So do you think in this economy, guys, even those of the well-heeled set, are willing and able to drop seven grand on an off-the-rack suit? Or how about twenty-one grand for a custom tailored suit? Well Saks Fifth Avenue is really hoping so as they've just opened a stunning 2,000 square foot Kiton boutique in their Manhattan store complete with marble floors and views of the ice skating rink in Rockefeller Center. Kiton is an luxury Italian brand that creates high-end, hand-made apparel, producing only a few thousand pieces total a year. I guess when you sell suits that cost as much as a car, you don't have to sell that many items.
So is Saks nervous about launching such an exclusive boutique in the current environment? Their President remains optimistic:
“A store like Saks needs to have the best product available. And I do think the man who wants to present himself in a certain way, he’s still out there.”
Kudos to you sir. We're happy to see that not everyone is capitulating in the fight keep the good life going.
via nytimes.com
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