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Reddit - Ask me Anything (AMA)

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  • M
    mclaincausey
    見習いボス
    Joined: 12 Apr 2013

    Giles killed that AMA, someone said it was one of the most informative that they've had and I'm inclined to agree. Giles got into manufacture and went beyond the "what cut is right for me" kind of stuff that often occupies a lot of the AMAs.

    Think it, be it.

    last edited by 13 Jan 2014, 23:00 1 Reply Last reply Reply Quote 0
    • I
      irishexpat
      Joined: 1 Nov 2013

      real good stuff.

      Iron Heart, Empty Wallet

      last edited by 13 Jan 2014, 23:35 1 Reply Last reply Reply Quote 0
      • B
        beautiful_FrEaK
        Raw and Unwashed
        Joined: 15 Jun 2010

        That was a good read. Thanks

        last edited by 14 Jan 2014, 08:59 1 Reply Last reply Reply Quote 0
        • G
          Giles
          IHUK Crew
          Joined: 22 Sept 2009

          Thanks guys….

          "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

          last edited by 14 Jan 2014, 09:38 1 Reply Last reply Reply Quote 0
          • S
            Snowy
            Joined: 15 Jun 2012

            That was a great read. Some good questions and good answers. Thanks for doing it.

            last edited by 14 Jan 2014, 09:56 1 Reply Last reply Reply Quote 0
            • J
              jdl1279
              Joined: 3 Jan 2014

              This was really informative, the turnover on the 25oz 😞 How the hell do you find profits in that? Makes me appreciate the cranky bastards that much more. The variables I was unaware of and details G covered (thread detail and count, man knows his stuff) were impressive both because he just fired it off, and because the audience seemed to care about it as it was laid out. Thanks for taking the time Giles, I learned something from it all, and that will bring me back every time.

              Bourbon: because living in Kentucky just makes you want to drink

              last edited by 14 Jan 2014, 10:35 1 Reply Last reply Reply Quote 0
              • G
                Giles
                IHUK Crew
                Joined: 22 Sept 2009

                Yep, last but one time we ran a weave of the 25oz, we bought back USD12,000 of 2nd and 3rd rate fabric from the mill…....

                "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

                last edited by 14 Jan 2014, 10:40 1 Reply Last reply Reply Quote 0
                • J
                  jdl1279
                  Joined: 3 Jan 2014

                  Wow, that's gotta make folks buying from Japan sting all the more (sorry knowing as I do now I would have dug deeper, promise you'll get the balance in the long run). Do you know with all of that where you end up per pair? Sorry I can be off, profit margins and debt footprints interest me.

                  Bourbon: because living in Kentucky just makes you want to drink

                  last edited by 14 Jan 2014, 10:53 1 Reply Last reply Reply Quote 0
                  • S
                    Seul
                    Joined: 24 Nov 2009

                    Your praise and kind words for Haraki-san (and vice versa) is touching  🙂 Made for a great read, G!..

                    last edited by 14 Jan 2014, 10:58 1 Reply Last reply Reply Quote 0
                    • D
                      davito
                      Joined: 27 Oct 2011

                      Well done G great insights like always. Thanks

                      Cheers,
                      David

                      last edited by 14 Jan 2014, 11:03 1 Reply Last reply Reply Quote 0
                      • G
                        Giles
                        IHUK Crew
                        Joined: 22 Sept 2009

                        @jdl1279:

                        Wow, that's gotta make folks buying from Japan sting all the more (sorry knowing as I do now I would have dug deeper, promise you'll get the balance in the long run). Do you know with all of that where you end up per pair? Sorry I can be off, profit margins and debt footprints interest me.

                        We work on the basis that we do not need to make the same margin off everything we sell.  Margins on silver, leather and the 25oz are awful.  If that was all we sold, we'd go bust.  But we strive for an average margin that is acceptable, so yes, we make more on some items (the IH-634S being a prime example - we make so many of them our costs are reasonably low)…...

                        "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

                        last edited by 14 Jan 2014, 11:20 1 Reply Last reply Reply Quote 0
                        • J
                          jdl1279
                          Joined: 3 Jan 2014

                          I am glad there is some room for you after the trials of production. I understand no two things in any business carry the same margins, I have also been in the position where trouble jobs make your end barely worth the effort. The determination to get through the issues, even with a smaller margin, and then continue to expand the offerings in the difficult area is what impresses me. You have to bust your ass to make that work, tons of respect for it.

                          Bourbon: because living in Kentucky just makes you want to drink

                          last edited by 14 Jan 2014, 11:50 1 Reply Last reply Reply Quote 0
                          • S
                            sabergirl
                            見習いボス
                            Joined: 4 Oct 2013

                            This was so fascinating to read!  Thanks for taking the time, Giles.  I'm interested to know what happens to the scrap denim that can't be salvaged for pockets or other products.

                            last edited by 14 Jan 2014, 16:15 1 Reply Last reply Reply Quote 0
                            • G
                              Giles
                              IHUK Crew
                              Joined: 22 Sept 2009

                              We find projects eventually for them….

                              "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

                              last edited by 14 Jan 2014, 16:17 1 Reply Last reply Reply Quote 0
                              • S
                                sabergirl
                                見習いボス
                                Joined: 4 Oct 2013

                                Lovely!  It would seem a shame to waste such top quality materials.  I'd love to see what little things y'all have come up with.

                                last edited by 14 Jan 2014, 16:27 1 Reply Last reply Reply Quote 0
                                • M
                                  mclaincausey
                                  見習いボス
                                  Joined: 12 Apr 2013

                                  Coasters!

                                  Think it, be it.

                                  last edited by 14 Jan 2014, 18:08 1 Reply Last reply Reply Quote 0
                                  • S
                                    sabergirl
                                    見習いボス
                                    Joined: 4 Oct 2013

                                    Have there been 25oz. coasters, though?!

                                    last edited by 14 Jan 2014, 20:08 1 Reply Last reply Reply Quote 0
                                    • M
                                      mclaincausey
                                      見習いボス
                                      Joined: 12 Apr 2013

                                      Paraffin something would be great

                                      Think it, be it.

                                      last edited by 14 Jan 2014, 21:07 1 Reply Last reply Reply Quote 0
                                      • S
                                        seanocono
                                        Joined: 17 Oct 2012

                                        Just finished reading through the AMA.  Congratulations, Giles.  You knocked that out of the park.  If I weren't a huge fan of IH already, I would be after reading your thoughtful, direct, and informed responses.

                                        last edited by 14 Jan 2014, 23:13 1 Reply Last reply Reply Quote 0
                                        • G
                                          Giles
                                          IHUK Crew
                                          Joined: 22 Sept 2009

                                          Where is the blushing emoticon when you need one?

                                          "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

                                          last edited by 14 Jan 2014, 23:19 1 Reply Last reply Reply Quote 0
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