Cailin I listed the reasons for the price of some items. You can buy a bale of cotton for £50 or less and get it manufactured more economically.
But I thought we were talking about luxury goods.
A £50 or 60 Euro shirt could not retail for less than £125 in London. In more expensive parts of London, given rent, rates, other fixed costs and staffing it could easily have to sell for £300 or more for the shop to turn a profit.
That's not greed. That's profit margin. We do agree that people are entitled to make a profit, don't we? Otherwise no one would sell anything and we could just barter stuff.
Your example of a £30 shirt would retail in the same areas for proportionately the same. Maybe it would be worth it given its quality relative to its price at the till or just the general enjoyment it gives.
I'd guess that many 'designer' shirts come in at far less than £30 to manufacture but that's not my area of expertise.
Which is why I made a careful point of distinguishing between 'luxury' and 'designer' which aren't necessarily the same things.
I also listed some of the manufacturers and their different lines and gave my opinion on value for money which is not the same as retail price.
You mention Burberry. Burberry Prorsum, which I mentioned, is owned by the Burberry group and is its premium product. It has a lower profit margin than the average Burberry product because it is of better quality. Both are very expensive but the Prorsum label is much better value for money if you have that money.
I don't expect most people to know that. I do expect them to respect my knowledge.
Like you, I don't see why people don't admit things.
Like when they have inadvertently made a mistake.