Here's what Marty Staff wrote to me:
Wow! I never appreciated the fact that what I wear is noticed or appreciated (or not appreciated).
The WSJ story was accurate, but omitted several additional comments I made:
I love neckwear, and have been involved with neckwear for more than 30 years. The company I own designs, makes, and sells neckwear to the best stores in America, and we are a longstanding successful company in the space.
America however has changed. 50% of American men in this year never or rarely wear a suit! Being rich is defined not just by having money, but also by having time and having freedom. How you dress is part of being free!
In a manner identical to the U.S. auto industry, neckwear has lost sight of the consumer. American cars didn’t have the style and purpose consumers wanted, and consumers went elsewhere. The U.S. auto industry is now attempting to regain what it lost. There was an unbecoming sense of entitlement in the auto industry...consumers were expected to buy whatever Ford, GM, and Chrysler made. Well, they didn’t.
That’s what’s happening with neckwear.
In a casual culture, neckwear has evolved to be a fashion accessory identical to pocket squares, spring scarves, eyewear, Ipod and Iphone cases, umbrellas, etc. Neckwear expresses something about the individual. It is no longer simply a part of a uniform. In particular men 22 to 30 know they need to dress up, but demand that what they wear expresses something about them.
Wearing thin ties, colorful ties, wide ties, very formal ties, bow ties, etc is cool. Wearing thin ties with a denim shirt (a la J Crew), or wearing an amazing silk faille tie with a formal pinstripe suit is very cool. Wearing a dress shirt in a sporty way, and wearing a sport shirt in a dressy was, is cool.
What’s not cool is assuming a uniform with a tie is necessary.
If you visit Bergdorfs you’ll see neckwear in an inspiring way. If you look at the king of neckwear, Ralph Lauren, and see his Purple Label ties, you’ll be inspired. If you see J. Crew thin rep ties you’ll be inspired. We simply need more inspiration in order to win in this category.
What it will take for neckwear to regain its stature in the marketplace is for men to wear neckwear out of desire and not obligation.
Harry, I’m in and I’m trying, and my neckwear business is pretty good.
The apparel business is like a great white shark…if you’re not moving forward, you’re sinking. You can’t stand still.