Ongoing Poll says Tuxedos are OK

 

By Paul Pannone

Despite infighting and political agendas an ongoing eWedNewz poll shows support for the men’s formal wear rental business. After Years of decline tuxedo rentals have shifted towards purchases, as consumers become hesitant to pay close to $200 dollars to rent products worn by their father decades ago.  But things may be changing, as new blood, ownership and ideas enter the business.

 

Sources on Twitter blame years of decline on lack of innovation. The tuxedo is getting a much needed facelift in the months ahead.

 

Over the off-season the nation’s largest tuxedo wholesaler, Jim’s Formal Wear, sold a majority stake in their business to an outside firm that is not from the tuxedo business  bringing a fresh, new approach to running the company. eWedNewz has learned Jim’s is still run under the guidance of the Davis family but updated with business views of the partners.

eWedNewz is watching other major tuxedo organizations overhaul their business, expected to offer better products at better prices– what the consumer has been looking for, all along.

Currently 77% of respondents collectively say the tuxedo business is holding steady (23%) or is ready for a comeback (54%). 14% of respondents say the business is dying while 3% feel it’s dead (down from close to 10% a few months back). 6% say they’re not sure.

The positive information obtained from true expert sources in the formal wear business conflicts with data released by IBISWorld that says the tuxedo business is slated to shrink in the next five years.

What do you think?

 

 

 

 

 

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2013

The Week of April 1st in Review

 

By Paul Pannone

Wedding industry crooks took cover this week, put on notice as the battle for the Gold heated up. Onlookers watched as Samantha Goldberg pummeled Marni Gold, assuring her it’s nothing personal and that other Wedding Scam Artists can expect more of the same. Since announcing her new show Samantha Goldberg told eWedNewz of plans to expose the antics and false claims made by wedding industry professionals who have allegedly taken money and not given the expected results and value to victims.

Another meeting in New York to discuss the  progress of fighting online pirates raised concerns among media members who felt the war is far from won.

New data release by IBISWorld says wedding spending will increase in the next five years in selected categories; all except the men’s formal wear rental business. As the business shrinks a greater percentage of rental units are taken by the Men’s Wearhouse tuxedo division– while the rest of the tuxedo business wastes time and resources fighting one another.

 

 

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Infighting, Fragmentation and Fighting in the Tuxedo Business Could Hamper Comeback

By Paul Pannone

eWedNewz is watching a developing story with conflicting information to a recent resurgence of the men’s formal wear business. Tuxedo rentals have been in decline for over a decade and saw the closure of several founding companies including After Six.

 

When a customer walks into a tuxedo rental store they don’t know how old the garment is.

The original After Six company founded in 1902 made tuxedos in Philadelphia until it went out of business in 1993. The name bounced around the industry for decades after the original company closed and was even owned by the Allstate Insurance company (after Six 2 Baltimore 1994-1996) and the Sequa corporation (After Six 3 1996-2009), among other short-term ownership. What remains are products created years ago that still appear on many websites and showrooms across America, tainting the use of rented tuxedo.

 

According to IBISWorld spending is supposed to increase in various parts of wedding planning industries but the tuxedo business is expected to shrink in the next five-years.

 

51% of an ongoing poll so-far says the tuxedo rental industry is set for a comeback. Together with 26% who say the rental business is holding steady giving a 76% positive rating as opposed to 13% of respondents who feel the tuxedo rental business is dying; 3% say it’s already dead, giving a 16% negative view. 7% say they’re not sure.

Recent blogs by long-time wedding and event planners say the tuxedo business is due for a comeback, ready to service a new generation of users following young role model entertainers adorning the updated threads.

Forces opposing the comeback includes fragmentation in the tuxedo rental business. Lagging behind in technology,  presentation in stores and online. Word of suspect products that have been around for decades is reaching the consumer who are cautious and more aware about  what they’re wearing.  Internet searches for new items find updated styles by Vera Wang and Tony Bowls. New fit and softer fabrics attract new users who are willing to spend upwards of $200 dollars to rent the latest designs. Yet the traditional part of the tuxedo rental business remains stuck in price-wars fighting one another with old merchandise, old ideas and a very arrogant attitude.

