Levi Strauss & Co logo

LEVI - Levi Strauss & Co News Story

$12.92 0.1  0.4%

Last Trade - 25/09/20

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £4.02bn
Enterprise Value £4.24bn
Revenue £3.94bn
Position in Universe 1089th / 6417

BUZZ-Retailers slide after virus spread forces store closure, broader sell-off

Mon 16th March, 2020 2:46pm
** Levi Strauss  LEVI.N  and VF Corp  VFC.N  say they would
temporarily shut stores in a bid to contain the spread of
coronavirus
    ** The announcements come after a host of retailers,
including Nike  NKE.N , Abercrombie & Fitch  ANF.N  and
Lululemon Athletica  LULU.O , made similar announcements over
the weekend
    ** All 26 constituents in the S&P 500 Retailing Index
 .SPXRT  down between 2.9% and 23.4% amid a broader sell-off
    ** Retailers Costco Wholesale  COST.O , Target  TGT.N , Home
Depot  HD.N , Macy's  M.N , Best Buy  BBY.N , Nordstrom  JWN.N 
and J.C. Penney  JCP.N  slide between 5.4% and 22.1%
    ** Apparel makers Levi Strauss  LEVI.N , Urban Outfitters
 URBN.O , American Eagle  AEO.N , Nike  NKE.N , Lululemon
 LULU.O , Abercrombie & Fitch  ANF.N  and Guess  GES.N  down
between 6.5% and 23.4%
    ** Luxury goods companies also down, with Versace owner
Capri  CPRI.N , Ralph Lauren  RL.N  and Coach owner Tapestry
 TPR.N  down over 12.8% each

 (Reporting by Praveen Paramasivam in Bengaluru)
 ((Praveen.Paramasivam@thomsonreuters.com; within U.S. +1 646
223 8780 (Extn. 3478), outside U.S. +91  80 6182 3478;))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.