Wednesday, March 25, 2026

Jean therapy: sales drop has Levi’s sweating

Who would have believed that the much beloved product line of Levi’s blue jeans would be transitioning to lounge wear. It seems that is one result of the shift to working-at-home during the pandemic era.  Levi Strauss & Co. president and CEO, Chip Bergh, conceded, as the company reported on fourth-quarter earnings, that “casualization” , i.e., loungewear, is taking a noticeable bite out of the sales of jeans. 

 

https://www.businessinsider.com/levis-q4-2020-earnings-denim-sales-down-pandemic-loungewear-interest-2021-1

BIG Media
BIG Media
Our focus is on facts, accurate data, and logical interpretation. Our only agenda is the truth.
spot_img

BIG Wrap

Why has India arrested U.S., Ukrainian nationals under ‘anti-terror’ laws?

(Al Jazeera Media Network) India has arrested six Ukrainian nationals and an American citizen for allegedly entering India’s northeast region without permits and crossing...

Lebanese president warns Israeli attack on bridge ‘prelude to ground invasion’

(Al Jazeera Media Network) Israeli forces have attacked the Qasmiyeh Bridge, a key crossing linking Lebanon’s south to the rest of the country, in...