Wednesday, August 10, 2005

Denim Inflation

Let's reminisce for a second. Remember when a pair of Diesel Jeans only cost $120. Most of us might own one pair at most, and the rest would be lesser brands. Now however, Diesel's are approaching $200 and we don't even bat an eye at spending over $100 for a pair of jeans. Relief may be in sight. According to Slate, the highpriced denim market has supposedly reached saturation. True Religion's stock has already declined 15 percent in the last few months and some analysts are predicting that some of the new entrants into the market, with $500 pairs of jeans won't survive. We'll just have to see.

1 comment:

TOS said...

If they ain't on sale at the Lucky 50% off sale I ain't buyin' them!