Men’s suits are out of the inflation index basket – but sports bras and pet collars are in

It has survived 150 years of changing fashion, seen off the hippies and spared many men the dilemma of deciding what to wear, but the pandemic proved the final nail in the coffin. The men’s suit has officially been retired from the male wardrobe.

That’s the sartorial verdict of the U.K. Office for National Statistics, which has removed the menswear staple from the U.K’s inflation basket, a collection of more than 700 items that are updated annually to ensure it is “representative of the goods and services that consumers typically spend their money on.” Read more at Fortune.