Champions of the World shops have dropped the prices of replica All Blacks jerseys and All Blacks Rugby World Cup jerseys following fellow retailer Rebel Sport's decision today to cut its prices.
Rebel Sport told NZPA it was slashing the price of replica All Black jerseys by $50 after a meeting with jersey manufacturer adidas today. Adidas refused to back down on the price it sold the jerseys to retailers for.
Champions of the World owner Gary Marshall said its management team decided this morning it would cut the price of the All Blacks replica jersey to $150 and the World Cup jersey to $170, down from $189.99 and $219.99 respectively.
Online prices would change overnight.
Mr Marshall said the decision would cause the chain an estimated loss of $200,000.