Currently there are at least four recognized organizations in the tuxedo business: IFA, SIFA, Tuxedo Junction and SAVVI, each with their own membership, views and approach on marketing. A visit with some of the spokespeople in each of the organizations this week admitted personality conflicts and differences of opinion.

“That’s why there are so many different organizations in the business. There are some very strong personalities with prideful views who aren’t willing to work together,” said one member of the IFA, the original formal wear organization.

Quietly, each organization said they were formed to encourage manufacturers. In reality groups were formed to beat up manufacturers on price and getting them to sponsor outdated, unnecessary trade shows and offset  marketing/advertising expenses. Equally as quiet all groups say they’re focused on trying to keep pace with their biggest competitor.

Men’s Wearhouse hit a homerun with Vera Wang this season. A new arrangement brings the Calvin Klein brand exclusively to Men’s Wearhouse next year, after the tuxedo business did not (or could not) support the brand. eWedNewz watches as more announcements are made that can help the business– if retailers  realize the power of new, branded products are what customers are looking for– and don’t mind paying for them.

As far as IBISWorld data, eWedNewz got the company to re-visit flawed data given by the research firm to TheStreet.com that said Men’s Wearhouse rented one out of two tuxedos in the United States at the time of the story release in May, 2011.

 What do you think? Are tuxedo rentals back? Were they ever gone? Or are they ready to be buried?

 

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2013

Social Media Adding to Website Slide; both hurting print

By Paul Pannone

In the latest eWedNewz coverage involving the decline of traditional media, conventional websites are taking a beating.,  As far back as mid 2011 eWedNewz questioned the sustainability of static websites. Today webmasters who say they’ve made millions over the past decade admit they’re suddenly forced to reinvent themselves because of the Social Media explosion.

The growing use of Social Media displaces the need for websites; that displaced the need for printed products since the late 1990′s. Both Websites and Social Media have plummeted the sale of magazines.

 

In the beginning there was the Information Superhighway, A.K.A, the Worldwide Web. Blank stares soon became familiar with the term that gave way to the Internet and later just the Net. E-mail was some futuristic way to communicate and the letters AOL was the facilitator, connecting us with friends and thoughts.

Marketers jumped on banner ads charging exorbitant fees to tap into traffic with inflated numbers that were indisputable. Today banner ads are a joke, along with excessive hosting fees, domain name procurement and all the mystical SEO propositions put forth by Hucksters trying to make a buck. But can websites really totally fade away?

Not according to Wedding Water Cooler members who say they have a place, along with printed product experts.

Newest member of the Cooler, Dorinda Duclos told eWedNewz:

“Build it and they will come?  Yes…and no. Not without a lot of hard work and the right web master.  But that’s not to say that a well-built site won’t bring clients.  The social media takeover does not replace a traditional website.  It enhances it.  For example, you have a new product you want to promote, so you add it to your website.  Who sees it?  If you’re lucky enough to place highly in the search engines then maybe a few more people will.  Now take that same product back to Facebook, upload a picture, write a description & link it back to your website.  You now have a captive audience, through your fan base, (although with FB’s many changes, you may need to promote the product) who in turn will view your product, click the link and land back on your website.  This gives them the opportunity to view more products.  A traditional eCommerce website also allows the client to immediately purchase directly from there.

Pretty doesn’t mean better.  A flash site is a big no-no today because it won’t convert to mobile.  Unless you have code within your site that alerts when the user is accessing your site from a mobile device, they will not see your pages as you do when looking from your computer.  The code makes the necessary switch to a site that you’ve built specifically for mobile access.  Most websites today have this.  There are a few companies that offer the service and will actually build the mobile site for you.  You just have to add the html coding into your site.

