Suits for Men

Decision over Integration of Medium-Priced Suit Line

Background Information
● Suits for Men is a business that sells two main products - tailored suits and
high-end pre-made suits.
● Tailored Suits - $560 / $140
● High End Suits - $400 / $240
● Tailors - $144,000 / 3 (with a eventual retiree)

● Medium Priced Suits - $240 / $150

● Changeover cost - $29,500 + $7,500 surplus

Key - Sell Price / Cost

 Increased Profit Margins

Recommendation No Changeover Costs

No Change of Business Model:

Keep Tailored Suits
Higher Demand of Tailored Suits
According to Google Search Trends and
● According to Google Search Trends and the opinions and research of Aneurin
W. of Thrive global, custom made and tailored suits are more popular than
pre-made suits.

● Sales of all male clothing has decreased 74% (Daphne Howland)

○ Profit margins and potential surplus of tailoring supplies or premade suits.
Q&A

How will you find a new tailor?

● Finding employees is hard, but already 3 tailors have been found.

How will people looking for less expensive suits be accommodated?

● Research has found that the demand for this type of suit is low, but our high
end suit line suffices as a quick and more affordable option.