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|Articles - May 2011|
|Wednesday, April 20, 2011|
Page 1 of 2
By Susan Hauser
The Wall Street Journal recently reported that the market for European custom suits is bursting at the seams. Bespoke tailors on London’s famed Savile Row are chalking up a huge surge in business, as are custom tailors throughout Italy, France and Britain.
Does this European bespoke trend translate into Oregon-speak? At Portland’s fine menswear shops, owners and managers briefly set aside their measuring tapes to share the news that yes, indeed, Oregon businessmen are again investing in their own suave style as the economy improves.
“We’re seeing a tremendous increase after a two-year drought,” says Tony Spear, owner of Este’s Men’s Clothing in Northwest Portland. “People were holding on to their clothes, so alterations were up. My tailor was making money, but we weren’t.”
Spear says business was off by 20% in 2007 and 2008, “and we were in better shape than most.” But it got even worse in 2009, dipping down 35%.
Now, he says, “There’s a huge resurgence in clothing sales because these guys didn’t buy stuff for two years.”
John Helmer III, third-generation president of John Helmer Haberdasher, reports the same at his store. “Sales of suits are way up, 47% above last year,” he says. “Of course, that’s from being kind of down.”
At Mario’s in downtown Portland, made-to-measure director Jake Hanover says men are apparently again willing to spend a considerable sum for a good suit. Even with an “entry-level” price of $1,400 for an Italian made-to-measure suit, Mario’s is seeing what could be called a boom — at least when compared to the past few years.
“Flat was the new up,” says Hanover, recalling the industrywide slump, when the recession brought losses from 35% to 50% to menswear specialty stores. “If you equaled the year before, it was a win. But now we’ve gone into a few quarters of actual gains — a steep enough slope that you could ski on it.”
Friday, May 22, 2015
BY JOE CORTRIGHT
How conservation stimulates the local economy.
Friday, May 22, 2015
BY HANNAH WALLACE
Travelers have always come to Oregon for its natural beauty. But will the increasing popularity of agritourism, European-style hiking getaways and forest resorts relax Oregon's notoriously strict land-use laws?
Thursday, June 25, 2015
An international architecture firm known for its design of the National September 11 Memorial Museum Pavilion in New York unveiled its plan this week for a modern indoor/outdoor food market at the foot of the Morrison Bridge in downtown Portland.
Thursday, May 21, 2015
BY JASON NORRIS | GUEST BLOGGER
Uncertainty is a part of doing business, whether in through the lens of investment opportunities and risks or the business of running an enterprise.
Tuesday, May 26, 2015
BY LINDA BAKER
Spring rains are the bane of an Oregon cherry farmer’s existence. Even a few sprinkles can crack the fruit so badly it’s not worth picking. Science to the rescue: Researchers at Oregon State University have developed a spray-on film that cuts rain-related cracking in half, potentially saving a season’s crop. The coating, patented as SureSeal, is made from natural chemicals similar to those found in the skins of cherries: cellulose, palm oil-based wax and calcium.
Tuesday, June 23, 2015
Oregon’s new marijuana law is expected to lead to a bevy of new business opportunities for the state. And not just for growers. Law firms, HR consultants, energy efficiency companies and many others are expected to benefit from the decriminalization of pot, according to panelists at an Oregon Business breakfast meeting on Tuesday.
Friday, May 22, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
The recent tragedy in Philadelphia has called attention to Amtrak and the nation's woefully underfunded rail service. Here are six facts about the Amtrak Cascades corridor between Eugene and Vancouver B.C.
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