Levis Strauss news and archive

Levi Strauss integrates operations in Colombia and expands its presence in Spain

Levi Strauss & Co. continues to advance its global strategy of direct control over its international operations. According to Modaes, citing the Mercantile Registry, the company has acquired its business in Colombia through its Spanish subsidiary, Levi Strauss de España. In February 2024, this entity reportedly executed a capital increase of...

Fashion

Levi's launches campaign with climate activists

Global denim brand Levi’s has launched a new campaign to spread awareness about the environmental impacts of the fashion industry with the help of activists making an impact in their communities. Levi’s stated it is committed to driving ambitious climate and water action by investing in material and technology to help combat climate change. The...

Member

Business

Levi Strauss files for initial public offering

Iconic denim jeans company Levi Strauss & Co. Wednesday said it has filed for an initial public offering. The 145-year old company plans to list its shares on the New York Stock Exchange under the symbol "LEVI." The company said the number of shares to be offered and the price range for the proposed offering have not yet been determined....

Design

Fitch downgrades Levi Strauss

Fitch Ratings has affirmed its Issuer Default Rating (IDR) on Levi Strauss & Co. (Levi's) at 'B+' and revised the company's Rating Outlook to Negative from Stable, as reported by Reuters Wednesday. In addition, Fitch affirmed Levi's credit facility and downgraded the company's unsecured term loan and notes, as the denim company had $2 billion of...