Bank of America’s CEO, Ken Lewis stated today, “These are the most difficult times for financial institutions that I have experienced in my thirty-nine years of banking.”
The state of our economy is bleak; your professional image does not have to reflect this trend. In fact, never has it been more imperative to dress for success. In uncertain times, conservative dressing and spending go hand-in-hand. As executives become more concerned about keeping their jobs, they tend to concentrate on “looking the part,” and dressing more traditionally. Business Casual is becoming less popular, especially in the financial industry. By dressing professionally, you not only make a favorable impression, you also communicate that you are serious about how you represent yourself and your company. Amid angst today, dressing flashy or in the current runway fashions, is not advised. How you dress at work sends a message. Many men and women’s retail stores are experiencing an increase in suit sales during this recessionary time. As the unemployment rate rises, more individuals are looking for jobs and are needing professional looking suits for their interviews. A recent Wall Street Journal article mentioned menswear retailer, The Moss Bros Group, is considering advertising their “recession-proof suit.” This suit should be a hit on Wall Street; I wonder how many colors and various fabrics are available?
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