Adidas warns Trump tariffs will put up US shoe prices

Thats ******* horrible.
You don't like quality boots?

also these
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This is bad news for fashion conscious Americans. Im a gazelle man myself.
The sense I am getting is that they dont know which way to turn.
It must be a nightmare running a business in todays trump chaos.

Wow, their 12,000% markup isn't enough for you, huh?
 
LOL oh no! Shoe companies that manufacture their shoes for $3 dollars in sweatshops overseas and sell them here for hundreds of dollars might lose some profit!


The horror!
The U.S. GOVERNMENT put the Shoe Companies/Manufacturers out of business in the USA in the 1980's with their trade agreements in places like China, and Brazil, where most dress and casual shoes (excluding athletic) are manufactured today.... And the government refused to put caps on what could be imported, which could have saved the U.S. Shoe Industry...for maybe a decade, in the least...but eventually the U.S. manufacturing industry would have been priced out and died, only at a slower pace, I suppose.

Only the Shoe Companies that could manage to convert most of their manufacturing oversees survived... for a little while....anyway. The Shoe companies left in the USA are primarily headquarters of a Brand of Shoes, where presidents, CEOs , CFOs, Designers for the product, marketing managers creating the next season's line of shoes, production planners and managers of the inventory coming in from overseas, the warehouse and staff used as a staging place for shipments to your customers after they arrive in the US, accounting staff, inventory managers, sales analysts and people like that....

But no factories in the USA manufacturing their shoes anymore....those shuttered many decades ago... ( there are some manufacturers in the USA but their production is small, very limited)
 
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Adidas warns Trump tariffs will put up US shoe prices
This is bad news for fashion conscious Americans.
Who gives a stuff? I don't buy Adidas nor do I buy American products. In fact, "fashion consciousness" is for the pretentious and the camp. I am neither.
 
The U.S. GOVERNMENT put the Shoe Companies/Manufacturers out of business in the USA in the 1980's with their trade agreements in places like China, and Brazil, where most dress and casual shoes (excluding athletic) are manufactured today.
Yup. Thanks to “free trade” idiots in Washington.

Thankfully President Trump is reversing that.
 
15th post
Some adidas products are worth twice as much. There is a store in town that repairs old trainers as a business.

Do they use child slaves, like Adidas does to make the shoes?

And you didn't answer my question; are Adidas' 12,000% markups not enough for you and your billionaire overlords?
 
You think they deserve higher profit margins than these?

View attachment 1106546
That's a very deceiving chart... Read this link if you don't want to read my very long post...


The cost shown is only production cost, FOB cost (freight on board)
The brand then pays freight costs and insurance costs, and taxes, tariffs and duties which vary by material content in the shoes, and unloading and reloading g and trucking costs to their warehouse and peop!e to oversee all of that taking place, before you have a LANDED cost for the product....when I worked with the type of duties/tariffs we had to pay, and all those other expenses we had to pay to land that shoe in to the USA and pay the finance officer who handled all the nitty gritty like letter of credits with the banks,

and on some shoes primarily in a fabric material we estimated with tariffs etc about 35% added to the FOB cost, before it was sitting in our warehouse...and that was 20 years ago....

A $30 production cost shoe shown in your picture is really about a $40 cost shoe for the manufacturer/wholeseller once expenses are paid, who sells it at a 50% margin to the retailer, so they sell it for $80 to the retailer to cover all the overhead and expenses of running the business headquarters and warehouses. So Adidas is selling it to the retailer for $80 and NOT for the $160

AND the Retailer gets a 50% mark up on the $80 they paid for the shoe, so they retail it for the $160...not the shoe manufacturer Adidas which is implied the way your pictures show.

Adidas only makes around 5% profit when said and done, Nike could make around 10% profit when all said and done. It isn't this $30cost with a $160 retail in the pockets of Adidas.
 
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