UK’s biggest suit seller is trimming its tailoring range as changing habits keep formal garb on the peg
Suits you sir? Maybe it doesn’t any more. Sales of formal tailoring have taken a fresh dive as chinos and trainers replace suits and ties in the office.
In a presentation to City analysts earlier this week, Marks & Spencer, the UK’s biggest menswear retailer, said it was cutting back its formalwear ranges and the space devoted to selling suits, pointing to a market-wide 7% fall in suit sales.
Related: Goldman Sachs relaxes dress code for 'more casual environment'
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