Thursday, July 23, 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

U.S. and Saudi Arabia announce nuclear co-operation deal

(Al Jazeera Media Network) The United States and Saudi Arabia have reached a civilian nuclear co-operation deal, the administration of US President Donald Trump...

Russian warship carried out firing exercise off Plymouth coast

(BBC News) A Russian warship, shadowed by a Royal Navy vessel, carried out a live-fire artillery exercise just 74 km south of Plymouth on...