Blog: Leonie BarrieSignature write-off

Leonie Barrie | 19 September 2006

Fierce competition in the European ‘value’ market, where retailers have perfected the art of cheap private label or exclusive brand lines, has finally defeated Levi Strauss which is to pull its low cost Signature line from European supermarkets. Levi’s diminishing cachet in Europe led to a 17% drop in first half sales here to $196.5m from $237m the year before, so this latest decision is a heavy blow to the US jeans maker which is in the midst of a long struggle to turn round profits and revenues.

When the Signature line was launched in 2004, Levi Strauss had high hopes of building the value channel “as a destination of choice for European jeans wear consumers,” and even expanded the range to include underwear and socks. But while the value channel has definitely been on the ascendant – Key Note says two-thirds of adults now shop at grocery superstores for clothing and footwear – this growth has not been to Levi’s advantage. The GBP25 Signature brand jeans compete with Tesco’s GBP3 own label; and customers on the look-out for edgier fashions instead track down the George ‘Must Have’ range at Asda.

Levi to scrap Signature brand in Europe


BLOG

Slowing economic growth weighs on 2020 sentiment

As we move into the final month of the year, it’s not surprising that anxiety and concern appears to be the prevailing mood across the fashion sector for 2020. A new report offers the ten trends set t...

BLOG

Sustainability is fast fashion’s Achilles heel

Two aspects of sustainability – environmental impact and worker well-being – are often buried under greenwashed marketing and feel-good statistics; the seeds of where fast fashion's demise have taken ...

BLOG

Vietnam's textile-garment plan hits hurdles

domestically-made textile inputs remains a major problem that continues to hinder clothing manufacturers in the country....

BLOG

Levi Strauss leads on green supply chain in China

Sustainability remains top of mind for the industry with Levi Strauss, Adidas and C&A ranked amongst the leading brands to have made progress in environmental supply chain management in China over the...

just-style homepage



Forgot your password?