Tim Correll· Registered
Japan and Russia will also continue to create demand for higher end products made of better fabrics.There will always be people who appreciate fine clothing. For most this is a luxury that has no practical purpose. Temperature controlled buildings and transportation has eliminated the practical need for much of our clothing and global warming as well as migration to warmer climates has furthered this trend. I think you will see a continued loss of brick and mortar men's stores. BB/JAB/MW are all at risk over the next 10 years. Even higher end stores like Zegna and the like are at risk. There will be consolidation but a few flagships will remain. My guess is Europe and China will continue to create demand for higher end products made of better fabrics. It's not like human kind will suddenly stop appreciating the feel of fine fabrics - the hand of beautiful wools and silks - more just the average American will have no interest in wearing them.