The decline of the necktie

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By Tim McNicholas

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Updated: Mon, 21 Oct 2013 07:12:22 CST

Bow ties, clip–ons, double Windsor knots...

For centuries men have worn something around their necks in a professional setting.

But it's tough to say how much longer that trend will continue.

Dressing down has been gaining popularity.

Even in a business environment, neckties are becoming optional.

The president met last summer with a number of tieless foreign leaders.

Here in Nebraska, the shirt and tie look is still going strong.

Gary Michaels hasn't noticed a decline in their necktie sales.

But, they've seen different styles come and go over the years.

"For us, where we are in Central Nebraska, we tend to be pretty mainstream,” owner Trish Ludemann said. “We don't see a lot of the highs and the lows with clothing trends.”

In 1995, U.S. tie sales were at an all–time high at 1.3 Billion.

Now they've dropped below 700 million dollars annually.

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