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Levi Strauss & Co

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US Q4 in brief – Caleres, Urban Outfitters, Under Armour

14 February 2020 | just-style

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Urban Outfitters, Columbia Sportswear and Skechers have all booked record sales, while sportswear brand Under Armour has posted a net loss. Elsewhere, HanesBrands has delivered what CEO Gerald Evans Jr. called a "solid" fourth-quarter, while Levi Strauss has reported a drop in revenue and profit.... read more


US Q3 in brief –Boot Barn Holdings, VF Corp, Genesco

5 February 2020 | just-style

In the latest third-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered an increase in both profit and revenue with the company "well-positioned" to deliver a solid finish to fiscal 2020, Stage Stores has narrowed its net loss, and American Eagle Outfitters has booked record sales. Elsewhere, J.Crew Group has announced an agreement on the terms of a transaction that will enable it to separate its J.Crew and Madewell brands into two independent companies and pursue a proposed IPO of Madewell. ... read more


Levi Strauss closes half China stores over coronavirus

31 January 2020 | Beth Wright

Denim giant Levi Strauss & Co expects the coronavirus outbreak in China to knock revenues in the first quarter of 2020 and is understood to have shut about half of its stores in the country amid the epidemic.... read more


Woolworths warns on H1 as Levi's Bagattini named CEO

28 January 2020 | Hannah Abdulla

South African retailer Woolworths has warned on profits for the half-year after sales were impacted by a "constrained economic environment" and unseasonal weather, which impacted December trade.... read more


Management shakeup at Levi Strauss

15 January 2020 | Hannah Abdulla

Denim giant Levi Strauss & Co. (LS&Co.) has announced the departure of Roy Bagattini as executive vice president and president for Levi Strauss Americas.... read more


Levi Strauss, Hohenstein partner on safer chemicals project

20 November 2019 | Hannah Abdulla

Levi Strauss has announced a collaboration with international services and testing provider Hohenstein to utilise the Eco Passport by Oeko-Tex certification system in its supply chain, signifying a step toward safer chemistry in the apparel industry.... read more


Levi Strauss & Walmart cut their chemical footprints

18 November 2019 | Michelle Russell

Levi Strauss & Co and Walmart are among the leading companies when it comes to disclosing information about efforts to reduce their chemical footprints, according to a new survey.... read more


US Q2 in brief – Boot Barn Holdings, VF Corp, Stage Stores

1 November 2019 | just-style

In the latest second-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered what CEO Jim Conroy called an "outstanding" second-quarter, VF Corp has reaffirmed its full-year outlook, and Oxford Industries has posted its tenth consecutive quarter of consolidated comparable sales growth. Elsewhere, Genesco moved to a profit, while G-III Apparel Group has revised its full-year guidance in the wake of Trump's latest tariff hike. ... read more


Levi Strauss shares long-term ambition to slash water use

17 October 2019 | Beth Wright

Levi Strauss & Co recently embarked on a new global water strategy that will see the jeans giant focus reduction efforts on the most water-stressed sourcing countries in its supply chain. Michael Kobori, vice president of social and environmental sustainability, tells just-style why the move paves the way to its long-term goal of using only as much water as replenishes naturally wherever it is operating – and why extending this work beyond the factory fence is key to driving wider change?.... read more


Levi Strauss FY on track despite Q3 profit drop

9 October 2019 | Beth Wright

Shares in Levi Strauss & Co remained down by more than 4% this morning (9 October) after the US jeans giant said is confident its full-year performance remains on track, despite a 4% drop in third-quarter profit and challenges in its US wholesale business.... read more


Pilot project to pay garment workers digitally in Egypt & Cambodia

27 September 2019 | Beth Wright

Levi Strauss & Co, Marks & Spencer, and VF Corporation have partnered with Mastercard on a global effort to pay garment factory workers digitally with the group coordinating pilots in Egypt and Cambodia.... read more


