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Tag: Levi Strauss & Co

How businesses are planning to bring workers back after coronavirus

At some point, the biggest American companies are going to tell their employees it’s time to leave home and return to work.  That decision will be fraught with risk without widespread testing for the COVID-19 virus. For some industries, such as Wall Street banks, ubiquitous testing is essential to bringing back their workforce to offices …

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At least 150 companies have warned investors

David Paul Morris | Bloomberg | Getty Images About 150 publicly traded companies have warned investors of the threat COVID-19 poses, with several anticipating they’ll miss guidance for the March quarter.  The new coronavirus was first discovered in December in China. At first, several companies had to suspend their supply chains or temporarily close brick-and-mortar …

At least 150 companies have warned investorsRead More

Forever 21 among bankruptcies that rocked the retail industry in 2019

A Barney’s store stands in lower Manhattan on August 06, 2019 in New York City. Barneys, one of America’s most exclusive clothing stores, has filed for bankruptcy. Spencer Platt | Getty Images 2019 brought with it more retail bankruptcies. And the implications have been more store closures, thousands of lost jobs and an vastly different …

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Shoppers might not be flocking to stores on Black Friday. But they’re still spending

This Black Friday, fewer shoppers are flocking to the mall to snag discounted clothing and electronics. Some stores looked eerily sparse. But that doesn’t necessarily mean spending is going to be weak this holiday season. It’s simply a sign of a fundamental shift happening in the retail industry: More purchasing is moving online. Shoppers already …

Shoppers might not be flocking to stores on Black Friday. But they’re still spendingRead More

Levi Strauss CEO Chip Bergh on taking big risks with the jeans brand

Jeans are displayed at a Levi Strauss store in New York, March 19, 2019. Shannon Stapleton | Reuters Chip Bergh took over as CEO of Levi Strauss & Co. in 2011 when the “death of denim” was in. Bergh, who had a long career at Procter & Gamble, made the move even though many others …

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‘The best innovation happens when you’ve got constraints’

As the old saying goes, constraint is the mother of innovation. Actually, that’s not quite what it says. But that is the essence of what Levi Strauss & Co. CEO Chip Bergh told CNBC’s Jim Cramer on Monday. “I personally believe that the best innovation happens when you’ve got constraints,” Bergh said on “Mad Money.” …

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More US retailers to participate in Alibaba’s Singles’ Day this year

Alibaba‘s annual e-commerce extravaganza is about to begin. And as the Chinese retail giant has courted more brands to participate, retailers around the world are bracing for the biggest shopping event of the year. Alibaba’s Singles’ Day debuted on Nov. 11, 2009, as a day for those people not in romantic relationships to celebrate themselves …

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Nordstrom gives online brands a home at its new store in Manhattan

Nordstrom’s shoe floor will sell everything from Jaggar slides to Allbirds sneakers. Source: Connie Zhou, Nordstrom You’ll find Nike sneakers, Christian Louboutin pumps, Levi’s denim and Saint Laurent dresses at Nordstrom’s shiny new department store in Manhattan. But you’ll also find a slew of younger, lesser-known brands that are surging in popularity, thanks to their …

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