The most important thing you can do is refresh your website’s main landing page as often as possible.  This helps keep content fresh and let’s the search engines know there’s something new to index. (Proper coding for Google, yahoo, etc is also needed for this)

Are websites dead? No.  Are they fading? Perhaps.  It really all depends on how much effort you, as the business owner, put into it.  You can’t expect a flower to grow without watering it.  Same thing holds true here.  Don’t think because you have a website that you have business.  You’ll wilt and eventually die…” says Duclos.

Duclos agrees with other business owners who realize launching a website is not the end of anything but only the beginning of the non-ending plight to promote the site. Experts tell eWedNewz the time and cost of standard websites has come crashing down, especially over the past six months. Webmasters who say they’ve made millions since the late 1990′s quietly admit the impact of Social Media has been destructive to their business. Add to the mix out-of-the-box products by Word Press and the “free” effect of available products (Facebook, Twitter, Linked In, etc) allowing business owners to post their own content and update their pages, it’s no wonder the thriving website business is suddenly in serious trouble.

On ongoing poll shows 57% of respondents look to the Internet for their  marketing needs (33% Social Media – 25% e-mail blasts). 16% say they use print. What do you say?

 

 

 

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Poll Shows BRIDES Newsstand Sales Slide Just a Sign of the Times

 

By Paul Pannone

The shocking release of declining newsstand sales at BRIDES magazine stunned print media experts who either worked for or against the Conde’ Nast property. An ongoing eWedNewz poll shows the magazine is just another victim of the general decline of print. The poll shows 61% of respondents so-far say Print will continue to decline while only 17% of replies say print and digital have finally found  a way to coexist in harmony.

 Available data suggests the damage inflicted on printed products by the internet.

eWedNewz coverage of how print and digital struggle to find a common ground tells of how all media is affected by the decline in marriage and formal weddings. With more places for brides to quickly search for what they’re looking for– for free– print has been hit the hardest, shown by declining newsstand sales; the barometer of how healthy a publication really is.

Finding the balance involves full-time effort, according to Sheryl Davies, who looks for the right mixture of print and digital. Davies gave her view of how websites are affected by Social Media, challenging digital the way DOT.COM challenged print.

“A good website still depends on good, reliable content and the ease of gathering the information a bride needs to host her wedding. Brides are tired of always being “advertised to.” They also want to research each service that they need to hire and for that they require information. Sometimes a company just needs to market. A wedding is an expensive proposition and not one of those brides wants to make a mistake and waste their hard earned money.

Cluttered websites make brides run away. They are busy people and more confusion makes them crazy. Keeping it simple, providing what they require and being real is what they want. Social media is fine if you are not looking for a target niche market,” according to Davies

Onlookers outside the wedding business reading the newZ, including O. Liam Wright, gave his view to the sinking numbers at BRIDES citing how digital moves faster than print. After reading the eWedNewz story about the changes at BRIDES involving their sinking newsstand sales Wright said:

“Interesting stats. While I am not an expert in your field. I certainly understand the sweeping effect of well positioned technology as see in the huge decline in use of I.E. (Internet Explorer) from 55% in 2008 to only 14% in just 4 years – with Google Chrome taking position as the dominant web browser used world-wide today (source: http://bit.ly/XvmibP ). Bruce Sterling in his book “Shaping Things” talks about the Line of Empire – which, once it’s crossed, certain positions can never be reclaimed.”

What do you think; will print ever return to where it once was?

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2013

Wedding Industry to the World: We Are Not Crooks

By Paul Pannone

A swooning wedding industry finds itself backpedaling after a TV segment first thought to educate and inform the public about planning a wedding. But instead an incensed industry finds itself defending against allegations that they’re a bunch of lying thieves.

Even a select cross-section of members known as the Wedding Water Cooler took a step back and a few days to think about what happened. Normally the group has instant answers to problems concerning the wedding business. But in this case the hesitation signals the 20/20 segment may have struck a nerve.

 

Famous last words includes the famous statement from Tricky Dickie: I am not a crook. So much for famous last words from privileged politicians. But in the world of hard-working wedding business owners, pile on yet another stigma to deal with.

