Economic downturns come and go.
It has nothing to the current economic issues, The Row has had problems for years, with less and less people going for a bespoke suit made within the Savile Row bespoke suit. Just look at the number of people employed from the early 1900's to a few years ago.
I think Savile Row should retain its original character rather than adapting to the new trends.
As WA points out
"I find it amusing that SR has turned to RTW and MTM, but not into proper advertising, saying We are here, come to us, this why we are better".
They do not really want to advertise but they need too. G&H does some basic advertising (which is poor anyway) but nothing for its bespoke suits. They are not attracting the young generation, the men who need at least 3 suits for work and a dinner suit. The men that be coming back for blazers and trousers for the normal wardrobe. If these men buy 11 suits (3 suits at a time, 3 times; & 2 dinner suits) in their time, that is at least £22-39k and then passes the tradition to his son, that is at least £44k-£78k. This is excluding money made from getting their normal wear from The Row or even more suits. Maybe that person wants to wear a different suit everyday of the week and maybe get his wedding suit made on The Row too. If Armani can hook people and they only wear Armani suits, then The Row should too.
Tom Ford and Calvin Klein have got suits made on Savile Row for a reason; however, they along with celebs are not the people who will coming back for 40 years and passing the tradition.
I used to shop at a G&H concession at busy department store (Bentalls, in Kingston-upon-Thames) as it was easier for me then going to The Row, I was the only returning customer that was under mid-30; on The Row they tried the awful Gieves line. They need to focus on their main line, advertise it and says this is why all these people have shopped on The Row - why spend £500 on something that is poorly made with a label on it when it will only last 18-36 months, when you can get a quality suit that should at least 10 years. For the really young generation, they know you cannot go bespoke because of cost but have this good quality MTM range, which should a long time. Then hook these people for bespoke when they need new suits and have the money.
When I needed suits for work, I just got the blazers for two; I tried to get a matching blazer for a third trouser but they did do blazers for it, so got a RTW instead. The usual brands were advertising and appealing to me. Let's just say if I needed three suits and was not sure where to go, it would be more likely that I walk on Bond Street then Savile Row - Armani, D&G, Prada, RL, etc would be appealing to me.
I am already hooked on the tradition, the only questions are i. money and whether I could go bespoke for all my suits, blazers and trousers or mostly MTM with some bespoke items ii. and from who. However, what about the others. I work as a contractor, so have worked in a number of different offices (7) and add friends from uni, etc and so far I have not met one person under 30 who has gone to Savile Row for a suit (RTW, MTM or bespoke). The closet was some Boateng fans who have never been to any of his shops.
A friends brother spent about £2k on an Armani suit; he knew about The Row and did not find it appealing although it repsected The Row - that is a bespoke suit for Steed or Westmancott. One of my cousins earns £48k annually, he will new suits for work in a year or two, will he go to The Row - I doubt it. If I earned that much, I would have 5 bespoke suits, 1 bespoke dinner suit and varies blazers and trousers. He is more of a casual dresser so will only need 3 suits, that is £10k for G&H that they would miss out on.
Lanvin will arrive soon and suspect more will too.