Privately held Levi Strauss & Co has filed records with federal regulators showing the gravity of the jeans maker’s financial situation. Profits fell to $5.4 million in 1999, down from $102.5 million in 1998. Revenue fell from $6 billion to $5.1 billion in the same period.The 147-year-old company, which is not required to disclose financial figures to the public, filed its report Thursday with the federal Securities and Exchange Commission.

Subscribe to Just Style

Join over 70,000 apparel industry professionals by unlocking full access for just £1 (plus VAT if applicable)


Already a Member? Login here


Just Style membership gives you:

  • Unlimited access to Just Style content including in-depth analysis, exclusive blogs, industry executive interviews and management briefings
  • Unbeatable market coverage from apparel sourcing and supply chain issues, to emerging markets and manufacturing
  • Unrivalled apparel industry comment from journalists including Leonie Barrie, Michelle Russell, Hannah Abdulla and Beth Wright.
Want multi-user access? Explore our multi-user & corporate memberships

70% of the apparel and textile companies in the Forbes Global 2000 use Just Style

Find out more