Levi Strauss & Co. Launches New Casual Clothing Brand for Value-Conscious Consumers
Photo courteys of Levi's
Nov 1, 2002 -- Levi Strauss & Co. today launched a new casual clothing brand called Levi
Strauss Signature™ for U.S. consumers who shop at
mass channel retail stores.
The brand of clothing for men, women and children
will be available initially at Wal-Mart stores across the United States
beginning in July of 2003.
The company also is currently talking with other U.S.
mass channel retailers about offering Levi Strauss
Signature™ products in their stores.
With the addition of Levi Strauss Signature™, the
company now has a portfolio of three brands, including the Levi's® and Dockers®
brands.
"One-third of all jeans sold in the U.S. are purchased in the mass channel at
retail and yet there is a void in this market for quality clothing from Levi
Strauss & Co.," said chief executive officer Phil Marineau. "Consumers who
shop in these stores have told us that they want high-quality jeans at
affordable prices from a company they trust. That's what we will deliver."
The Products
The Levi Strauss Signature™ brand will initially
focus on jeanswear with a range of denim and non-denim pants and shirts as well
as denim jackets.
The brand's logo and product packaging leverage the company's
149-year history.
For example, the waistband back patch on the jeans features
the name of Levi Strauss, who founded the company in 1853.
The product hangtags
describe the authenticity and quality of jeans from the company that first made
sturdy "waist overalls" for miners seeking durable work pants in California in
the 1870s.
The range of manufacturer's suggested retail prices for Levi Strauss
Signature™ jeans will be below $30.
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