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Have any of you guys been in the "shoe" business?
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<blockquote data-quote="DDD" data-source="post: 387885" data-attributes="member: 35"><p>Thanks for the input and the information. She has been given the rights to United States distribution. The manufacturer has been investigated and there is no slave labor involved etc. and the product is 100% soft leather. The designs are appealing.</p><p> </p><p>So...they are really excited that they have such a large protected territory etc. They plan to get sales reps in various states and hope to connect with a few major department store chains.</p><p> </p><p>This friend is the only peer friend I have. Like me she is a retired real estate broker. Her daughter & partner in this new enterprise has a business degree. The problem is (in my mind) that there is not enough differential between cost and retail to make it feasible. In my business there are multiple tiers from manufacturer to end user. on the other hand, I have no experience with retailing. I'm guessing that retailers (especially large ones if you can nail one) wouldn't invest big bucks unless they were netting at least 40 or 50%. Based on what my friend shared with me that doesn't seem possible and I don't see where the income would come from for their State representatives.</p><p> </p><p>If I "knew" instead of "suspected" that I was right, I would share info with her before they move further down the line.</p><p>I just hate to think of her losing what little retirement income she has. I appreciate the info you guys have shared and, obviously, I wish her well. DDD</p></blockquote><p></p>
[QUOTE="DDD, post: 387885, member: 35"] Thanks for the input and the information. She has been given the rights to United States distribution. The manufacturer has been investigated and there is no slave labor involved etc. and the product is 100% soft leather. The designs are appealing. So...they are really excited that they have such a large protected territory etc. They plan to get sales reps in various states and hope to connect with a few major department store chains. This friend is the only peer friend I have. Like me she is a retired real estate broker. Her daughter & partner in this new enterprise has a business degree. The problem is (in my mind) that there is not enough differential between cost and retail to make it feasible. In my business there are multiple tiers from manufacturer to end user. on the other hand, I have no experience with retailing. I'm guessing that retailers (especially large ones if you can nail one) wouldn't invest big bucks unless they were netting at least 40 or 50%. Based on what my friend shared with me that doesn't seem possible and I don't see where the income would come from for their State representatives. If I "knew" instead of "suspected" that I was right, I would share info with her before they move further down the line. I just hate to think of her losing what little retirement income she has. I appreciate the info you guys have shared and, obviously, I wish her well. DDD [/QUOTE]
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Have any of you guys been in the "shoe" business?
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