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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?

#801

Earlier quoted context omitted.

That was before the US decided to shoot itself in the face with economic policy.

Yes, but this will likely hurt China as well. You can't assume only the US will be hurt by this.

Right now USA is alianating everyone.

I'm in germany and i'm pissed. I will not go on holiday in USA and thinking proactivly how to boycot USA.

And i'm not even a company. A company wants stability, predictability and not chaos every 4 years. And this president is in office for only a few month.

Whatever strategy companys currently try to do is either sitting it out or starting to adjust. The adjustments might not just go back when USA is more stable again.

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

#802
post #55

Earlier quoted context omitted.

Can you propose something better that provides money and purpose? Keep in mind that most people are unwilling and unable to sustainably maintain self-employment.

Something like a grant from the government to work on your project of interest with no expectation that it be commercially successful. You want to be an artist the government gives you a grant to support yourself while contributing to the cultural lexicon. Scarecity is manufactured today for profit and not real; nobody needs to work at a 7/11 but they are essentially trapped into those sorts of jobs because they are…

so your idea is basically to mooch off of people who do have productive jobs, by proxy of the government?

there is no such thing as an art-based economy

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

#803
post #151

Earlier quoted context omitted.

Why on Earth would taxpayers give their hard earned money to other people to work on their "projects of interest"? Scarcity is very real, I'm not sure why you would feel otherwise. Fortunately, we have largely eliminated scarcity of the necessities of life due to economic policies that are as far from your suggestions as possible, but that doesn't mean that they are produced at no cost or that scarcity in general doe…

Maybe it is more meaningful for people to be creative than it is to staff yet another sheetz on the side of the road because truckers tend to piss and need smokes at that intersection. But who knows maybe you are right and it is better we take on jobs at a local gas station if we have such a wonderful opportunity like that in front of us. So much innovation is produced as we know from people who have the opportunity…

meaningful for who?

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

#804

Earlier quoted context omitted.

Fair, but he's not exactly a shining beacon of the best we have to offer.

Half your voting population deemed him to be fit enough to represent them

yea all voting population voted. ironic comment talking about intelligence.

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

#805

Sorta related: Those Crocs/clogs shoes have been extremely popular for a few years now. ... I've always wondered how much it costs to make that type of shoes (Crocs/clogs) - it can't cost more than $1 to make most of them; they're just injection-molded, right?

You can buy Croc knockoffs at the "Dollar Store" yet Crocs still exists. Why? Is it purely first-mover advantage/brand or is there an engineering edge?

knockoff crocs suck. i have them. why ?

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

#806

Sorta related: Those Crocs/clogs shoes have been extremely popular for a few years now. ... I've always wondered how much it costs to make that type of shoes (Crocs/clogs) - it can't cost more than $1 to make most of them; they're just injection-molded, right?

You can buy Croc knockoffs at the "Dollar Store" yet Crocs still exists. Why? Is it purely first-mover advantage/brand or is there an engineering edge?

i have them. knockoff crocs suck. why ?

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

#807
post #787

Earlier quoted context omitted.

Yesterday your vice president referred to the Chinese as "peasants".

No, he said “"We borrow money from Chinese peasants to buy the things those Chinese peasants make” He did not refer to all Chinese as peasants. China would like you think that though.

While it is true that Vance did not literally refer to all Chinese people as peasants, I do worry that such rhetoric will stoke the flames of racially motivated anti-Asian/anti-Chinese attacks.

I don't want to discuss whether he is genuinely racist; I think that's besides the point. Words can have a lot of impact, especially when uttered by a public figure in such a powerful position. I don't think it's unreasonable to expect the Vice President of the United States to carefully weigh the consequences of his words before speaking.

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

#808

Earlier quoted context omitted.

It will never happen because of economies of scale. What type of intervention of the free market do you approve of as an alternative that would incentivize local production over economies of scale? It essentially comes down to tarrifs and protectionism. Free market means voluntarism. You say that consumers ought to have the freedom to source goods anywhere, but the only way to preserve this "freedom" is to either for…

If a product becomes unstable due to increased competition it's not exactly been stable before. Also the whole premium is quite off. You got good items for fair prices before factories started producing bread. Often at higher quality. I'm old enough to remember. Honestly seems like the current market is only working because of regulation and protections of all kinds. That to me is a clear sign of volatility.

what

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

#809

Earlier quoted context omitted.

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 o…

They're not saying the incremental cost of making a single shoe is $25. They're saying that, after everything is accounted for, it costs Nike approx $25 to get a $100 retail shoe onto a boat in China.

And yes, Nike has cheaper shoes too, but per article, if it's retailing for $50, it probably costs $12 tops to make.

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

#810

Earlier quoted context omitted.

The USA is also below replacement levels.

US birthrate is 1.6, really bad, but by far less disasterous and permanent as China's 1.

I Googled: china fertility rate 2024

A couple of reliable sources say: 1.7 births per woman

Where did you get 1?

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