From "You're Right - The Inflation is Worse Than They're Telling You" - New York Magazine, 5/14/73:
Clothing costs for fashion-conscious people - especially men - are up sharply, partly because of the determination of a lot of men to march to different drummers, partly because they seem to be buying more kinds of clothes, and partly because the Japanese have gotten turned on to Western-style woolens and have been buying out Australia...Even so, a relatively standard Hickey-Freeman suit that went for $200 in 1969 is now $250 - up 25 percent. And J. Press, a stronghold of traditional fashion, showed an exclusive line made by Brioni until 1971, when the retail price had reached $265 (compared with under $200 for a standard Press suit). Richard Press dropped the Brioni suit because of the rising price; by this time, he says, he would have had to sell the Brioni at $375, an increase of 42 per cent.
[Ed. note: $265 in 1971 is equivalent to $1400 today. The current Pressidentials are priced from $950 to $1100.]
3 comments:
"Brioni at J. Press? Heresy!" say the Trads. ;-)
Who knew? Trad is American, with a slight British accent.
If J. Press could sell Brioni, they have no right to criticize Brooks Brothers.
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