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On Tuesday, Levi Strauss reported its first quarterly earnings since its initial public offering on the New York Stock Exchange last month. Levi's doesn't report same-store sales but said on the company's earnings call that sales were positive on a comparable basis.
In the latest period, Levi's growth was really broad based as both its men's and woman's tops and bottoms businesses grew, Bergh said. This marked the sixth quarter in a row of double-digit top-line growth for Levi. Amazon is one of Levi's top 10 customers online. However, Bergh said he knows that with every pair of jeans Amazon sells, it is "collecting a lot of data on our consumer that they could at some point turn and use against us.
However, he said China tariffs are another uncertainty the company has to watch.
Levi's slims down China supply chain exposure as trade war rages on
Bergh emphasized that in terms of marketing, the best strategy for the brand is by word of mouth. However, Levi's has and will continue to work with celebrities, including Alicia Keys and Hailey Bieber.
Levis Strauss Has Two Eyes on China, While Tackling Wholesale Woes – Sourcing Journal
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