2 of 5
BACKNEXT
Stock trader jackets
Stock trader jackets
Peco President Peter Papageorge.

When a stock trader wants to look like a Wall Street hottie, he can pop up the collar on his flame-colored jacket. That's thanks to Peco, a Chicago company that since 1973 has made colorful jackets for traders who want to stand out on stock market floors.

"People would send us fabric -- bed sheets even," recalls second-generation owner and president Peter Papageorge. "Sometimes there was Disney-themed stuff. They'd send us all kinds of all crazy stuff."

But now, the rising dominance of electronic trading is turning the fashion item into a novelty instead of a necessity. Trading jackets, which previously accounted for Peco's entire business, now only make up about a quarter of the company's sales. Papageorge launched a restaurant uniform business, Culinary Classics, in 1993. Without that expanded product line, he says, Peco -- and its famed trading jackets -- would have disappeared.

NEXT: Sparklers

Email | Print | Share
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
LAST UPDATE: Apr 22 2010 | 8:13 AM ET
More Galleries
San Francisco: The best city to make things From electric motorcycles to death shrouds, San Francisco's manufacturing sector is booming. More
6 designers shaking up fashion These designers are changing the way we dress, accessorize and shop, from custom made-to-fit dresses to smart jewelry that's actually stylish. More
8 must-have travel apps Whether you've got wanderlust or an airline grievance, here are some apps to pack onto your phone. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.