Levi Strauss began trading on the New York Stock Exchange this morning under the ticker symbol ‘LEVI.’ By mid-afternoon, the stock was at $22.66, substantially higher than the price offered to institutional investors. It’s clear that investors believe that Levi’s can leverage technology and innovation to successfully compete online and in brick and mortar stores.
STOP Washing Jeans: Adds To Durability And Longevity
On Tuesday, May 20, Levi’s 501 jeans celebrated their 141st birthday. These jeans are some of the most popular jeans in the world, along with the most durable. While speaking at Fortune’s Brainstorm Green conference in Laguna Niguel, California, Levi…