Levi Strauss
This coverage explores Levi Strauss’s strategy and performance in the UK retail market, offering insights for executives, managers, and brand professionals. Reporting includes store openings and refurbishments, marketing campaigns, product launches, leadership changes, and the brand’s positioning within the denim and casualwear sector. The analysis helps professionals assess Levi Strauss’s growth plans, customer engagement, and competitive approach in UK fashion retail.
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Jan- 2023 -26 JanuaryClothing & Shoes
Levi’s profits fall 9% despite surge in revenues
Levi’s has revealed its gross profit fell 9% to $887m (£716m) for the year 27 November 2022. However, it also reported a 7% year on year increase in revenue to $6.2bn (£5bn) (12% on a constant-currency basis). Net revenue of $1.6bn (£1.29bn) in the fourth quarter represented a 6% year-on-year…
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Nov- 2022 -16 NovemberClothing & Shoes
Levi Strauss names new CEO and president
Clothing retailer Levi Strauss and Co has announced the appointment of Michelle Gass to the position of president, effective from 2 January 2023 when she is also expected to join the company’s board of directors. The news comes as Levi’s reportedly plans for Gass to succeed Chip Bergh as CEO…
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Oct- 2022 -10 OctoberHigh Street
Levi Strauss & Co reports stagnant profits amid unfavourable conditions
Levi Strauss and Co has announced its gross profits for the three months ended 28 August 2022 were up by 0.08% year on year to $862.9m (£775.6m), with unfavourable currency exchanges, higher product costs and lower full-priced sales marked as the main barriers faced by the company. As a result,…
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Jul- 2022 -11 JulyClothing & Shoes
Levi Strauss & CO revenues jump 15% to £1.25bn
Levi Strauss and Co has revealed its net revenues climbed 15% to $1.5bn (£1.25bn) in its second quarter after global direct-to-consumer sales rose by 16%. In the three month period ended 26 May, the group also reported strong growth in its company-operated store sales which increased by 23%. The second…
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Aug- 2021 -9 AugustClothing & Shoes
Levi Strauss acquires Beyond Yoga
Levi Strauss and Co (Levi’s) has announced the acquisition of premium athletic and lifestyle apparel brand Beyond Yoga for an undisclosed cash consideration. Following the expected close of the deal in Q4 FY21, Beyond Yoga will be brought to more consumers via brick and mortar retail, gender and category growth,…
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Mar- 2021 -11 MarchNews
Levi Strauss & Co board chair to retire
Levi Strauss & Co has announced that Stephen C. Neal, the current board chair, will step down on 26 March, 2021, after reaching the mandatory board retirement age of 72. In his place, the board has unanimously appointed Robert A. Eckert to succeed Neal as board chair, effective 26 March,…
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Feb- 2020 -19 FebruaryPeople Moves
Nike announces senior leadership changes
Sportswear giant Nike has announced a raft of changes to its senior leadership team, marking the first set of appointments under new CEO John Donahoe. Nike has appointed Heidi O’Neill as its president of consumer and marketplace, effective 1 April, succeeding Elliott Hill, who is retiring from the company. In…
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Oct- 2018 -11 OctoberClothing & Shoes
Levi’s posts double-digit Q3 sales increase
Levi Strauss and Co. has reported a 10% increase in retail sales during the twelve weeks to 26 August, as the fashion retailer delivered its fourth consecutive quarter of revenue growth. Levi’s net revenue for the three-month period was $1.39bn (£1.05bn) up from $1.26bn (£955m) the previous year. The growth…
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Feb- 2018 -9 FebruaryClothing & Shoes
Levi’s reports ‘strongest revenue year for more than a decade’
Levi Strauss & Co has announced its ‘strongest revenue year for more than a decade’, in its report for the fourth quarter and fiscal year ending 26 November 2017. Levi Strauss & Co’s direct-to-consumer revenues increased by 15% for the year, which was boosted by a 20% increase in Q4.…
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