US apparel retailer Levi Strauss: Bullish on the Chinese market, with plans to further increase investment and open new stores
US apparel retailer Levi Strauss: Bullish on the Chinese market, with plans to further increase investment and open new stores. Gianluca Flore, Executive Vice President and Chief Commercial Officer of the company, stated that despite many multinational companies facing challenges in China and closing stores, driven by robust growth from young consumers, the company plans to further expand investment and open new stores locally, remaining optimistic about the Chinese market and expecting it to account for a larger share of global operations in the future.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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