Levi Strauss suffers first quarterly loss since '99

Levi Strauss & Co has produced a second-quarter loss of $81m (€83m), marking the first time the company has lost money in three years.

Levi Strauss suffers first quarterly loss since '99
Fri, 21 Jun, 2002 - 07:26

Levi Strauss & Co has produced a second-quarter loss of $81m (€83m), marking the first time the company has lost money in three years.

It blames the cost of closing eight manufacturing plants and offering discounts to merchants.

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