Deep DiveUS Businesswear Market: Working from Home Accelerates Casualization, Hitting the Formal Clothing Market Coresight Research October 1, 2020 Reasons to ReadThe rapid shift toward working from home in the wake of the coronavirus pandemic has accelerated the longstanding casualization trend in US workplace dress codes, with significant impacts for the formal businesswear market. We discuss the following key topics: The current US businesswear market—including the scope of different formal apparel categories and the impact of coronavirus-related shifts to working from home on brands and retailers including Ann Taylor, Brooks Brothers and Tailored Brands. The future of the businesswear market, including the increased popularity of work-leisure clothing and technology innovations in businesswear. Opportunities for growth in the declining market—such as DTC and online sales and subscription/rental business models, with examples from brands including Indochina and Rent the Runway. For more insight into the US retail industry, read our previous deep dive report on US Home-Improvement E-Commerce here. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Analyst Corner: How Fast Will Agentic Commerce Scale? Three Gauges to Watch, with Charlie Poon4Q24 Earnings Season Wrap-Up: Which Companies Missed, Beat and Fell in Line with Expectations?—InfographicMixed Signals—Economic Optimism Continues But Consumers Feel the Strain on Personal Finances: China Consumer Survey InsightsUS Retail and Logistics Holiday Hiring Hits Lowest Level in Over a Decade—Data Graphic
