Times have changed. Ready-to-wear suits are out, not because we don’t like them or don’t have money, but because we can work in our underwear. For better or worse, today’s brand interaction is primarily in digital dress, replacing the door-to-door salesperson of yesteryear.
If you’re an investor, you’ve likely heard buzz about the possible consolidation of budget suit retailers Jos. A. Bank and Men’s Wearhouse. Mergers, acquisitions, and bankruptcies have little to do with the usual topics on the Brain Juice blog, but I feel the health of the suit industry does. Continue reading →