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Italian Suit Prices On The Rise
Filed under: Apparel
As the U.S. economy continues its weaker state, the European economy is doing well and that difference even trickles down to the price of Italian suits in the U.S. The spike in cost this season is expected to be anywhere from 5-25% compared to last spring. Although most of the price increase can be attributed to the stronger Euro and its impact on American customers, the innovation behind creating new suits as well as their production is also contributing to the cost. The young, up-and-coming, six-figure men will be the ones most affected causing the industry to rely considerably more on the older, multi-millionaire types to pick up the slack in sales. But when it comes to a power suit, for any man in business, who can put a price on something that makes you feel like a winner.
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