Thursday, October 9, 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

What we know about the Gaza ceasefire deal

(BBC News) After three days of intense indirect negotiations in Egypt, US President Donald Trump says Israel and Hamas have "signed off on the...

At least 24 killed as army paraglider bombs peaceful protest in Myanmar

(BBC News) At least 24 people were killed and 47 wounded while protesting against Myanmar's military government after an army motorized paraglider dropped two...