News Formal

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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

South Africa News News

This high-end denim brand opened right as the financial crisis picked up steam, but today it's one of the only jean manufacturers in Detroit.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: CNBC - 🏆 12. / 72 Read more »

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?
Source: CNBC - 🏆 12. / 72 Read more »