A velvet trouser suit or slick tuxedo has long been the coolest option for festive dressing. It looks insouciant, yet grown-up; easy to wear, yet polished – they’re comfortable and timeless too. Now, ...

“They are walking right out of the store—they are going out as fast as we can get them in” says Geraldine Stutz, president of Manhattan’s Henri Bendel. She is talking about women’s pants suits, the ...