Levi’s posts 15% uptick in annual retail sales

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Levi Strauss & Co’s direct-to-consumer revenues surged 15 per cent throughout 2017, allowing the company to achieve one of its best revenue gains in a while. The annual uptick in retail sales was boosted by a 20 per cent spike in the fourth quarter ending November 26, thanks to the opening of 53 directly-operated stores throughout the year and 13 per cent growth in its Asian market. READ MORE: Levi’s records 4th consecutive year of profits Big Interview: Claudia Roggenkamp, VP Ecommerce Europe, Levi’s Meanwhile, the wholesale arm of the US-based fashion company – which operates Levi‘s stores around the UK and trades online – saw growth of 10 per cent for the fourth quarter and a five per cent uptick for the full year.

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Levi’s posts 15% uptick in annual retail sales

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