Levi’s surrenders to the inevitability of yoga pants ...Middle East

Economy by : (Quartz) -
Even Levi’s is buying yoga pants now.The denim maker is acquiring Beyond Yoga, a US-based seller of yoga clothing and casual sportswear. In its announcement of the deal, Levi’s said the purchase allows it to diversify its business and break into the thriving activewear market. Levi’s didn’t reveal the price it paid for Beyond Yoga, but said it would provide further details once the transaction closes, which it expects to happen in the fourth quarter of the year.Founded in 2005 and based in Los Angeles, Beyond Yoga is growing fast. The company’s sales have more than doubled over the past three years while it has also grown its profitability, Harmit Singh, CFO of Levi’s, said in a statement in

Hence then, the article about levi s surrenders to the inevitability of yoga pants was published today ( ) and is available on Quartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Levi’s surrenders to the inevitability of yoga pants )

Last updated :

Also on site :

Most Viewed Economy
جديد الاخبار