Saturday, November 1, 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

Opposition says ‘hundreds’ killed in Tanzania post-election protests

(Al Jazeera Media Network) Tanzania’s main opposition party has claimed that hundreds of people have been killed in protests following this week’s disputed elections,...

South Africa hits back at U.S. refugee plan to favour white Afrikaners

(BBC News) The South African government has criticised the US's decision to prioritise refugee applications from white Afrikaners, saying claims of a white genocide...