Broke with its "no jeans allowed" -DENIM BUTTONS LEVI'S RETURNED TO WALL STREET AND SAW ITS SHARES SOAR ON ITS FIRST DAY OF TRADING, WITH THE NEW YORK STOCK EXCHANGE MAKING AN EXCEPTION FOR TRADERS TO WEAR JEANS
Nimes, the capital of the southern French province of galle, is close to the Mediterranean Sea and has a long history.From the middle ages, nim was known for weaving thick, sturdy canvas.Later, the thick cloth was exported to the United States and was soon used to make strong jeans.The cloth was first known as serge DE Nimes, or "Nimes".Later, the name was simplified to DE Nimes (Nimes), and finally evolved into the English word "denim", thus becoming the official name for denim.Denim: ['den hammer m] n
Levi's returned to Wall Street and saw its shares soar on its first day of trading, with the New York stock exchange making an exception for traders to wear jeans
It was supposed to be the most people wearing jeans in the more than 200 years since the New York stock exchange was founded.
On March 21, 2019, Levi's, a famous American casual denim clothing brand, was listed on the New York stock exchange (stock code: Levi), priced at $17 per share, and raised $600 million.To celebrate its IPO, the nyse broke with its "no jeans allowed" dress code for the first time, allowing it to wear denim on the day, turning the exchange into a sea of denim.Levi's also had a strong day, climbing 32 per cent to close at $22.41 a share, with a market capitalisation of $8.7bn.
FOLLOW US ON
www.denim-buttons.com