Levi Strauss & Co  announced its financial results for the third quarter ended August 30, 2009 and they were surprisingly poor. Both the turnover and net profit went down. Turnover was down 6% and net income was down 41%. This is surprising since denim has been the only  one segment in the textile sector which has been showing positive growth in last one year. The  imports of denim is also continuously rising in US with over 6% rise in imports … Continue reading Surprising Fall In Levi’s 3rd Quarter Results -2009