Pause operations: company temporarily curtailing operations while keeping return options open

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Levi Strauss & Co. is an American company, a well-known clothing manufacturer.

 
 
 

Pause operations: company temporarily curtailing operations while keeping return options open

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Revenue(RF), mln.USD
8
Assets(RF), mln.USD
19
Capital(RF), mln.USD
17
Glob.Revenue, mln.USD
6179
Staff(RF), 2021
803
Taxes(RF), mln.USD
11
The Company Statement
June 16, 2024

Pausing commercial operations in Russia. Donating $300K to humanitarian charities including International Rescue Committee and CARE with employee matching 2:1 up to $200K. Licensees donating jackets and warmer clothes to Urkainian refugess. (About 2% of revenue comes from Russia). The company continues to operate in the regions and made deliveries in 2023. Significantly reduced revenue in 2023 vs 2022.

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Statements Archive
December 20, 2023Big companies are not ready to lose any potential revenue from Russia, so they just re-route their stuff via countries like Turkey and change their store names to different ones
February 10, 2023S & H Co Ltd By Order of Levi's Strauss & Co Europe Sca/cva | See Full Import/Export History | ImportGenius
September 12, 2022How Western brands 'left' Russia | Life in Russia after sanctions
May 23, 2022Levi Strauss & Co denim clothing chain will finally leave the Russian market - mass media
March 07, 2022Our Humanitarian and Business Response to the Crisis in Ukraine
March 07, 2022Levi's halts sales in Russia, evoking Cold War scrambles for blue jeans
March 07, 2022Clothing manufacturer Levi Strauss & Co "temporarily" stopped working in Russia
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