The Jeans Brands Lee And Wrangler Can Close

Edition of The Wall Street Journal reports that the Lee and Wrangler brand the US may cease to exist. The reason for this – a low level of sales: over the past four years, they fell by $ 1.5 billion.
VF Corporation, which acquired the brands, Lee and Wrangler, 40 years ago, is planning a possible sale of companies or their closure.
Recall that at the time of buying brands VF Corporation occupied 25% of the market for jeans. Now the company is engaged in the development of such brands as Vans, Timberland, and The North Face.

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