EXPENSIVE TIES SELL WELL FOR FATHER'S DAY
PORT WASHINGTON, N.Y. — Consumers not only bought more ties in 1991, but also bought a greater number of them at department stores, according to the NPD Group Inc., a market research firm.
Last year's sales of men's neckwear were up 20 percent from 1990. And the department stores' share of the neckwear business grew from 30 percent in 1990 to 33 percent in 1991. About 17 percent of ties sold at department stores for Father's Day last year cost $30 or more.