Levi's sales are down as remote workers turn to loungewear over jeans - Business Insider

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Levi's sales are down as remote workers turn to loungewear over jeans

Bergh and the company acknowledged that "changes look like they're here to stay," including "casualization," or more loungewear. Notably, losses were greatest in Asia, at 14%, though the continent has seen the most success in batting COVID-19 and reopening.

Levi's calls itself the "global leader in denim by a mile" in an investor call, but that might not mean much if jeans are no longer at the top. Even the denim company itself seems to recognize and hedge for this possibility by developing other products. TheThe biggest stories in fast food, shopping, and more. Sign up for Insider Retail.

Source: News Formal (newsformal.com)

 

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Thank the Demorats

Because women need to try on jeans before they buy them!

RachlanNashidik Kemahalan harganya

People aren’t buying clothes as there is no where to go...domino effect of this stupid pandemic

Levi's has gone crazy on the price of their jeans!

And because they got really friggin’ expensive.

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