Off the topic of Ties for the moment I came across an interesting article from a trade publication that I thought I would say something about.
Because I sell ties and have grown up in the necktie industry my friends think I know about fashion. Well I may know a bit but really nothing more than anyone with an interest in reading magazines and journals would know. I know how a tie is made, I know what fabric makes a good tie and what doesn't but with suits I really am clueless.
When I need a suit I ask my friends who are in the suit industry for advice. I believe that you should always ask a professional and then make the final decision.
The article is about " THE PRICE OF A GOOD SUIT" and What's the difference between a value priced suit, a $2,000 suit and a $3,000 suit?
Various factors come into play:
There is an obvious answer to this question, ..“MARKUP.” However, what are the actual differences.
Other more technical answers are as follows:
1)BRANDING and MARKETING. These two factors can significantly impact the selling price of the garment.
2)WORKMANSHIP. Poor workmanship may be visible to the naked eye. Handmade suits require a lot of skill and is very time consuming.
3)FABRIC. The only characteristic of the fabric that influences the price of the garment is the price of the fabric, not the quality.
At the end of the day what really matters as in everything in life is perception of quality. Americans like a lighter fabric and the word " Super " means something. Case in point (Super 130's, Super 150's. ). Europeans prefer a heavier more tailored suit made with more durable fabrics and a European feel.
In conclusion price/value is something that is hard to quantify. Some people like more expensive hand-tailored suits and wont trade down while others cannot understand why anyone would spend $1000.00 and up to $8000.00 or even more on a true handmade bespoke suit.
At the end of the day a good value is something that you perceive is worthwhile. If you like the way the suit looks and feels then its a good deal.
I hope this has given a little insight into the question of pricing of suits.
Disclaimer: BuyYourties.com are not fashion consultants and everything in our blogs our own opinions based on our research. We suggest if you are looking for expert advice to contact a professional fashion consultant .