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Levi Strauss & Co. (/ ˈ l iː v aɪ ˈ s t r aʊ s / LEE-vy STROWSS) is an American clothing company known worldwide for its Levi's (/ ˈ l iː v aɪ z / LEE-vyze) brand of denim jeans.It was founded in May 1853 [2] when German-Jewish immigrant Levi Strauss moved from Buttenheim, Bavaria, to San Francisco, California, to open a West Coast branch of his brothers' New York dry goods business.
Levi Strauss (/ ˈ l iː v aɪ ˈ s t r aʊ s / LEE-vy STROWSS; born Löb Strauß, German: [løːp ˈʃtʁaʊs]; February 26, 1829 – September 26, 1902) was a German-born American businessman who founded the first company to manufacture blue jeans. His firm of Levi Strauss & Co. (Levi's) began in 1853 in San Francisco, California. [1] [2]
In 1961, Levi Strauss acquired 75 percent of GWG, expanding these holdings to 100 percent in 1972, [4] at a time when GWG held roughly 30 percent of the Canadian jeanswear market. [ 1 ] Market share for the workman like quality of GWG jeans fell as designer label and fashion oriented jeans grew in popularity.
Shares of apparel company Levi Strauss (NYSE: LEVI) dropped 19.7% in June, according to data from S&P Global Market Intelligence. In short, the analyst community didn't like the company's ...
David Stern was born to a Jewish family in the Kingdom of Bavaria in 1820. [1] In the 1840s, he immigrated to the United States first to New York then the American South and finally to San Francisco in 1853 or 1855 where he was later joined by his brother-in-law Levi Strauss. [1]