High End Jeans Still Hold Up Despite Economic Concerns
TickerMine keeps working to alert readers to trends in the real economy with our primary data service.
One of the more interesting segments right now in the retail space is the high end jean product category. We have just posted two stories to TickerMine with results showing that demand remains strong for high end jeans in general and specifically for Joe’s Jeans and True Religion jeans.
True Religion (TRLG) share price has been on positive tear for the past month. Event today with oil breaking throug $132 and the doomsayers out, TRLG is up almost a $1.
Interesting in this space, Joe’s Jeans is now seen the “hippest” brand displacing True Religion in our earlier surveys. JOEZ stock price has not moved much over the past three months and we believe that it is a combination of size, let’s be honest Joe’s is under $100 million in market cap, and skepticism about the ability of demand to hold up for high end jeans.
We put all the data on TickerMine so everyone can judge for themselves by becoming a Diamond Miner subscriber.
4 months ago