Levi Strauss & Co. Announces Asset Purchase Agreement With Key South American Distributor
Levi Strauss & Co Class A (LEVI)
Last levi strauss & co class a earnings: 4/7 04:15 pm
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Source: Business Wire
Strategic acquisition to accelerate growth in region and further diversify business SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (NYSE: LEVI) today announced it has entered into an asset purchase agreement to acquire all operating assets related to the Levi’s® and Dockers® brands from The Jeans Company (“TJC”), LS&Co.’s distributor in Chile, Peru and Bolivia.? This includes approximately 80 Levi’s® and Dockers® retail stores, distribution with the region’s leading multi-brand retailers, and the logistical operations in these markets.“Over the course of our 30-year partnership, TJC has enhanced the market position of the Levi's and Dockers brands in Chile, Peru and Bolivia,” said Roy Bagattini, president of the Americas region at LS&Co. “We believe the acquisition of these assets will build on the strong foundation established by TJC and will position us to accelerate growth across the Andean region.”“Deploying capital through organic acquisitions is a key part of our long-ter
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LEVI
Earnings
- 4/3/24 - Beat
LEVI
Sec Filings
- 4/18/24 - Form DEFA14A
- 4/17/24 - Form 4
- 4/11/24 - Form 8-K
- LEVI's page on the SEC website