 

eWedNewz watches industry personalities who’ve had to face the facts of a declining wedding market and rising number of vendors servicing the shrinking market. Since a Yale student studying the market supported the eWedNewz findings that include studies by authentic, revered data sources, marketers have scrambled to find a new angle to rallying paying wedding industry members to their seminars and listen to their opinions of how to market to brides.

Open letters and criticism of why 20/20 got it wrong proclaim protection of the wedding industry while simultaneously gathering eyeballs for a sales-pitch that’s sure to follow. Wedding marketers claim to have answers of how to “double your business”. But what does logic and facts say?

According to one member of the Wedding Water Cooler the ABC 20/20 show was not a front-running program viewed by a significant audience when compared to other programming, including sporting events.

“20/20 is a waste of time & I am certain that a yelp! review holds more weight in the eyes of the bride,” according to one member and ongoing WWC discussions.

The discussion in the Wedding Water Cooler group calmed many of the planner members once they heard information presented by some of the more logical thinkers. Some members say they’ve already made attempts to contact the show, insisting that balancing statements be including in a follow-up story. But once again logical thinkers in the group say there’s really nothing to balance and find it unlikely there will be a follow-up.

“If there is it’s likely to be a perpetuation of the same scandals involving brides that can be viewed on any wedding reality show and other poor examples that malign the hard-working people of the wedding industry,” said one Coolie Member and veteran of the wedding business.

An ongoing poll so-far says 27% of respondents feel the wedding industry is not crooked. Currently, 14% disagrees and says the wedding business is crooked. 59% of responses so-far feels there’s good and bad everywhere, including the wedding business.

What do you say? Is the wedding business a bunch of thieves and liars, preying on the emotions of the bride?

eWedNewz

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2013

Jim Duhe Goes Public Against Conde’ Nast’s BRIDES Magazine on Facebook

 

By Paul Pannone

The battle of the bridal books that made top Newz last week has suddenly turned lopsided. Since the Executive Director of Communication, Michelle Panzer and Lori Silver, Associate Publisher of BRIDES magazine, tag-teamed  Jim Duhe of Bridal Guide in a series of exchanges, the Conde’ Nast portion of the battle has fallen silent, while an unlikely Codger,Duhe, goes digital.

 

Big smiles from both Lori Silver representing BRIDES magazine and Jim Duhe, spokesperson for Bridal Guide. It’s Silver’s turn to respond, as Duhe campaigns on Facebook.

 

Duhe called out BRIDES on eWedNewz saying:

Dear Ms.Panzer –

“I’m calling you out. You are either dishonest or inexcusably uninformed. No effort was made to “cherry pick” data. Engaged readers are the lifeblood of bridal magazines. Engaged women purchase bridal gowns. Women who are not engaged don’t buy bridal gowns. It’s that simple. To divert attention away from this very basic fact is dishonest. To claim that a bridal magazine’s engaged audience is less important than its total audience is delusional.

No one at Bridal Guide is rattled by the constant changes or the revolving door of publishers and editors at Brides. To replace a respected and knowledgeable Editor-in-Chief with a person who has no bridal experience — to replace the replacement within a year — doesn’t document stability at Brides. It strengthens Bridal Guide’s position as a bridal industry authority.

Bi-polar changes in the Brides publication cycle — switching from bi-monthly to monthly and then back to bi-monthly publication within a couple of years — demonstrates as basic lack of understanding of the needs of the engaged women and the needs advertisers that sell bridal gowns.

Bridal Guides management and publication have been stable for many years. The Bridal Guide editorial staff has decades of bridal specific experience. The Bridal Guide editorial product always has been and will be targeted to our core audience: engaged women. Perhaps that explains why Bridal Guide’s pass along readership has been superior to Brides for the past twenty-five years.

There is no way for you or the Brides sales team to explain the dramatic difference between the Bridal Guide and Brides engaged audience without being dishonest on some level. It would be fascinating to read your public explanation of this phenomenon. Why is Bridal Guide’s honesty considered a breach of ethics?”

