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My Product

Hi there! This is another assignment for my Parsons’ Fashion Course where I have to do a figurative final product of my brand and calculate its costs. I have to bring together an idea for my signature bag and the way I can express my visual style through fabrics.
For this assignment, I have to design within a constraint: using a striped fabric, and I can do that using any construction method I like. I might use the painting technique I tried earlier ( see Pinterest «Mixed Feelings ), or I could use duct tape to fasten strips of ribbon together. I can cut fabric strips and sew them, or even just use colored duct tape itself to form the stripes.
Finally, I decided to use a neoprene fabric that I had at home from samples I did for a collection. I used the black neoprene fabric as the main fabric of the bag where I sewed several striped trims. The trims make the stripes all over the bag. I used several widths and colours of trims, also with some fringes hanging down.
You have some pictures bellow:
This is the back of the bag where it has some stripes in two directions
Another view of the back
This is the front of the bag, with stripes and fringes
Another view of the front
Once I had the fabric; I cut 4 pieces of it following a pattern for a skirt. I hand-sewed the trims making the stripes on the fabric.
Then, I joined the 4 pieces with a sewing machine I have got. I combined one piece with vertical trims alternating with horizontal trims. I used the same trims as handles leaving them longer and sewing them to the opposite side of the bag. The two pieces on the sides of the bag were sewed in diagonal, going with the edges inside of the bag and cutting with scissors the extra fabric inside it.
I should calculate the cost of producing this bag and suggest a retail price.
Calculation grid:

In my opinion, it is expensive for an still unknown brand. It is handmade and it took me a lot of time to be produced. I crafted it at home. If I find a workshop and I ask for 20 bags, the production will be cheaper. I think I can do it half price, let’s see:

$62,65%2= $31,32 +30%profit= $40,71 + VAT= $49,26

The new estimated retail price will be $50

I perfectly can sell one bag that price

What do you think? Would you buy it?

Thanks for your opinion friends!

Xxx

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