Greg Earhart at collegeswimming.com just posted a column that raises a troubling point about the new suits: collegeswimming.com/.../
What do you think?
Parents
Former Member
The LZR sells for $550, but how much does it really cost to actually make one of these hyped-up tech suits?
When you can buy a sophisticated electronic device such as (an iPod or an iPhone) for at lot less than the price of an LZR, it's quite obvious that Speedo is making a HUGE profit off these suits.
I've seen the inside of a major U.S. garment factory (American Apparel Inc. in downtown Los Angeles) and an LZR couldn't cost more than $15 to make in an automated factory. At $550 retail, they are being marked up by a factor of 36.66. :doh:
Who is the parent company of Speedo? They've got a bigger mark up on their product than the oil companies (that people are always accused of "exploiting capitalism"). Since this tech suit craze has taken off, I'm thinking of buying stock in the company!!! :banana:
Dolphin 2
The LZR sells for $550, but how much does it really cost to actually make one of these hyped-up tech suits?
When you can buy a sophisticated electronic device such as (an iPod or an iPhone) for at lot less than the price of an LZR, it's quite obvious that Speedo is making a HUGE profit off these suits.
I've seen the inside of a major U.S. garment factory (American Apparel Inc. in downtown Los Angeles) and an LZR couldn't cost more than $15 to make in an automated factory. At $550 retail, they are being marked up by a factor of 36.66. :doh:
Who is the parent company of Speedo? They've got a bigger mark up on their product than the oil companies (that people are always accused of "exploiting capitalism"). Since this tech suit craze has taken off, I'm thinking of buying stock in the company!!! :banana:
Dolphin 2
