In sign of the times, men’s suits scarce at Marks & Spencer stores
August 30, 2021
Marks & Spencer stores prided themselves on offering a full range of apparel to its British clientele, from casual to formal, but today only 110 of the chain’s 254 stores have men’s suits on their racks and it appears likely the trend will outlive the pandemic. According to Kantar, only two million men’s suits were sold in the UK in the last year, compared to five million a decade ago.
Recent News
TikTok Suspends TikTok Lite Rewards Program in the EU
A TikTok service offering rewards such as gift vouchers for watching videos has been suspended by the social media site.
FCC Votes To Restore Net Neutrality Rules
The Federal Communications Commission (FCC) voted 3-2 on Thursday to reinstate net neutrality rules that were rolled back during the Trump administration.
Blackstone To Buy Tropical Smoothie Cafe
Alternative asset manager Blackstone is set to buy the restaurant chain Tropical Smoothie Cafe.
Ford’s Total EV Sales Post $1.3 Billion Loss in Q1
Ford’s EV division, known as Model e, faced a tough start to 2024.