Men’s Luxury Clothing Correction Needed

 

In a candid conversation with an executive at arguably one of the nation’s best specialty retailers, the current state of apparel sales was reported as such–  

Womenswear = tough.

Menswear = worse.

Men’s tailored clothing (suits in particular) = abysmal.

Answer = a wide-sweeping retail price correction is much needed in order to start the process of regaining consumer confidence. 

 

menswear suits

 

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