What is the floor price for Men's Brown items?

The floor price for Men's Brown items is set at $20. This figure represents the minimum price at which these items are sold, ensuring that they are not undervalued in the market. Establishing a floor price protects the brand's integrity and encourages perceived value among consumers. This pricing strategy is critical for maintaining profitability and helping buyers associate a certain quality level with Men's Brown items. It also prevents price wars that can occur when items are sold too cheaply. By strategically setting the floor price at $20, the company focuses on sustaining quality and profitability while still remaining competitive in the market.