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July 29, 2021 Facebook/RefineryHK The Covid-19 pandemic has brought Hong Kong’s world-famous tailoring industry to its knees, says Stanton Ho, co-founder of menswear establishment Refinery. Dressy social occasions have been lost in the dust of lockdowns and social distancing rules. Office rules and dress codes have changed, perhaps forever. The world is distracted by an unfolding tragedy that has paralysed businesses and upended lives, and stylish formal workwear has been shelved – at least for a while. The tailored business suit, worn almost as a uniform at office meetings and conferences around the world for a century, has lost ground and may be on the way out, especially for younger generations. ....
From suits to T-shirts: Menswear shops face hard times as pandemic alters trends Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ The menswear section at Meitetsu Department Store offers suits made of stretchable materials. | CHUNICHI SHIMBUN Chunichi Shimbun Apr 12, 2021 It’s the time of the year when you see new students and fresh graduates starting jobs dressed in brand new suits for a fresh start in April. But with more people working remotely from home due to the pandemic and recent trends leaning toward casual office clothes, suit sales have been pushed down. ....
Feb 28, 2021 The coronavirus pandemic has widened a divide between winners and losers in the retail apparel sector in Japan as an increasing number of people prefer reasonably priced functional garments and move away from traditional business wear. Among the beneficiaries is Workman Co., known for its blue-collar apparel. The number of Workman stores across the country had reached 902 as of the end of January, surpassing the 809 stores run by Fast Retailing Co. s Uniqlo casual clothing chain, with its product lineup expanding to sports and outdoor wear. In the current business year ending in March, Workman expects its sales and operating and net profits to grow for the 10th straight year. ....
Men's clothing retailer Aoyama Trading Co. will reduce floor space at about 400 stores, in the face of falling demand for business suits reflecting the spr ....
These Are the Winners and Losers in Japan’s 2020 Stock Market Bloomberg 12/30/2020 Kurt Schussler (Bloomberg) More time at home, reduced mobility and billionaire Masayoshi Son helped drive stocks in Japan in 2020, as the coronavirus pandemic became the dominating force separating winners from losers. While the stay-at-home trend boosted game makers and online retailers including Nexon Co. and Mercari Inc., heightened health concerns saw drugmakers and medical-care innovators such as M3 Inc. also feature among the biggest gainers. At the other end of this teeter-totter were companies that thrive on domestic movement and foreign tourism: stocks tied to oil and autos, railways and airlines, as well as brick-and-mortar retailers. ....