Sunday, August 14, 2022

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
Our focus is on facts, accurate data, and logical interpretation. Our only agenda is the truth.

BIG Wrap

Crime erupts in Tijuana

Thousands of federal troops have been deployed to several Mexican border cities, including Tijuana, amid a flare up in gang violence. The northern state of...

Matter at ultra-high temperature and pressure remarkably simple and universal

Scientists at Queen Mary University of London have made two discoveries about the behaviour of "supercritical matter" — matter at the critical point at...