A denim bubble?

Permalink | August 16th, 2005

A denim bubble?

“They say they love my ass ‘n, Se7en Jeans, True Religion, I say no, but they keep givin’” -The Back Eyed Peas

According to analysts the denim market is about to burst at the seams, and they’re not talking about Apple Bottoms. The latest prediction in the who-can-call-the-next-bubble game seems to be the fickle denim market, propelled by hot celebrity asses in tight jeans.Slate Magazine reports:

Jeff and Kymberly Lubell, the husband-and-wife team who run True Religion and own more than 40 percent of the company’s stock, should enjoy this while they can, because there is a denim bubble, and it looks like it’s about to burst.

Though Alan Greenspan has yet to warn of “froth” in the pricey denim market, several analysts have been cautioning about a jeans glut since the beginning of the summer.

The analysts must be bored.

[thanks Ben]

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