G&M - "My recession suit" article (stats inside)

[UserNameToronto]

http://business.theglobeandmail.com/.../Business/home

From Toronto's Globe & Mail.

"There is a desire to look professional and to feel like you've got your act together, especially in a recession," said Kaileen Millard-Ruff, director of fashion at market researcher NPD Group.

Last year, as the economy began to dive, sales of men's apparel over all dropped 2 per cent while sales of men's career wear rose 2 per cent, according to NPD. What's more, sales of suits rose 10 per cent, while dress pants were up 8 per cent.

The growth was driven by younger men, such as Mr. Conn. Among men 35 and under, career wear sales rose 12 per cent to $361-million in 2008; those sales slipped 3 per cent to $526-million among men 35 to 54.

As with all G&M articles, please do yourself a favor and don't read the "comments" section.

 

[cmeisenzahl]

Good link, thanks.

 

[axe]

The comments make my head hurt.

 

[UserNameToronto]

Originally Posted by axe

The comments make my head hurt.

I warned ya!

The weird part is that the G&M is actually a great paper. It's like the mouthbreather commenters wandered over from some lesser rag like the Toronto Sun or Star.

 

[MrDaniels]

I really want to get me some of 'dem Walmart dress shirts!!!

 

[MLIW]

Quality Job, Quality clothing I can see any positives to wearing cheap clothing...?
Your not going to have an executive turn up to a board meeting wearing a dodgy shirt!

 

[MrGimpy]

Originally Posted by MrDaniels

I really want to get me some of 'dem Walmart dress shirts!!!

That thick polyester blend sounds absolutely sinful...but at $10 a shirt, only an astronaut could afford them!