then it becomes politically impossible NOT to require a visa from you in return. We were very clear that we didn't want it at all.

Re the fish;

>But in an interview with POLITICO, the minister said EU member governments were unlikely to sign off on a security deal with the U.K. unless negotiations are also resolved on other “sensitive” issues, including access to British waters for European fishing fleets. A deal on fish would also help in “building trust” between London and Brussels, she added.(1)

It's just a combination of low turn out and a 52/48 marginal split, it does not mean we have a failure of democracy, that's a bit of a stretch.

(1) https://www.politico.eu/article/uk-eu-defense-pact-really-do...

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

#503
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…

> Americans need to get over their view of “Asia” as being about making shoes. The vast majority of us were over that decades ago. Please catch up for the sake of all humanity.

The reality is that most USians and EUians still have some 1990 view of what Asia and China is. Or they cope with some 'freedom' or 'slave labor' anecdotes.

My comment on another thread about how China is now a developed country was downvoted by some HNer who swallowed some Guardian anecdote: https://news.ycombinator.com/item?id=43627315

Exponential growth is a hard concept to internalize.

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

#504

Earlier quoted context omitted.

It's priced in a similar way to Lego.

I don't find Lego especially expensive. And Lego is way more difficult to manufacture, has very exacting functional requirements and extremely good QA.

I bought a Warhammer set during Covid and was amazed at the detail, compared to the 1990s stuff I had as a kid.

I can't say what's more difficult to manufacture - millions of identical bricks that snap together, or a huge range of different, detailed designs which fit snugly together but don't lock.

Just the first thing on the home page: https://www.warhammer.com/en-GB/shop/Deathlords-Mortarchs-Ma...

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

#505
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…

Even if you believe this, the way you do it is incentive manufacturing in the US not 200% tariffs. It takes time to build up domestic manufacturing.

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

#506
post #498

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…

There are profit margins in the thread. They’re a lot lower than what you described.

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

#507

Earlier quoted context omitted.

> Americans need to get over their view of “Asia” as being about making shoes. The vast majority of us were over that decades ago. Please catch up for the sake of all humanity.

The reality is that most USians and EUians still have some 1990 view of what Asia and China is. Or they cope with some 'freedom' or 'slave labor' anecdotes. My comment on another thread about how China is now a developed country was downvoted by some HNer who swallowed some Guardian anecdote: https://news.ycombinator.com/item?id=43627315 Exponential growth is a hard concept to internalize.

HN frowns upon griping about downvotes, and encourages a discussion around why someone's point or rebuttal might be wrong. Just sayin'...

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

#508
post #102
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…

> US will find itself in the same position the UK is in now The thing is .. there's a point here, but it's not at all tied in with physical products. People are obsessed with one side of the ledger while refusing to see the other. Most of the stuff the UK is struggling with (transport, healthcare, energy) are "state capacity" issues. Things where the state is unavoidably involved and having better, more decisive lead…

It’s not rational at all. It’s nostalgia.

I wonder how deeply connected all this politics of nostalgia is to the fact that birth rates have been declining for decades and populations are older.

Given the older population and the country’s history as a bygone empire I bet nostalgia is thicker in England than the US, but US side there sure is a lot of it.

A lot of MAGA is about making the country the way it was when boomers were kids (50s, 60s) to prime age adults (80s to early 90s).

There’s even a hint of genX nostalgia too. A while back I was hearing some IDW type railing about how “woke” killed comedy and it hit me that there’s a strong undercurrent of nostalgia for the 90s when comedy and pop culture were all about being an edgelord. The fact that edgelording is "out" is blamed on "woke" and they lament that "comedy is dead" etc. I'm not sure how much "woke" has to do with it. I think... well... edgelording is just out.

Change reminds people of their mortality and it always generates a backlash. You’re not young anymore.

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

#510
post #391

Earlier quoted context omitted.

“ 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.

You can buy shoes directly from Nike here in Australia. Is that not the same in the states?
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