The he said, she said continued as Lori silver picked up the battle from Panzer. In direct response to Duhe, Silver cited her own set of  numbers saying:

 ”And now I am calling you out Jim… unless men are now buying and/or wearing wedding dresses your argument doesn’t hold water. BRIDES reaches MORE engaged WOMEN.

BRIDES engaged women:
913,000

Bridal Guide engaged women:
905,000

Source: GFK MRI
Fall 2012

If this isn’t clear, allow me to fascinate you and explain this phenomenon – the numbers pulled by Bridal Guide include men.

Lori Silver

Associate Publisher, BRIDES

According to Duhe a private message sent to Silver to discuss inclusion of men in her statement was left unanswered. Duhe told eWedNewz he doesn’t think there will be any more responses from either Panzer or Silver, claiming victory on all counts.

Additional allegations from the coverage by anonymous sources say the quality of paper used by BRIDES since announcing enhancements to the magazine nearly a year ago is not up to standards put forth by the magazine to its advertisers. No response was given to our communication with Silver and Panzer questioning the allegations about the paper. An automated reply says Panzer is on vacation.

In unprecedented fashion in the bridal business, eWedNewz learned Duhe took to Facebook writing the following statement to his friends on his wall:

 To My Friends In The Bridal Business . . .

If you missed the battle between Conde Nast/Brides and me in the eWedNewZ story, you missed an epic battle of biblical proportions. It’s a classic David vs Goliath confrontation. The folks at Conde Nast — the internationally renowned publishers of Vogue — probably are dumbfounded that Jimmy Duhe from LaPlace, LA had the audacity to not only challenge their ethics and authority but to win. Clearly, the God of Israelites is on my side.

There’s a lot that I wanted to say to Brides that wasn’t covered in the eWedNewZ story. For example, I’m curious about how Brides manages to sustain a consistent Total Circulation in spite of the fact that newsstand sales have plummeted to nearly 40% below Bridal Guide’s newsstand sales. It’s my opinion that their subscriptions couldn’t climb at the same rate as their newsstand failure without either divine intervention or very creative human manipulation. Since God is on my side, the latter seems far more plausible than the former.

The new MRI data proves that Brides subscriptions aren’t reaching the target audience of engaged readers. Can anyone tell me who in their right mind buys a bridal magazine without any intention of getting married. I can’t. Only Conde Nast can and I seriously doubt that the answer will be integrious.

Have I gone off the deep end? I’m sure that you guys have an opinion. I’d love to hear it — even (or especially) if it supports Brides. Sometimes I feel like a voice crying out in the wilderness.

 

eWedNewz watches the replies on Duhe’s Facebook accounts. We welcome any and all thoughts on this story.

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2013

The Week of January 7th in Review

 

 

By Paul Pannone

A war that erupted between Bridal Guide and BRIDES became top newZ this week, as Bridal Guide called out its competitor citing several key points in magazine distribution data. In an eWedNewz exclusive the war between the two furthers an ongoing instigation on how bridal magazines and print relevance will change in the future.

A new year brings a new approach to the Wedding Water Cooler. eWedNewz continues to watch this developing story and will report the findings in the weeks ahead.

A Federal Judge empowered the efforts of the ABPIA’s efforts to combat online piracy and help American dress manufacturers level the playing field against its Chinese counterparts.

The wedding business gets use to factual information accepting how more wedding businesses find it difficult to grow in a poor economy and changing consumer views on marriage. Current poll numbers supports the statements attracting academic sources who say they agree with the findings.

 

 

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2013

 

 

 

The Week of January 1st in Review

By Paul Pannone

The first week of 2013 marks a major moment in the wedding business and the realization that a growing number of couples are no longer rushing down the aisle or spending the amount of money their parents did. The ongoing trend is nothing new to those watching how couples wait longer to marry– if they do at all. Many live together  and have no qualm with having children out-of-wedlock, as society relaxes the rules.

