Topic: What are brands importing? (Read 7541 times)

Tom · « **on:** May 22, 2014, 11:21:00 PM »

I get intrigued by these kind of things, understand you may not but it can give an insight into what brands are importing for the season and the cost. You'll also notice similarities between the format of the export, so you can almost identify who the exporter (manufacturer) is.

Just visit: https://www.zauba.com/export-cricket-equipment-hs-code.html

Examples:

GM imported 384 pairs of Apex Pro gloves (SD gloves) - at a item cost price of �4.80 each

Steven Davies got his 6 gloves for the season ordered back in Feb. Cost price - �19.27.

This is insane. Slazenger are importing thousands of cricket helmets A MONTH. In terms of product pieces sold, they must be the biggest brand in the UK. And look at the margins, this is sold through their SD retailers at �22. Cost price, �4.47 (helmet and faceguard counted seperate). With the BSI regulations changing on the 30 June, it is highly possible though that they are 'stockpiling' old helmets, to give them a long sell through period.

You may need to search model names, instead of brand names to get the good stuff. But there's plenty of Kooka, GM, GN, Puma, Slaz, Spartan to be trawled through. Some brands are much smaller than you may think

Tom · « **Reply #1 on:** May 22, 2014, 11:39:08 PM »

Some brand also selling thousands of SH low grade cricket bats... Wonder who that is.

Insane quantities going through. 2,600 �7 SH bats being imported each month.

sarg · « **Reply #2 on:** May 23, 2014, 04:55:13 AM »

Amazing seeing the mark-ups on equipment. Didn't know that information was available. Insightful. Thanks Tom

toenails97 · « **Reply #3 on:** May 23, 2014, 06:27:26 AM »

Costs kookaburra �80 for a kahuna pro players bat heading to Australia, the profit they are making is nuts!

smokem · « **Reply #4 on:** May 23, 2014, 06:36:00 AM »

Tom, based on your experience are these declared values correct? I know some businesses under declare imported goods to reduce taxes/duties. But I'd imagine the big brands wouldn't as their books need to be pretty spot on?

criclove70 · « **Reply #5 on:** May 23, 2014, 06:45:34 AM »

I think though we have to take into account shipping,taxes(countries)customs clearances and also the huge amount of money the companies pay to the players still have to be added on.Also the overheads of rent power marketing general staff.

ProCricketer1982 · « **Reply #6 on:** May 23, 2014, 07:28:16 AM »

As interesting as ever Tom. I do find it interesting to see the true value of kit compared to what the public is charged.

Tom · « **Reply #7 on:** May 23, 2014, 07:42:54 AM »

Quote from: smokem on May 23, 2014, 06:36:00 AM

Tom, based on your experience are these declared values correct? I know some businesses under declare imported goods to reduce taxes/duties. But I'd imagine the big brands wouldn't as their books need to be pretty spot on?

I've compared the kit that I know the cost price for (for example the Rebel range which was imported) and it seems to be correct, or near as damn it. Companies should declare the correct values for their books.

Some more searches:
https://www.zauba.com/export-msd-bat-hs-code.html
https://www.zauba.com/export-xenon-cricket-hs-code.html
https://www.zauba.com/export-original+le+cricket/fp-united+kingdom-hs-code.html

uknsaunders · « **Reply #8 on:** May 23, 2014, 07:50:07 AM »

The Rupee has fallen significantly against the Pound in the last 4 years, so things appear to be getting cheaper.

fasteddie · « **Reply #9 on:** May 23, 2014, 07:53:57 AM »

Thanks for that. It's fascinating, looking under the lid of a new industry.

It does make you wonder why there isn't a 'fair trade' cricket brand (my idea, I got there first).

Workers in India and the other manufacturing nations deserve a fair and representative wage for the great kit they produce. I understand the economic arguments, but if we extended the 'fair trade' model into cricket we would support these people more.

Gingerbusiness · « **Reply #10 on:** May 23, 2014, 07:57:16 AM »

Each MS Dhoni LE bat is costing them �95 to import.

Romida sell them for �400.

No wonder some English brands struggle to compete with bat companies and their equipment coming out of India, especially with the investment which is now coming out of there.

Remember speaking to the guys at Hunts County about the 'tiny' margins in cricket equipment... Times have changed

Gingerbusiness · « **Reply #11 on:** May 23, 2014, 07:58:56 AM »

Quote from: fasteddie on May 23, 2014, 07:53:57 AM

Thanks for that. It's fascinating, looking under the lid of a new industry.

It does make you wonder why there isn't a 'fair trade' cricket brand (my idea, I got there first).

Workers in India and the other manufacturing nations deserve a fair and representative wage for the great kit they produce. I understand the economic arguments, but if we extended the 'fair trade' model into cricket we would support these people more.

Cricket brands have always produced �400 bats to target the 'cash rich, time/knowledge poor' individuals.

Would always be a niche for a fair trade brand.

Neon Cricket · « **Reply #12 on:** May 23, 2014, 08:06:11 AM »

This website is fascinating - especially when I've just found my supposed new supplier selling the same kit to other companies for a good �10 per item less... after being assured we all pay the same - even more annoying when their quantities are less than mine!! Time for a substantial discount I think...

tim2000s · « **Reply #13 on:** May 23, 2014, 08:13:26 AM »

Quote from: Gingerbusiness on May 23, 2014, 07:57:16 AM

Each MS Dhoni LE bat is costing them �95 to import.

Romida sell them for �400.

No wonder some English brands struggle to compete with bat companies and their equipment coming out of India, especially with the investment which is now coming out of there.

Remember speaking to the guys at Hunts County about the 'tiny' margins in cricket equipment... Times have changed

Spartan are not selling huge numbers (yet). The bat costs �95 to the distributor in the UK. There is also shipping to the UK that is not included in the customs return.

Once it is in the UK, it needs warehousing, with all the overheads of that, plus staff and systems, not forgetting the distribution to the retailer.

The retailer then needs to cover their costs and when selling it on also has VAT in the mix.
Each step includes a profit margin for the party involved.

The margins will not be huge.

The return into the pocket of the retailer on a �390 bat is �325. If we take �95 out of that for the cost of the goods, we have �230 to distribute between the distributor and the retailer. The margins really aren't going to be huge given that covers two sets of overheads and retailers won't be selling top end bats in large numbers.

smokem · « **Reply #14 on:** May 23, 2014, 08:16:17 AM »

Quote from: Gingerbusiness on May 23, 2014, 07:57:16 AM

Each MS Dhoni LE bat is costing them �95 to import.

Romida sell them for �400.

That's not �95 each to import. This is declared value of a bat before shipping (via air cargo it would appear), customs and duties.

Author Topic: What are brands importing? (Read 7541 times)

Tom

What are brands importing?

Tom

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sarg

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toenails97

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smokem

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criclove70

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ProCricketer1982

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Tom

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uknsaunders

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fasteddie

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Gingerbusiness

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Gingerbusiness

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Neon Cricket

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tim2000s

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smokem

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