Levi’s
This coverage explores Levi’s activities and strategic direction in the UK retail and apparel market. Reporting highlights store openings and refurbishments, wholesale and licensing agreements, marketing campaigns, sustainability initiatives, financial results, and leadership updates — providing valuable insights for retail executives, brand managers, and professionals overseeing denim, fashion, and lifestyle retail operations.
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Apr- 2024 -8 AprilClothing & Shoes
Levi’s posts $11m loss despite increase in DTC revenue
Denim brand Levi Strauss and Co has reported a net loss of $11m (£8.71m) in Q1 2024 compared with net income of $115m (£91.09m) in the prior year. The group’s net revenue also decreased 8% to $1.6bn (£1.27bn) in Q1 2024 primarily due to the shift in wholesale shipments from…
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Feb- 2024 -26 FebruaryNews
Lululemon to open upsized flagship in Covent Garden
Athletic apparel brand lululemon will be relocating and upsizing its flagship store within The Yards, Covent Garden. Taking a new corner unit on Long Acre, the new 8,364 sq ft store will mark an 130% upsize. Set to open later this summer, the flagship West End store will showcase lululemon’s…
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1 FebruaryHigh Street
M Core acquires Princes Square in Glasgow
Commercial property and investment collective, M Core, has announced its acquisition of the Princes Square retail development in Glasgow city centre for an undisclosed sum. Princes Square, occupying a prime position on Buchanan Street, has been “widely acknowledged” as the UK’s best retail centre outside of London. The 118,625 sq…
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Jan- 2024 -3 JanuaryNews
The O2 sales jump 31% in 2023
The Entertainment District and Outlet Shopping at The O2 has reported a record-breaking year of trade in 2023, with a 31% sales increase compared with like-for-like trading days in 2022. Across the year, The O2 welcomed over 8.9 million visitors to the destination (up 17% compared to 2022 footfall), and…
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Dec- 2023 -12 DecemberNews
Under Armour opens store at The O2
Under Armour, the global sports apparel brand, has opened its London outlet debut store at Outlet Shopping at The O2, which is owned and operated by Waterfront Limited Partnership, a joint venture between AEG and Crosstree Real Estate Partners. The new Under Armour store occupies 3,949 sq ft on Outlet…
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8 DecemberPeople Moves
Levi’s CEO to retire in April 2024
Levi’s has announced that president and CEO Chip Bergh has decided to retire from the company, effective from 26 April 2024. As a result, the group’s board of directors has elected Michelle Gass, the current president, to succeed Bergh in the role of president and CEO from 29 January 2024.…
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Nov- 2023 -13 NovemberNews
Tommy Hilfiger and Calvin Klein open at Caledonia Park
Tommy Hilfiger and Calvin Klein have opened at Caledonia Park, Scotland’s premium designer outlet village. Tommy Hilfiger has opened a 5,000 sq ft store at the centre, joining anchor brands such as Nike, Adidas, and POLO by Ralph Lauren. Stocking menswear and womenswear defined by the brand’s “classic American cool”…
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Aug- 2023 -22 AugustNews
Gap creative director steps down
Gap global creative director Len Peltier has stepped down from his role in July, Drapers has revealed. Peltier, who held the role since 2020, oversaw Gap’s creative campaigns for both its UK and global audiences. He initially joined the company in 2017, when he became creative director of Banana Republic,…
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Jul- 2023 -10 JulyNews
Levi’s revenues dip 9% in Q2
Levi Strauss and Co recently reported a 9% revenue decrease to $1.3bn (£1bn) for the period ended in May 2023. Wholesale net revenues decreased 22% on reported and constant-currency bases as strong growth in Asia and Latin America was offset by declines in North America and Europe. In the American…
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Apr- 2023 -24 AprilNews
Levi Strauss appoints new chief marketing officer
Levi Strauss & Co has recently announced the appointment of Kenny Mitchell as senior vice president and chief marketing officer of the brand, effective from June 5. Mitchell will be responsible for advancing the brand’s consumer marketing strategies, focused on building denim leadership equity, cementing its position as a lifestyle…
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