Men's suit stores prospering in New York City

Last month, HMX Group filed for Chapter 11 bankruptcy protection. HMX Group's brands include Hickey Freeman as well as Hart Schaffner Marx. While this domestic manufacturer of men's clothing with factories in Rochester, NY, Des Plaines, Ill. And Hamilton, Ontario is under severe financial pressure, a number of new retailers are building market presence in New York City and around the world.

Last year, Suitsupply, a Dutch brand opened in Manhattan. The company established in 2000 has 38 stores in 5 countries with a strong e-commerce component. The company recently opened it third store in the Four Seasons building in the Georgetown section of Washington, D.C. (the second store opened this summer in Chicago).

The New York City outpost is located on the 453 Broome Street in Soho. Earlier this year, New York Magazine profiled the location for "Best Suits". It stated "this second floor suiting showroom strikes an impeccable balance between too much and not enough choice. And for the money, you won't find a better make. Most of the dozen-or-so off the rack options are priced at a practical $469 (made to measure starts at $900), and though the brand is based in Amsterdam, the suits are constructed from quality Italian fabrics, with optional trimmings such as horn bottoms, extra pocket stitching, and horsehair-enforced interiors."

A strong competitor to Suitsupply is My. Suit. The company owned by South Korea men's apparel manufacturer Cambridge Kolon opened its flagship store in February 2010 at 360 Madison Avenue. The first My.suit retail shop opened in 2008 in Herald Square at 1270 Broadway. Stores are also located at 30 Broad Street and the Westchester Mall in White Plains.

Through My. Suit, any man can be measured by a fitter at any of the four New York area my. suit retail locations, have his measurements stores in a database, and then use my. Suit's web site or in store kiosks to create his own suit. The suite is ordered, manufactured and delivered in two weeks. It is reported that the suits are manufactured in Mexico.

Posted on November 1, 2012 .