The fashion industry definitely works on a trickle down basis. The "new traditionalism" trend, and lets be cynical about it and call it a trend, started about 6 years ago, perhaps as a reaction to the minimalism and modernism of the late 90s, and really took off in the Fall/Winter 1999-2000 season, with renewed interest in "traditional" materials and tailoring - tweed, corduroy, flannel became fashionable (sorry, "stylish", again.) Following seasons brought back the suit in various incarnations, with the predictable references to the Mods, the Rat Pack, and Cary Grant. (Pause for a moment. Think hard. When did I suddenly become aware and interested in "lasting" style and in "fine workmanship"?) The fashion cognescenti are the first to take up and discard these trends, while the second tier aficionados are a little slower on the uptake, but provide the critical mass to make a fleeting trend part of the mainstream. And several years later, mass marketers jump on the steamrolling trend, and I'm sure that you'll see lots of chisel-toed loafers worn with City Boy chalstripe suits on the street (or at least at interviews) for a good long while to go. Congratulations gentlemen, you have just taken part in a wonderful marketing experiment.