Thursday, December 25, 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

Supreme Court rules against Trump on deploying troops to Chicago

(Washington Times) The Supreme Court ruled Tuesday that President Trump overstepped his powers in trying to federalize and send the National Guard to Chicago. The decision marks a significant reversal for Trump....

Ukrainian troops withdraw from embattled Siversk

(Al Jazeera Media Network) The Ukrainian military says its forces have withdrawn from the battle-scarred town of Siversk in the eastern Donetsk region after...