Blog: More money than sense?
Leonie Barrie | 2 July 2010
R.Jewels Diamond Edition suit
I can think of plenty of things I'd buy if I had around GBP600,000 to spare, but I'm pretty certain a suit wouldn't be one of them. Tailor Richard Jewels obviously thinks differently, and is clearly banking on demand for what must surely be the world's most expensive suit.
With an eye-watering GBP599,000 (US$910,000) price tag the cashmere, wool and silk two-piece took 600 man hours to create - that's GBP1000 an hour - and has been embellished by jeweller Stuart Hughes with 480 diamonds. Only three are being made.
"I hope to establish a luxury brand that will not only capture the eyes but the hearts of the consumers," Jewels said. He's promising unrivalled customer service and all-expenses paid trips to luxury destinations such as the Arc en Ciel in St Lucia as part of the package. But if you've got that sort of money to spend on a suit I'd have thought you'd already have your own Caribbean island by now.
Confirmation that digital supply chains are top of mind for apparel industry executives came last week with the latest plans from global sourcing specialist Li & Fung....
As a barometer of the issues top of mind for apparel sourcing executives, it is hard to beat the annual Prime Source Forum in Hong Kong. ...
Over the past month, Donald Trump and his team failed to offer any clear plan to ensure Americans would "Buy American, Hire American" - while the British government's attempts to clarify the specifics...
The Bangladesh government was forced to respond late last week to pressure over its crackdown on labour activists after a number of global brands and retailers, including H&M and Inditex announced pla...
- Rana Plaza four years on – Timeline of change
- Trump and Brexit get a dose of pragmatism
- Industry groups reaffirm commitment to Bangladesh
- Using worker surveys to drive supply chain change
- Where does VF supply chain sit in growth strategy?
- Nike filed patent for "reinforced denim"
- Gap unveils five-year sustainable fibres pledge
- US textile industry applauds Trump executive order
- Pentland Brands reveals Berghaus factory list
- Adidas and Reebok top transparency index
- Global market review of denim and jeanswear – forecasts to 2022
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Clothing Market in the Top 5 American Countries to 2021 - Market Size, Development, and Forecasts
- Myanmar - ISA Country Report