Wei ZhangFashion
Levi’s Expands India Store Footprint and Women’s Wear to Chase Global Sales Target
Direct-to-consumer ICON stores now generate roughly 20 per cent of the denim maker’s India revenue following its 500th store milestone.
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Levi Strauss
Every story tagged Levi Strauss on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Levi Strauss
10 stories in this topic
Aiko TanakaFashion
Levi Strauss & Co. Sees Robust Q3 Growth Driven By Direct-to-consumer Sales Surge
Levi Strauss & Co. continues to prove its strength in the retail industry, experiencing significant profit in the third quarter. The primary factor driving this growth is the double-digit increase in sales through the company’s direct-to-consumer (DTC)…
Minjun ParkFashion
Veteran Leader Hiren Gor Appointed As Levi Strauss & Co.’s Managing Director For Emerging Markets
Levi Strauss & Co has appointed Hiren Gor as the Managing Director for the South Asia, Middle East, and Africa (SAMEA) region, effective immediately. Gor is a veteran leader with a 16-year tenure at Levi’s, with his previous role being the General Manager for…
Rajiv MenonFashion
Levi Strauss forecast disappoints as pandemic resurgence shutters stores
Levi Strauss & Co on Wednesday forecast first-quarter results below analysts’ estimates as the resurgence of COVID-19 shutters the denim maker’s stores in major markets, sending its shares 9% lower in extended trading. The spike in coronavirus cases from late…
Aiko TanakaFashion
Levi Strauss ‘deliberate’ in moving production away from China
Levi Strauss & Co has been “deliberate and diligent” in moving production out of China because of uncertainty hanging over tariffs on goods imported from China, CEO Chip Bergh has told Reuters in an interview. Just 1 percent or 2 percent of Levi’s product…
Sarah ChenFashion
Levi’s to opening 100 extra stores this year
San Francisco-based retailer Levi Strauss announced plans to open 100 new company-operated stores this year. The apparel maker, which launched on the US stock market last month, announced its plans for the store openings alongside a well-received debut batch…
Aiko TanakaFashion
Levi Strauss Asia growth slows down
Levi Strauss Asia growth last quarter was solid – but well behind the US and Europe rates. Higher profit in all three regions reflects improved margins. Levi Strauss Asia sales were up 9 per cent compared to a 46 per cent rise in Europe and 14 per cent in the…
Minjun ParkFinance
New USA tariff plan draws backlash from US retailers
Failing US president Donald Trump is facing widespread backlash from US retailers and brands over his intention to trigger a trade war with China and other nations. Just days after announcing tariffs on steel imports against the advice of officials, lawmakers…
Minjun ParkFashion
Levi Asia bullish
Asia will be the backbone of global denim wear brand Levi & Strauss growth in the short and long term according to its CEO. Despite the slowing economic growth in the region, driven by China’s marked slowdown, Levi CEO and global president Chip Bergh says his…
Wei ZhangFashion
Levi Strauss aims to revive its past glory
Founder Levi Strauss patented the blue jeans in 1873 but the brand itself was established in 1853, and today its jeans can be found in over 2,800 stores in 110 countries. Although long enjoying iconic status, it has been difficult for Levi’s to consistently…