Consumers are lining Levi Strauss’ pockets as they look to refresh their wardrobes post-quarantine. Plus, eCommerce newcomers struggle to meet consumer demand amid supply chain bottlenecks, and Walmart is angling for a higher share of the clothing market with its Free Assembly Kids apparel line.
Data:
$6-$36: Price range for the products in Walmart’s new Free Assembly Kids apparel line.
13.2%; 6.5%: Share of total clothing and apparel market by Walmart and Amazon, respectively.
10%: Approximate global closure rate of Levi Strauss stores in Q3.
$50B: Value of the global athletic wear market.
84%: Share of shoppers who used online shopping during the pandemic and plan to continue.
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