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Spring/Summer 2010
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BRANDS

 Armani
 Brioni
 Canali
 Corneliani
 Donald J Pliner
 Ermenegildo Zegna
 Etro
 Gimos
 Hickey Freeman
 Isaia Napoli
 Jhane Barnes
 Joseph Abboud
 Oxxford
 Paul & Shark
 Polo
 Schneiders
 Zanella

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    Issue Story

 

Uptown/Downtown Rewards

From the July 2007 issue of MR Magazine
By John Jones

Syd Jerome, Chicago Is Their Kind Of Town

Located in the heart of the Loop, Syd Jerome is a fashion Mecca for Chicago’s financial and business elite.

 “We’re known as the house of the power suit,” says founder Sid Shapiro. “Our focus is clothing, and we hang suits three-high. Our bag is ‘Style with Reservation’. We’re not slick. We cater to the top echelon of the city.” Shapiro believes in carrying complete designer collections. “We don’t carry a designer unless it’s from the socks all the way up.”

The store treats its customers to plenty of trunk shows and dinner parties. “We always do a party with Oxxford, which is near here, where we take 30 to 40 customers right to the factory and they’ll buy their suits right there. We also throw a major dinner party every fall, coinciding with the launch of our big seasonal advertising campaign. We take 100 of our best customers out to dinner, as well as various manufacturers’ representatives, just as a thank you for buying. It’s a good melting pot, and makes for great networking.”

Scott and Sid Shapiro Scott and Sid Shapiro

On the competition? “We’re probably the only independent store of any consequence left in the Chicago area,” says Shapiro. “We out-merchandise, out-select and out-service the luxury department stores in the area. Our selection is probably five or seven times more than what any of them offer. We may have a 4,000 sq. ft. store, but we hang for about 20,000 sq. feet. There’s merchandise all over the place, and, of course it’s supported by another 5,000 sq. ft. downstairs.”

The Syd Jerome customer is young, affluent, aged 25 to 50. “Basically, we sell expensive overalls,” quips Shapiro. The store also does complete custom and made-to-measure, as well as strong boys’ and young men’s suit businesses.

Shapiro himself has been in the business since he was a boy. “I started as a stock boy when I was 10 years old, and worked all the way through high school and college. When I got out of the service I opened my own store! This has been my life’s dream and I fulfilled it. I’ve built one of the best stores in the country, we’re known worldwide, and it’s been a great trip.”

Shapiro’s son, Scott, is now the president of the company. “I’m backing off a little bit,” says the elder Shapiro.

And Scott’s plans? “I don’t think we’ve reached full capacity, yet, so I’m looking for new ways to grow the business through new technology. We’re well-entrenched in Chicagoland fashion, but there are still plenty of people who shop at department stores, are not happy with the experience, but don’t know where we are...yet.”

  • Established: 1958
  • Menswear breakdown: 75% clothing, 25% sportswear
  • Size: 4,000 sq. ft.
  • Key vendors: Armani, Brioni, St. Andrews, Oxxford, Corneliani, Canali, Paul Smith, Etro, Zegna, Isaia, an Italian private label program, custom/MTM