Earlier quoted context omitted.
I think you're missing that the bigger value is having the manufacturing on your home soil instead of depending on being in the good graces of China.
Strategic shoe manufacturing?
everything
How much do you think it costs to make a pair of Nike shoes in Asia?
791–800 of 1001 posts
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#792Earlier 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.
Developed country covers a huge swath of living standard.
China has a development level similar to Thailand, which while not undeveloped, is far from the living standards in the US or Western Europe.
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#793Earlier quoted context omitted.
> 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…
Can't really eat plastic figures. And you maybe only ate frozen fish in your life but fresh fish is great. It's way more profitable for me to work than to sleep but I still sleep.
The fishing industry is especially weird because you can't make it more productive and decades of legislation have been spent desperately trying to make it less productive so there are still some fish left. I like fresh fish but there's a very real limit as to how much we can have.
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#794Earlier quoted context omitted.
> 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…
>Most of the stuff the UK is struggling with (transport, healthcare, energy) are "state capacity" issues. None of those are state capacity issues. Those are "State is pointing a gun at anyone who would fix them" issues. Friendly reminder that 95%+ of the UK railway system was built by private for profit companies, with state involvement being primarily limited to not preventing it from happening. All of these issues…
None of the original railways was possible without Acts of Parliament for compulsory purchase.
Conversely, full privatization of the railways with no restrictions would instantly result in all the rails within 50 miles of London being replaced with lucrative housing.
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#795Earlier quoted context omitted.
> 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…
[flagged]
> brexit means we've halved our US tarrif rate
As of time of writing this comment, I believe both are at 10%? Of course that could change at any time.
> enshrine freedom of speech in law
ECHR already does this. I presume there's some other weird definition of free speech going on here like unrestricted use of the N-word on TV or something.
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#796Earlier quoted context omitted.
I think you're missing that the bigger value is having the manufacturing on your home soil instead of depending on being in the good graces of China.
You always depend on someones good graces. What difference does it make if they are an american you are dependent on or a chinese person? Still a human at the end of the day. Its the political leaders that want you to say that an apple and an apple are different species. It doesn’t reflect the reality that we are all equivocal humans on earth. The sooner we get out of our nation state well of stability as a species,…
It's not the choice of an american or chinese person but an american or chinese economy you're dependent on. An american or chinese country, an american or chinese government. The difference is that the chinese support eugenics, are throwing people in ethnic reeduction camps, operate an authoritarian system with extensive mass surveillance, and have plans to conquer taiwan (and the world). People are not equal because cultures are not equal. You might as well be dependent on the USSR or Nazi Germany, after all they're just people!
The sooner we get out of our nation state well of stability as a species? I don't know what dopey star trek fantasy land you are living in, but we are sooner going to destroy the world than join hands and all sing kumbaya. Especially if we allow some autocratic regimes to come to power.
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#797Earlier quoted context omitted.
> What will be America’s competitive edge in that scenario? I'm sure that the US still has many edges over China in high-end technology. I remember I read a research article back in 2012/2013 which listed all fields that China were lagging behind, including pharma, computer chips and some other stuffs. It's a fairly long list. I'm sure China managed to catch up in some of the fields but I doubt all of them.
There's a Australian study tracker, and I think things got way closer now... https://www.aspi.org.au/report/aspis-two-decade-critical-tec...
That doesn’t pass the sniff test.
China leads in 57 of 64 technologies but the US leads in only 7?
It ranks China far ahead of the US on aircraft engines, of which, China can’t even produce its own right now. What?
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#798I've always wondered why the supply chain has exponential price increase at each step. The example given (guessed at) is the factory produces the shoe for $12.5 and sells it to Nike for $25. Nike then sells it to Footlocker for $50 and they then sell to a customer for $100. Everyone expects to mark up their costs by about 100 percent. Why is that the case? Even if we say the markup isn't 100 percent, why is it a perc…
> chain has exponential price increase at each step.
The amount of risk increases at each step.
That $24 in "discounts." Almost certainly some amount of that is "shrinkage." Storefronts are expensive in more ways than one.
You could take your monthly rent and costs and then divide by size of a product times the average hold time before sale. Each item has to pay this price plus whatever you want in profit to "earn" it's place in your store. That time multiplier gets worse at each step with an extra kick in the behind if you took those items on credit.
The manufacturer holds the product for almost no time. The retailer may hold it for months.
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#799Earlier quoted context omitted.
Because $25 per "pair" of shoes is absurd. That's Nike "juking" the stats to make it look like they pay far more than they do per pair of shoes. For one thing, as a consumer you can buy individually shoes that are at least as good of quality as any Nike Shoe for anywhere from $8-$12 delivered. So the idea that Nike, in bulk, is running factories that are known to be questionable and paying $25 per shoe is "pure fanta…
The $25 number comes from Steve Bence, Nike's Program Director in Footwear Sourcing and Manufacturing. I would also take that number with a grain of salt, but another cited source, Sole Review, an independent sneaker review site, estimates that manufacturing a shoe that's $100 at retail shoe costs $22. So those are the article's sources. What are yours? I'm also curious about your claim about $8-12 shoes that are equ…
I can't believe Nike spends 25 dollars on the actual making of the shoes, it just doesn't add up.
Nike sneakers regularly sell to consumers for ~25 dollars, in brick-and-mortar stores, in countries that have 20% VAT.
Naturally Nike wants to claim their shoes are as valuable as possible, and they can perhaps somewhat truthfully claim 25 dollars by including the cost of R&D, sponsorships and marketing etc in the cost of making the shoes.
Then they can spread the total cost of Nike operations creatively over models that sell 1 million units and others that sell only 50 000 units.
If shoes cost 5 dollars to make but you feel you need to pay Serena and Tiger 20 bucks per shoe to sell them, suddenly they "cost" 25 to "make".
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#800Earlier quoted context omitted.
Yes, a small majority agreed. But that isn’t what I asked.
This is the problem - brexit meant something different to everyone who voted for it ... and the reality was never going to match up because we have binding agreements like the GFA which meant Northern Ireland was always going to have to be treated differently than mainland UK.
Well, only if you think the IRA/Sinn Fein should set UK foreign policy. We could have implemented an (EU-requested) north/south border in Ireland. Or not implemented one at all.