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

FACTBOX-Retailers close stores around globe to curb coronavirus spread

Tue 17th March, 2020 12:36pm
(Adds Abercrombie, Canada Goose, Crocs, Guess, Levi Strauss,
Nordstrom, Sephora, T-Mobile)
    March 16 (Reuters) - Retailers have been closing stores
around the globe to reduce the risk of transmission of the
coronavirus, which has killed over 6,500 people and infected
more than 174,000 while disrupting supply and production chains.
    
    ABERCROMBIE  ANF.N 
    The U.S. casual wear retailer, which draws 70% of revenue
from its stores, said on Monday all of its brands' outlets
outside Asia-Pacific will be temporarily closed, although it
will continue to sell its products online in all regions.
    
    AB FOODS  ABF.L 
    The British diversified food processing and retailing
company shut 74 of its Primark fashion stores across Italy,
France, Spain and Austria in mid-March.  urn:newsml:reuters.com:*:nL4N2B92YR
    APPLE  AAPL.O 
    Apple said on March 14 it was closing all its retail stores,
except those in Greater China, for two weeks.  urn:newsml:reuters.com:*:nFWN2B4166
    
    CANADA GOOSE  GOOS.TO 
    The luxury apparel maker said it would close all retail
stores in North America and Europe from March 17 until at least
March 31, but keep stores open in Greater China.  urn:newsml:reuters.com:*:nFWN2B921V

    CROCS INC  CROX.O 
    The casual footwear maker said it would close its North
American retail stores from March 17 through March 27.
 urn:newsml:reuters.com:*:nFWN2B91W0
    
    FAST RETAILING  9983.T 
    Japan's Fast Retailing said on Tuesday it would temporarily
close all Uniqlo clothing stores in the United States. On
Monday, the company said only 30 of its 750 Uniqlo stores in
China were still closed.  urn:newsml:reuters.com:*:nT9N2AV00C
    
    FNAC DARTY SA  FNAC.PA 
    The France-based retailer of cultural, leisure and
technological products closed all its stores in Spain starting
from March 14.  urn:newsml:reuters.com:*:nL8N2B70DH
    
    GAP INC  GPS.N  
    Clothes retailer said on March 16 it was temporarily
reducing store hours for all U.S. and Canadian locations, and
closing over 100 stores.  urn:newsml:reuters.com:*:nL1N2B804C
    
    GUESS? INC  GES.N 
    The company said it will close all its retail stores in the
United States and Canada from March 17 to March 27. In Asia,
where store closures related to COVID-19 began, most
Guess-operated stores have already reopened.  urn:newsml:reuters.com:*:nFWN2B921K
    
    H&M  HMb.ST  
    The world's second-biggest fashion retailer said in
mid-March it was temporarily closing stores in 12 more markets,
as it reported a 24% quarterly sales slump in China.
 urn:newsml:reuters.com:*:nL8N2B91VX
    INDITEX  ITX.MC 
    Zara owner Inditex has temporarily closed its stores in
Spain from March 14, Europa Press said, citing company sources.
 urn:newsml:reuters.com:*:nL8N2B707O
    
    IKEA
    The Swedish home furnishings retailer closed 98 stores and
five shopping centres in mid-March in countries such as Spain,
Austria and Italy. In China, it has reopened all but two stores.
 urn:newsml:reuters.com:*:nL8N2B97WY  urn:newsml:reuters.com:*:nS3N28J00Q
    KINGFISHER  KGF.L 
    The home improvement group has closed its 221 Castorama and
Brico Depot stores in France until April 14, while its 28 stores
in Spain have also shut until March 29.  urn:newsml:reuters.com:*:nL8N2B926M
    
    LEVI STRAUSS & CO  LEVI.N 
    The U.S. apparel company closed all stores in the United
States and Canada on March 16 and expects them to remain closed
until March 27.  urn:newsml:reuters.com:*:nFWN2B914D
    
    LULULEMON  LULU.O  
    The sportswear company has closed its stores in North
America and Europe from March 16 until March 27.  urn:newsml:reuters.com:*:nFWN2B61FM
 urn:newsml:reuters.com:*:nL1N2B804C
       
    NIKE INC  NKE.N 
    The U.S. maker of athletic footwear and accessories will
close all of its stores across the United States, Canada,
Western Europe, Australia and New Zealand by March 27, it said
on March 15.  urn:newsml:reuters.com:*:nFWN2B61KB  urn:newsml:reuters.com:*:nL1N2B804C
    
    NORDSTROM INC  JWN.N 
    The U.S. fashion specialty retailer said on Monday it would
shut stores in the United States and Canada for two weeks
starting March 17 while keeping its apps and websites open.
 urn:newsml:reuters.com:*:nL4N2BA0M9
    
    PANDORA  PNDORA.CO 
    The Danish jeweller said in early March it had shut 30 of
its 148 shops in Italy, its third largest single market.
 urn:newsml:reuters.com:*:nL8N2AX2VV
    
    SEPHORA
    The French perfume and cosmetics retailer will close all its
retail stores in the United States and Canada from March 17
until April 3.
    
    T-MOBILE US INC  TMUS.O 
    The U.S. wireless carrier said it would close about 80% of
its stores while the remaining 20% would operate on reduced
schedules.  urn:newsml:reuters.com:*:nFWN2BA09R
    
    UNDER ARMOUR  UAA.N  
    Under Armour has shuttered all North America stores from
March 16 for about two weeks.  urn:newsml:reuters.com:*:nPn1v1kdwa  urn:newsml:reuters.com:*:nL1N2B804C
    
    URBAN OUTFITTERS  URBN.O  
    The apparel retailer, which owns brands including
Anthropologie and Free People, has closed all its stores
worldwide until at least March 28.  urn:newsml:reuters.com:*:nFWN2B61K5
    
    VERIZON COMMUNICATIONS INC  VZ.N 
    The company has temporarily closed a number of its U.S.
stores to expand its work-from-home policy to some of its retail
employees.  urn:newsml:reuters.com:*:nFWN2B61HO
    
    VF CORP  VFC.N 
    The North Face owner closed all owned retail stores across
North America from March 16 to April 5.  urn:newsml:reuters.com:*:nFWN2B90IW

 (Reporting by Sarah Morland and Zuzanna Szymanska in Gdansk; 
Editing by Josephine Mason and Jan Harvey)
 ((zuzanna.szymanska@thomsonreuters.com; + 48 58 778 52 86;))
© 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.