The newZ forces hopeful wedding professionals to deal with the facts and give up hope the wedding business will ever return to the glory days before the economic collapse in 2008. In an ongoing poll a majority of respondents so-far say the wedding business is either deteriorating or stuck in neutral and in worse shape than anyone thought. Currently 23% say business is picking up but the recovery is a slow one.

In an ongoing eWedNewz investigation statements by wedding professionals tell how they’ve been forced to change the way they conduct their business, adjusting to the shifting marriage statistics. The newZ was reluctantly disputed by some wedding sources who’ve since fallen silent. Questionable statements involving local markets and odd data failed to give any substance to dispute the findings of this newZ source, so far.

 

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2013

More Wedding Business Professionals are hurting than ever; Really?

By Paul Pannone

Yes, really; they are. The statement is in response to a story at Think Like a Bride that begins:

“I read an article recently saying that the wedding industry is in worse shape than anyone is willing to admit. Really? Then I have a slew of people lying to me. Or maybe my followers are just a little smarter than the rest.”

eWedNewz reader and wedding service provider, Mary Bower, gives her view on what is happening in the business. Coincidentally her views match countless others.

In an ongoing eWedNewz story and further discussions on Social Networks and  in every format including the Wedding Water Cooler most wedding professionals  we’ve spoken with reluctantly agree things are not good. For the few who want to dispute the findings, citing how well they’re doing– they are the exception– not the rule.

To some hopefuls who dismiss all other information, facts and opinions; subscribe to their own methods of collecting, slicing and dicing information, everything is fine or bound to get better. For some the presentation and argument they make boarders on insanity.

We’ve often quoted Christine Boulton, owner of Think Like A Bride, agreeing with many aspects of the wedding business. But many is not all. Boulton cannot dispute she works with talented, successful local vendors who can afford her services. But for the average wedding service provider–  we speak to many as an informational newZ source– the story is quite different. Many were forced to change the way they conduct their business, adapting to the shift in expectations by consumers who want what they want when they want it and refuse to pay full price. In the thousands of discussions over the past five years not one vendor says they’re doing well running their business the same way they did in the past.

Mary Bower relied to the story and had this to say:

Hi Paul,  I read your article and of course, I have to comment :)  I have a niche here in Lansing, MI where I sell wedding invitations, it’s a side business, thank goodness. I give great service, have great lines. But I believe you are seeing a faltering of the wedding industry because of the economy. Young people are being especially budget conscience these days  They are having difficulty landing good paying jobs, leave college with lots of debt (most of them) and they struggle. unlike we did in the 80′s when jobs were plentiful for us in the yuppie crowd.

I am hanging on to my business, moved it back home from a brick and mortar and am hoping for the best this 2013 wedding season.  I could not survive on invitations alone now and am branching out to do other things, such as candy buffets that may reach a bigger consumer pool other than weddings. Each year now, I often wonder what stationery company will call it quits and leave me holding the bag, like Encore did!

I am also working on a new business that is totally not wedding related to fill the gap.  These are crazy times, and the outcome will be fewer wedding professionals getting out of the business.  Some clean up will be good, as many who got into the business after 2008 thought it would sustain them. My God, have you noticed how many people suddenly became “wedding photographers”  or “cupcake bakers?”   It used to be that there was plenty of room for everyone, but now that is shrinking.

As always, I hope for a prosperous 2013, but this year, (I’m) not taking on new lines, sticking with what I have and hoping for the best!

Mary C. Bower

Occasions

Mary is one of the majority of wedding business owners that are telling it like it is on a national scale. Further exchanges with Mary say many wedding-related businesses in her area are closing and getting out, no longer able to keep holding on.

In an ongoing poll 31% of responses so-far say the wedding business is deteriorating. 20% say the wedding business is stuck in neutral.  11% feels the wedding business has not yet hit bottom for a 62% total negative connotation. On the positive side 13% says the wedding business has hit bottom and is climbing nicely. 20% of response so-far say the wedding business is recovering but very slowly.

What do you think?

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2013