This high-end denim business opened in the middle of the recession, and now makes almost a million dollars in profit per year

in the throes of the recession, an entrepreneur founded a small Detroit jeans manufacturer that continues to be successful almost a decade later.

The small team of 10 churn out about 40 pairs of selvedge jeans a week. Each pair takes around 4 hours to make.It really started when I had a pair of my favorite jeans and I would take into my tailor and she'd repair them, and they got so threadbare and so worn, she refused to fix my jeans. And I said,"Okay, would you make me a pair?" She told me it couldn't be done. That was kinda the seed that was planted if you can't make a pair of jeans.

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Levi Strauss IPO comes as denim market braces for year of corporate shake-upsLevi Strauss is expected to begin trading on Thursday. The move comes as its next closest U.S. competitors, VF Corp and Gap Inc., plan corporate shake-ups of their own and customers shift their shopping habits. PPL just crazy with the stoccks. Nothing with the Jean at all. Gambling..... KarenHBStanley Can't believe that they're still making the 501. Worst jeans ever. Who wants button up flies.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Key data could end or defend recession fears as stocks notch best quarter in a decadeStocks head into the second quarter, propelled by the best quarter in nearly a decade as the long tepid IPO market starts to simmer again. LOL... You forgot about 2007, and 1999, huh?
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »