The past, present, and future of the business suit : The Indicator from Planet Money For 400 years, the business suit has been a staple in men's fashion...then the pandemic struck. Today on the show, the end of the business suit?
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RIP Business Suit?

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RIP Business Suit?

RIP Business Suit?

RIP Business Suit?

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Scott Olson/Getty Images
A sign hangs above the entrance of a shuttered Brooks Brothers in Chicago on July 08, 2020, as the company filed for bankruptcy protection.
Scott Olson/Getty Images

For hundreds of years, the business suit has been a cornerstone of men's business attire.

From the Great War to the Great Recession, it's a piece of fashion that has stood the test of time — that is until the outbreak of the coronavirus pandemic.

In the second quarter of this year, there was a 74% decline in year-over-year sales of men's formal wear.

To find out what this means for the future of the business suit, Stacey and Cardiff talk to Tina Opie of Babson College and Lawrence Zarian, also known as The Fashion Guy.

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