Transparent pricing
We reveal the pricing behind each step of the way; from main materials to metal parts, production, packaging and our own margin.
GET TO KNOW THE PRICING OF OUR FAVOURITE HILLA BELT BAG
We reveal the pricing behind each step of the way; from main materials to metal parts, production, packaging and our own margin.Barred-off, complicated value chains and unjustified margins are large-scale issues in the fashion industry. This can lead to massive issues of social injustice and environmental problems. The end customer is kept in the dark on who is actually getting paid on the process.To combat these issues we open up our own pricing policy as well as margins. This way, you can examine the pricing behind our products, told transparently.
Materials
Excess leather and textile serve as the main source of material for Lovia bags. Prices includes the sourcing and storaging materials.
€2.55
Hardware
The metal parts have an important role in our bags from the standpoint of true durability. A high quality main material is nothing without the details to match it.
€0.78
Production
Finding the right partners in our own production has been crucial in order to create a functional value chain utilising the rescued materials collected.
€93.00
Logistics
Our materials and ready bags travel between our headquarters in Helsinki and production in Italy via land freight in order to minimise emissions.
€1.65
Packaging
We have also chosen to only include the necessary packaging and information to minimise wasted resources and emissions.
€7.14
Total manufacturing cost
105.12€
Our transparent price
285€
Our prices are 2-3 times the manufacturing cost before taxes, with which we cover fixed costs, design and customer service.
Traditional retail price
650€
If we used traditional retail prices, which tend to be 5-6 times the manufacturing cost, this is what the price of this item would be.