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Posted
Levi Strauss's second-quarter net income plunged 98 per cent because of weak sales of Dockers and Levi's. The company – which began making its famous jeans in San Francisco in 1853 and which is one of the world's largest brand names in clothing – is considering moving its headquarters and all 1,000 employees across the Bay Bridge to Oakland to save money.

ouch. at this rate, they might run out of money to file another law suit.

Posted

again? this is upsetting... do they think suing all these repro brands that charge upwards of $200 USD is going to attract those buyers? i can't even imagine what it's about this time; self edge doesn't sell any jeans that even remotely resemble levi's. i'll shake my head if it's over something stupid like "genuine quality" or "every garment guaranteed"

Posted
we need a LEAK!!

My bet is that Levi's is going after retailers, like SE. Same thing Viacom did with YouTube this week. Suing the distributor of products that violate trademark.

edit: If that be the case, God bless Kiya. He doesn't need that shit.

Posted

At this point, I'm equating Levis to Mike Tyson biting Evander Holyfield's ear off.

The last desperate act of a dying company. Shame really.... Let's watch this play out.

Posted

Didn't Kiya just post in the past week how a Levi's Exec came in to buy some jeans? Then he went on to say how he hoped it wasn't for "evidence?"

Talk about foreshadowing.

Posted

this doesn't help levi's at all if they expect us to buy from them again

well if this is all true, i can still buy some repros right? right?

Posted

If you googe levis lawsuit, it's funny to see how many companies they've sued over the past few years - almost everyone you can think of that makes jeans, especially other US based companies...pretty pathetic.

Posted

if it's true that Studio D'artisan will stop producing their older jeans or whatever, I would like to know if i can still purchase them before they get wiped out. Or any jeans for that matter.

Posted
Regarding that article, I don't see how it's possible for Levi's revenue to go from 1001 bn to 936m, I think it must be a typo.

1001m=>936m.

Previously Levi's was the parent company of Exxon?

Posted

Woohoo! Now you can have deadstock Levi's AND deadstock LVC! I imagine this is going to be really embarrassing for Levi's if they start sueing again. Then again, they could step up their game a bit in order to make up for the lack of sales.

Posted

The company reported revenue of $936m to 25 May, with $1.001bn in the year-earlier quarter. There were revenue increases in Europe and Asia Pacific but they only partly offset weak US sales. Net income fell from $46m to $1m.

Regarding that article, I don't see how it's possible for Levi's revenue to go from 1001 bn to 936m, I think it must be a typo.

1001m=>936m.

There's a decimal point in there, its $1.001bn..

Posted
Net income fell from $46m to $1m.

This is one of the most pathetic sales statistics I have ever heard of from a large well-known company.

Posted

1 million dollars!

drevil.jpg

maybe instead of suing other people, they should start looking into suing people within their own company -- the people who are running such a fine brand into the ground.

Posted

A friend of my family works in the downtown real estate market of San Francisco and told me Levi's plans on moving out of SF once the lease is up.

Posted
haha levis moving out of san francisco. Guess their brand just isn't what it used to be.

Levi's fucking sucks these days, but I'm not excited to see what takes their place on the corner of union square.

Posted
A friend of my family works in the downtown real estate market of San Francisco and told me Levi's plans on moving out of SF once the lease is up.

to oakland! RAISE UP!

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