PATREON PREVIEW - Die, Workwear! - Building a Holistic Wardrobe
Nov 14, 2024
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Derek and Peter dive into the decline of iconic menswear brands, using brass buttons as a humorous lens. They discuss the dwindling availability of unique blazer buttons and the importance of tailoring. The conversation shifts to how blazer buttons reflect personal heritage and preferences. Fabric finishing techniques, especially the London Finish, are examined for their impact on suit quality. Finally, they explore the evolution of luxury online retail, highlighting shifts in brand identity and customer engagement in a changing market.
The declining interest in specialized menswear items, such as blazer buttons, indicates a broader trend diminishing traditional craftsmanship and niche fashion elements.
The consolidation in luxury online retail, as shown by MyTheresa's acquisition of Ux Net-A-Porter, reshapes consumer access to both discount and premium fashion offerings.
Deep dives
The Decline of Specialized Menswear
The conversation highlights the decreasing interest in specialized menswear items, particularly blazer buttons, indicating a broader trend of niche fashion elements becoming less accessible. The decline of brands like Brooks Brothers and J.Crew parallels the disinterest shown by consumers, leading to reduced availability of unique products. For instance, the Waterbury Button Company, once a significant producer for various organizations and fashion brands, has tightened its sales policies, only allowing purchases made by representatives of specific institutions. This reflects a larger trend in the fashion industry where traditional craftsmanship faces challenges due to shrinking markets and evolving consumer preferences.
The Challenges of Sourcing Unique Accessories
The search for quality blazer buttons has become increasingly challenging, as several retailers that previously offered a wide range of options have ceased operations. Notably, Ben Silver and M&J Trimmings, once reliable sources for unique buttons, have both closed, limiting the choices for enthusiasts who prefer more personalized accessories. The Waterbury Button Company's new policy complicates the purchase process, requiring official representation from organizations to access university and trade buttons. As a result, fashion aficionados are faced with the frustration of settling for more generic options that lack the personal touch associated with traditional styles.
The Impact of Online Market Consolidation
Recent developments in the luxury online retail space underscore a significant consolidation trend, evidenced by MyTheresa's acquisition of Ux Net-A-Porter. This move marks the merging of discount and premium segments within the online luxury market, reshaping the way consumers access and perceive fashion. Historical shifts, such as when discount retailers like Ux facilitated access to luxury goods during economic downturns, contrast sharply with the current landscape where specialized offerings are becoming scarce. Such changes prompt questions about the future of online luxury retail, as consumers increasingly navigate a market dominated by a few key players.