Levi Strauss funds climate change innovations

27 September 2019 | Beth Wright

Denim giant Levi Strauss & Co (LS&Co) is granting more than US$380,000 to the second class of its Collaboratory fellowship – a programme aimed at accelerating innovation in sustainable apparel.... read more


Levi Strauss debuts indigo 'cottonised hemp' collection

10 September 2019 | Beth Wright

Levi Strauss has revealed its latest collection in partnership with US menswear brand Outerknown, in which every item is made using rain-fed cottonised hemp, which is now available in true blue indigo denim for the first time. ... read more


Levi Strauss to buy key South American distributor for $35m

3 September 2019 | Beth Wright

Levi Strauss & Co is to acquire all operating assets related to the Levi’s and Dockers brands from The Jeans Company (TJC), the denim giant's distributor in Chile, Peru and Bolivia.... read more


Levi Strauss partners on Pakistan water project

29 August 2019 | Beth Wright

Denim giant Levi Strauss & Co is working on a project to restore the Ravi River basin in Pakistan as part of wider plans to halve the amount of water used for manufacturing in areas of high water stress.... read more


Levi Strauss sets new water targets for global suppliers

22 August 2019 | Hannah Abdulla

Jeans-maker Levi Strauss & Co (LS&Co) is shifting from a singular "one-size-fits-all" strategy to water management in sourcing countries to a more responsive approach that sets stringent standards for supplier facilities and allow it to focus reduction efforts where they are needed most.... read more


Nike teams with Levi Strauss on footwear customisation

22 August 2019 | Beth Wright

Nike is teaming up with jeans giant Levi Strauss & Co to offer consumers the chance to customise its footwear with Levi's fabrics and trims.... read more


Apparel brands unite to tackle gender-based violence in Lesotho

16 August 2019 | Beth Wright

Levi Strauss & Co, The Children's Place, and Kontoor Brands are launching a comprehensive pilot programme to prevent gender-based violence and harassment (GBVH) in garment factories in Lesotho after an investigation documented a "deeply concerning" pattern of abuse and harassment at a key suppliers in the country.... read more


Why the fashion industry must get ahead of its massive pollution problem

8 August 2019 | Guest author

Levi Strauss has taken the lead on climate commitment – but where does the rest of the fashion industry stand today? asks Todd Paglia, executive director at Stand.earth.... read more


US Q1 in brief – Boot Barn Holdings, VF Corp, Cherokee Global Brands

1 August 2019 | just-style

In the latest first-quarter filings from US apparel and footwear brands and retailers, VF Corp has raised its fiscal 2020 outlook, Cherokee Global Brands booked a mixed first quarter and announced it will officially rebrand to Apex Global Brands, Destination Maternity reported a challenging start to the year amid the news Marla Ryan will step down as CEO, while PVH Corp saw profits slip. Dick's Sporting Goods enjoyed higher sales as did Footlocker. ... read more


Levi Strauss launches laser-powered customisation platform

25 July 2019 | Beth Wright

US jeans giant Levi Strauss & Co has introduced a new online customisation platform that uses the laser-powered technology developed through its Project FLX initiative to digitise the design and development of denim finishing.... read more


Levi Strauss teams with IFC on supply chain climate targets

28 June 2019 | Beth Wright

Levi Strauss & Co has inked an agreement with the International Finance Corporation (IFC), part of the World Bank Group, to finance initiatives to reduce emissions and water use at its textile supplier factories.... read more


H&M and Gap Inc top Better Cotton sourcing leaderboard

18 June 2019 | Beth Wright

Swedish apparel giant Hennes & Mauritz (H&M), furniture giant Ikea, and US speciality apparel retailer Gap Inc have topped a new ranking by the Better Cotton Initiative (BCI) based on their total Better Cotton sourcing volumes in 2018. ... read more


