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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)…
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…
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…
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…
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…
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…
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…
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…
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…
