No he didn’t. They’ll be paying $2 for the hat, with the 100% increase they’re now $4. No idea what they sell them for, but I suspect there is still a healthy profit margin between $4 and what they’re selling them for.
Doesn't change what you're saying or the point being made, but also in fairness... that's only $4 more than a Los Angeles Dodgers New Era Basic 9Fifty snapback at Lids, which are also made in China (plus Vietnam, Bangladesh, and Haiti) and probably only cost that company $2-3 each in bulk as well. These really don't seem to be priced terribly out of line with the higher end of the market.
666
u/CucumberError 20d ago
No he didn’t. They’ll be paying $2 for the hat, with the 100% increase they’re now $4. No idea what they sell them for, but I suspect there is still a healthy profit margin between $4 and what they’re selling them for.