
The company has been impacted by the wholesales channel crisis in the United States, where it reduced its sales by 4% in the third quarter of the year.
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The American company Levi Strauss, whose history related to the beginning of denim, continues to be a leader in the business in the world. The company started in 1873 in the United States and today has more than 2,800 stores on five continents.
The company has been impacted by the wholesales channel crisis in the United States, where it reduced its sales by 4% in the third quarter of the year.
However, the San Francisco-based company disappointed the market and its shares shed 6% on Tuesday. Second-quarter revenues rose just 5%, reaching 1.3 billion dollars.