Levi Strauss

Retail Asia29/01/2021

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 last year has led to lower traffic at stores and fresh capacity restrictions for shopping […]

Retail Asia16/08/2019

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 sold in the US are manufactured in China, Bergh said, compared […]

Retail Asia29/04/2019

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 of earnings as a public company. Company chief executive Chip Bergh told that most of the store openings would be […]

Retail Asia13/04/2018

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 Americas. But operating income in […]

Retail Asia22/03/2018

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 and industry, Trump is now believed to be formulating sweeping tariffs on imported goods […]

Retail Asia17/02/2016

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 company remains upbeat about consumer spending regionally. “We are […]

Retail Asia23/04/2015

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 stay relevant and be at the centre of culture. It was […]

Tag: Levi Strauss

Levi Strauss forecast disappoints as pandemic resurgence shutters stores

Levi Strauss ‘deliberate’ in moving production away from China

Levi’s to opening 100 extra stores this year

Levi Strauss Asia growth slows down

New USA tariff plan draws backlash from US retailers

Levi Asia bullish

Levi Strauss aims to revive its past glory