Sunday, April 5, 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

Projectile hits near Iran’s Bushehr nuclear plant, killing one: IAEA

(Al Jazeera Media Network) One person has been killed by projectile fragments after United States-Israeli strikes targeted a location close to Iran’s Bushehr nuclear...

Australians told to continue Easter travel plans despite fuel shortages

(BBC News) The Australian government has encouraged people to go ahead with their Easter travel plans, despite fuel shortages at hundreds of petrol stations...