Do you own a hoodie? Most of us do. However, I bet you don’t own the insanely popular sweatshirt from American Giant? At least not yet!
The zip up hoodie, made by the San Francisco startup American Giant, costs $89. I know what your thinking. There is no way in the world I’d pay that much for a plain hoodie! It might surprise you to know that you’d be in the minority. These single-colored full zip sweatshirts were on the market for only 10 months before many declared it “the greatest hoodie ever made”.
The pace of growth was so rapid that back-order waits grew to as long as four months. But people continued placing orders regardless of the wait.
With its expansion into new factories, the company has begun selling T-shirts, sweatpants, and a women’s line. In the meantime, demand for the sweatshirts hasn’t slowed. The hoodie is currently sold out of most sizes and colors.
So what’s so great about this hoodie, anyway?
For starters, it appears to weigh more than two pounds. The fabric, which is 100% cotton, feels about three times thicker than most sweatshirts. And ribbed paneling along the shoulders and sides help create a tailored look, eliminating the boxy silhouette of most hoodies. the startup company said they spent about eight months designing it with the help of former Apple engineer Philipe Manoux and world-renowned pattern designer Steve Mootoo.
Customers appear to love the quality and fit, calling it “shockingly well made” and “absolutely fantastic” in dozens of reviews on the companies website.
“This sweatshirt is seriously worth the wait, and awesome for the price, too. I’m considering ordering more to stock up for the rest of my life, but I’m not sure this one is ever going to wear out,” one reviewer wrote.
Another said: “The hype around this hoodie seems absurd. But once you try it on, the quality really does take you by surprise. It’s unlike any hoodie — or any other piece of clothing — I’ve ever owned. A must-have.”
An equal — if not even bigger — draw to American Giant’s apparel over the fit and quality is that it’s all made in the US.
The company advertises that it’s “bringing back American manufacturing” and pledges to never outsource jobs overseas. It can afford the higher labor costs in the US because it is a direct-to-consumer business and therefore avoids expensive overhead associated with brick-and-mortar stores.
To keep costs down, American Giant CEO Bayard Winthrop said he doesn’t plan to open any pop-up shops, like many e-retailers have done. He also hasn’t made any investments in major marketing campaigns. He said the sweatshirts have all been selling by word-of-mouth. The company offers $15 for referrals to help that process.
“One of the great unspoken, dirty secrets about the apparel industry is that brands for the last 40 years have been investing a tiny amount in the product to sustain huge marketing and huge distribution costs,” Winthrop said. “In American Giant’s case, we do almost the exact opposite of that.”
Looking ahead, Winthrop said he plans on sticking to the basics: T-shirts, jackets, hoodies, and sweatpants.
“When we think about next year, just being in stock — not expanding the product mix — but just being in stock will be a huge lever up for us,” he said.
As for this writer, a good hoodie can be worth its weight in gold. With that being said the price of this 2lb hoodie sounds like a steal. What do you think? Comment to us on this or any other topic of discussion.