Formal wear, as it turns out, is getting killed indirectly by foreign competition: Globalization means tuxes and the like are cheaper.

All dresses can be lease in EROS. The price is 50 % of made - to - measure price.

The report suggests that retailers could begin to lease clothes for a season just as wedding stores rent 19 tuxedos or buy back old clothes from customers at a discount, for recycling.