Bob commented on the trend of apparel makers using manmade fibers instead of cotton.

“I don’t believe that this is cyclical—I believe that this is evolutionary,” said Bob Grayson, former chief executive of Limited Stores and Lerner New York and founder of Grayson Co., a retail and consumer consulting group. “Just as technology impacts other categories, technology is now impacting fashion.”

Check out the rest of the article at The Wall Street Journal.