Levi s brings inventory under control, expands supplier base retaildive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from retaildive.com Daily Mail and Mail on Sunday newspapers.
Clothing company Levi Strauss & Co saw higher direct-to-consumer net revenue in the third quarter, thanks to its mainline and outlet stores and e-commerce.
The company posted a 58% year-on-year increase in net sales in India to Rs 1,154 crore in FY22, as per the latest available filing. However, unlike rivals that report retail sales, Levi’s revenues are not comparable because sales are accounted at wholesale prices to franchise partners.
Levi Strauss Cuts Annual Forecasts as Promotions, Wholesale Weakness Weigh businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.