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LEVI - Levi Strauss & Co News Story

$12.92 0.1  0.4%

Last Trade - 25/09/20

Consumer Cyclicals
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
    ** 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;))
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