Recently, we’ve released our Black Pack which includes an updated version of our Circular Hoodie. To give you an insight into why the hoodie is priced the way it is, we’re laying all of our cards on the table and transparently showing you our production costs.
Being radically transparent is important to us. We believe that people need to understand what exactly they are paying for if we want to redefine the relationship that people have with their garments. Only then can they move towards a more realistic value perception when it comes to clothes.
Before we start, let’s take a look at how we have defined each section to understand the breakdown better.
Cost of the materials and labor involved.
Full Circle Margin
The cut taken by Full Circle for business costs and profits.
How much the hoodie is sold for to our retail partners.
The cut taken by our retail partners for business costs and profits.
Value Added Tax applied to goods purchased within the EU.
How much the hoodie costs to purchase.
That’s it, our facts and figures on the cost breakdown of our new Circular Hoodie.
We’ll be sharing more information on the hoodie and other items from our Black Pack in the coming weeks.
If you have any questions about the pricing structure, or anything else for that matter, feel free to shoot us a message.
Team Full Circle