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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

Wed 18th March, 2020 12:53pm
(Adds American Eagle, Buckle, L'Oreal, Macy's, Saks, Samsung
Elec, Tiffany)
    March 18 (Reuters) - Retailers have been closing stores
around the globe to reduce the risk of transmission of the
coronavirus, which has killed over 8,000 people and infected
more than 204,000 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
    
    AMERICAN EAGLE OUTFITTERS INC  AEO.N 
    The Pennsylvania-based clothing retailer has temporarily
closed all American Eagle and Aerie stores across the United
States and Canada until at least March 27. Online shopping is
set to continue.  urn:newsml:reuters.com:*:nFWN2BA0XN
    
    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
    
    BUCKLE INC  BKE.N 
    The U.S. retailer of casual footwear and accessories for
young men and women said on Tuesday it would close all
brick-and-mortar stores effective March 18 through March 31,
although its online store will remain open.  urn:newsml:reuters.com:*:nFWN2BA1E5
    
    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 has closed all its physical stores in
France, Spain and Belgium until further notice. It will take
similar measures in other countries where it operates.
 urn:newsml:reuters.com:*:nFWN2BA16W
    
    GAP INC  GPS.N 
    The U.S. clothing retailer said it would temporarily shut
all Old Navy, Athleta, Banana Republic, Gap, Janie and Jack and
Intermix stores across North America, starting March 19.
 urn:newsml:reuters.com:*:nL4N2BB1UL
    
    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
    
    HUDSON'S BAY COMPANY  HBNCf.TRE 
    The Canada-based department store retailer's subsidiary Saks
Fifth Avenue closed all its stores across the United States and
Canada from March 18.  urn:newsml:reuters.com:*:nFWN2BA1CR

    IKEA
    The Swedish home furnishings retailer closed stores and
shopping centres in countries including Spain, Austria, Italy,
Denmark, Germany, Portugal, Belgium, the United States and
Canada, though British and Irish stores remain open for now. 
    In China, it has reopened all but two stores.  urn:newsml:reuters.com:*:nFWN2BB0IK
 urn:newsml:reuters.com:*:nFWN2BB0IR
    
    INDITEX  ITX.MC 
    Zara owner Inditex has temporarily closed all its stores in
Spain, the fashion retailer's largest network by far, and nearly
half of its outlets worldwide. All but 11 Inditex stores in
China are now open.  urn:newsml:reuters.com:*:nL8N2BB1NX
    
    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
    
    L'OREAL  OREP.PA 
    The France-based cosmetics company said on Wednesday it
would close all retail stores across Canada until further
notice.  urn:newsml:reuters.com:*:nFWN2BA1AZ
    
    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
    
    MACY'S INC  M.N 
    The U.S. omnichannel retail company operating stores,
websites and mobile applications closed all its outlets in the
United States until March 31.  urn:newsml:reuters.com:*:nFWN2BA14R
    
    NEIMAN MARCUS  NMRCUS.UL 
    The luxury retailer said it would shut all Neiman Marcus,
Bergdorf Goodman, and Last Call stores in the United States from
March 17.  urn:newsml:reuters.com:*:nL4N2BB1UL
    
    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
    
    SAMSUNG ELECTRONICS  005930.KS 
    The technology giant said it would close all U.S. stores and
Samsung Experience outlets across Canada from March 17.
 urn:newsml:reuters.com:*:nS6N2A301I
    
    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.
    
    TIFFANY & CO  TIF.N 
    Luxury jeweller Tiffany & Co will temporarily close several
outlets, including its Fifth Avenue flagship store in New York,
and reduce working hours at others.  urn:newsml:reuters.com:*:nL1N2BA1VI
    
    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;))
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