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Levi Strauss & Co. has been involved in numerous lawsuits, primarily focusing on trademark infringement, particularly concerning its iconic red tab and arcuate stitching design, and has also faced legal action related to labor practices.
Here's a breakdown of some notable cases:
Trademark Infringement:
Against FullCount Co.:
Levi's has filed multiple lawsuits against Japanese denim maker FullCount, alleging infringement of its trademarks, including the red tab and arcuate stitching, with the company arguing that FullCount has continued to sell infringing products despite prior court orders.
Against Brunello Cucinelli:
Levi's filed a lawsuit against the Italian luxury brand, Brunello Cucinelli, alleging infringement of its rectangular pocket tab trademark, but later settled the case.
Against Philipp Plein:
Levi's has sued Philipp Plein, claiming that the fashion brand has "manufactured, promoted, and sold garments that infringe and dilute LS&Co.'s tab trademark".
Against Abercrombie & Fitch:
Levi Strauss & Co. sued Abercrombie & Fitch for trademark dilution of their "Arcuate" design by Abercrombie's Ruehl jeans.
Other Trademark Cases:
Levi's has also pursued trademark infringement claims against other companies, including Lois Sportswear, Yves Saint Laurent, and Kenzo.
Labor Practices:
Northern Mariana Islands Scandal: In 1991, Levi Strauss became implicated in a scandal involving pants made in the Northern Mariana Islands, where some jeans were shown to have been made by Chinese laborers under what the U.S. Department of Labor called slave-like conditions.
Other Legal Matters:
Hilderbrand v. Levi Strauss Company:
Herbert Hilderbrand sued Levi Strauss Company for age discrimination under the Age Discrimination in Employment Act (ADEA).
California v. Levi Strauss & Co.:
Levi Strauss agreed to pay $12.5 million in a settlement related to consumer refunds and other issues. $LEVI
Retail is definitely pulling back on spending. More so in the last 2-3 weeks.
Keep an eye on money market for buck breakage!
Same revenue but much higher costs than 19!
They will not be able to pass along the increase to consumers and maintain the rate of sales.
https://finviz.com/futures_charts.ashx?t=CT&p=w1
You have 50% inflation and revenue is flat! Reposition before the market catches on!
Good to hear their guidance and raised dividends. Positive sign.
Levi Strauss & Co. Reports Fourth-quarter and Fiscal Year 2021 Financial Results
Q4 Net Revenues of $1.7 Billion, up 22% Versus Q4 2020; up 7% Versus Q4 2019
Fy Net Revenues of $5.8 Billion, up 29% Versus Fy 2020; Flat Versus Fy 2019
Fy 2021 Operating Margin of 11.9%; Adjusted Ebit Margin of 12.4%
Guides Fy 2022 Net Revenues Growth of 11-13% and Increases Quarterly Dividend
https://www.businesswire.com/news/home/20220126005938/en/%20SOURCE:%20Levi%20Strauss%20&%20Co.
Hard to make a profit when you can't pass on the costs to your broke customers!
https://finviz.com/futures_charts.ashx?t=CT&p=m1
Cotton Prices Hit 10-Year High
https://www.cnbc.com/2021/10/10/cotton-prices-hit-10-yr-high-what-it-means-for-retailers-and-shoppers.html
Sell, Sell, Sell!
CEO on jim Cramer’s mad money tonight.
Buy buy buy
Short squeeze coming
Yeah, I got in not to long after the did the initial release and now after missing US expectations... i've just decided to hold. I only have a small number a shares but I am down about 22%. They do pay a dividend so just going to hold.
Always thought Levis would be a good investment.....
So in fact they were my FIRST (way back)
Long before they ever were publicly traded one couldn't invest in Levis directly.....
So I would up investing in a company called Cone Mills (the folks who made their denim - as far as I could tell)
Never did ANY good with it
https://www.marketwatch.com/articles/levi-strauss-delta-air-lines-and-other-stocks-for-investors-to-watch-this-week-51570460132?siteid=bigcharts&dist=bigcharts
Same here, I wear their jeans all the time. Definitely think we seen a bottom Friday
I do like this company too. They have some good stuff in their stores. Good looking jeans .
Is it me or is worthless pos trading very peculiar ? In my expert experience most securities after their IPO usually either dips or goes up at least a handful of dollars, but this has opened and closed the same.
Bought the dip yesterday. Big things from here out!
wise words....especially when the most expensive jeans have the faded or poor dude look with holes at the knees
my concern that stockwatch says ''''website unknown..'''
wise words.......heres a levi article
Caution When A Rush Of IPOs Hit The Market $LEVI
It looks as if we are having a bunch of IPOs scheduled to hit the market very soon. Today, the highly anticipated denim jean manufacturer, Levi Strauss & Co (NYSE:LEVI), became a public traded company. There are several other popular companies that are also looking to come public very soon. Some of these companies include Lyft, Uber, Pinterest, Airbnb and Palantir. Very often the overall stock market will remain strong into these important IPOs. Usually, once these IPOs are released then the markets will usually stage a correction or pullback. Does anyone remember Blackstone Group (NYSE:BX). That stock came public in July 2007 and the market indexes topped out in October 2007. Now please understand, I'm not saying we are going to face the next great recession, but we could be in store for a summertime decline. Either way, when these IPOs come out in droves it is a time for caution soon.
Nick Santiago
InTheMoneyStocks
by prospectus... now at 20
Definitely possible, I’m thinking it’ll bottom at around 9 before moving up, but then again speculators can push it through the roof right at the open
I’m in at 10 when all the fanfare dies down. GLTA
could hit $11 in a week
Priced at $17, I’d like to see it go below $14
count me in....GO LEVI
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