Two apparel giants, Levi Strauss and VF Corporation, just released financial results that reveal starkly different fortunes. Levi has posted eight consecutive strong quarters, while VF faces long-term challenges, including a reported 74% decline over five years.

Levi Strauss has surpassed the 80 Relative Strength mark, highlighting the denim leader’s improving technical performance. Investor’s Business Daily notes that this upgrade underscores the company’s rising momentum in the market.

Levi Strauss & Co. has announced the closure of its Hebron, Kentucky, distribution center, leading to layoffs for 346 employees. The move marks a significant impact on the local community and economy.