US Q4 in brief – VF Corp, Boot Barn Holdings, Destination Maternity

23 May 2019 | just-style

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Iconix Brand Group reported a GAAP net loss, CEO of PHV Corp, Emanuel Chirico, said the company is "very pleased" with its fourth-quarter and full year 2018 results, and Guess Inc released its first results under new CEO Carlos Alberini.... read more


Levi Strauss launches denim recycling programme

29 April 2019 | Beth Wright

US jean giant Levi Strauss & Co has partnered with Cotton Incorporated to encourage shoppers to recycle denim with a new campaign.... read more


Levi Strauss delivers strong growth in first results since IPO

10 April 2019 | Leonie Barrie

Jeans giant Levi Strauss & Co has delivered strong top and bottom line growth in the first set of quarterly results since its initial public offering last month, and revealed plans to open about 100 new stores in fiscal 2019.... read more


PETA buys shares to sway sourcing at Levi Strauss, Boohoo

28 March 2019 | Beth Wright

Animal rights group PETA has snapped up shares in online fashion retailer Boohoo and jeans giant Levi Strauss & Co as part of a bid to influence the companies' sourcing decisions. ... read more


The price of US imports from China continues to fall

19 March 2019 | Leonie Barrie

Despite concerns about sourcing from China amid an intensifying trade war with the US, newly-published figures show China continues to dominate US apparel imports – with import volume rising and prices continuing to fall again last year.... read more


Outlook for UK retailers looks bleak

11 March 2019 | Hannah Abdulla

The outlook for UK retailers continues to look bleak. UK department store John Lewis blamed a "challenging" retail backdrop for a more than 45% drop in full-year profits to GBP160m. It was a similar story for rival Debenhams, which issued a warning on full-year profits based on poor sales performance. In an update, the retailer said for the 18 weeks to 5 January, gross transaction value fell 5.6% and like-for-like sales were down 5.7%. ... read more


Levi Strauss could raise US$587m through IPO

11 March 2019 | Beth Wright

Denim giant Levi Strauss & Co could expect to raise as much as US$587m through its initial public offering (IPO) which commenced today (11 March) amid plans to offer 36.7m shares priced at $14 to $16 each.... read more


Levi Strauss develops 'cottonised hemp' denim blend

8 March 2019 | Hannah Abdulla

Jean-maker Levi Strauss as rolled out its latest capsule collection of responsibly made products, this time featuring a  new form of "cottonised hemp" denim, marking another step forward in its quest to create a more sustainable denim industry.... read more


How Levi Strauss is driving sustainable change

4 March 2019 | Beth Wright

The denim and jeans sector is having to work tirelessly to change perceptions over its sustainability, or lack of it. But change is nigh, promises Michael Kobori, vice president of social and environmental sustainability at Levi Strauss & Co. The company recently expanded its Partnership for Cleaner Textiles (PaCT) programme to four countries in Asia and is now engaging in one of its most ambitious plans to date, with a target to cut carbon emissions across its supply chain by 40% by 2025. "At this point, that is the most aggressive target in the industry, we believe, in terms of both the magnitude and the timeframe," Kobori tells just-style.... read more


British MPs call for laws to tackle fast fashion

25 February 2019 | Hannah Abdulla

The UK government is being urged to introduce legislation that requires fashion brands and retailers to perform due diligence checks across their supply chains and take more responsibility for the environmental impact of their businesses. ... read more


Cambodia facing trade benefits suspension

18 February 2019 | Beth Wright

The European Union has officially started the process that could lead to the temporary suspension of Cambodia's preferential access to the EU market under the Everything But Arms (EBA) trade scheme. The move follows a warning toCambodia in Octoberthat without clear and demonstrable improvements to its human rights situation there would be asuspension of trade preferences. Not surprisingly, the news has disappointedthe Garment Manufacturers Association in Cambodia (GMAC), which sayssuch a movewould jeopardise the country's efforts to build a responsible apparel supply chain.... read more