Eugene David ...The One-Minute Pundit |
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Thursday, February 17, 2005
It is somehow just that a company that taught America how to dress CHEAP should be a victim of its own success.
Conservative-orgasm alert: Levi's also was the last major jeans maker to manufacture clothes in the United States, putting it a price disadvantage as its rivals shifted operations to low-cost contractors in Latin America and Asia. The competitive pressure prompted Levi's to close all of its U.S factories. Effectiveness-of-annoying-people-on-television alert: The fourth-quarter loss, driven by a sharp increase in advertising expense....
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