Licensing would probably be about 10-12% of retail but given it's all the same company that's just shifting profit internally.
Obviously social media campaigns cost but I don't think the advertising campaign has been costly enough to reflect the cost of the product against the retail.
People will buy it though so I guess they've priced it right and watches are something where the increase in quality is pretty marginal compared to the increase in cost.
Licensing would probably be about 10-12% of retail but given it's all the same company that's just shifting profit internally.
Obviously social media campaigns cost but I don't think the advertising campaign has been costly enough to reflect the cost of the product against the retail.
People will buy it though so I guess they've priced it right and watches are something where the increase in quality is pretty marginal compared to the increase in cost.