When there is a evident global pressure over consumer demand , Levi’s financial result has come as sigh of relief for the international apparel industry.
The pioneers of blue jeans- LEVI’s posted a growth of 15 per cent for the year ended 2017 and 20 per cent growth in the 4th quarter ending November,26. The company has opened 53 directly operated stores throughout the year and has managed to achieve a 13 per cent growth in the Asian Markets in the last quarter of the year. The company is planning to open 100 new stores this year, mostly outside of the United States, as it concentrates on international sales and building markets in China, India and the Americas.
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