Quote:
Originally posted by MaRy
that is what the article says if you read it. Reported for flamebait and being out of topic 
|
I did read the article. A step you seem to have skipped.
No where in the article does it say that it has lost billions. That is a lie you made up.
What it ACTUALLY says:
"revenue exceeding $7 billion. Sales have since sagged to $4.8 billion."
Decreasing revenue does not equal money lost. Anyone who has taken a high school business class knows that you CANNOT actually lose money on revenue. It is impossible.
Revenue is the total amount of money brought in by a company. You can take a loss when you calculate profits on the other hand, but this article says NOTHING about how much profit Levi's has been making.
Levi's actually made more than 100 million in profits last year. Which makes your thread title a lie.