Friday, October 17, 2025

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

U.S. aims to raise $20-billion ‘facility’ to support Argentina’s struggling economy

(Al Jazeera Media Network) The head of the United States Treasury, Scott Bessent, has announced he is working to corral the private sector around...

Trump says he authorized CIA in Venezuela as Maduro says ‘no to regime change’

(BBC News) US President Donald Trump has confirmed a report he authorized the CIA to conduct covert operations inside Venezuela, provoking outrage from the...