Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs.
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Levi's 5012 jeans were very famous and highly demanded globally in 1990s. They were so popular and expensive that they could be traded for heroin in Mexico at that time. These apparels were also a sign of wealth and success.
J. Crew has been known for its conventionally preppy clothes and its basics. The company lately has been criticized for not offering solid classic attire and is wandering from its core customers.
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