Has the suit and tie had its day? Maybe, says M&S

UK’s biggest suit seller is trimming its tailoring range as changing habits keep formal garb on the pegSuits you sir? Maybe it doesn’t any more. Sales of formal tailoring have taken a fresh dive as chinos and trainers replace suits and ties in the office.In a presentation to City analysts earlier this week, Marks & Spencer, the UK’s biggest menswear retailer, said it was cutting back its formalwear ranges and the space devoted to selling suits, pointing to a market-wide 7%