Friday, December 05, 2003

Predictable

LEVI'S REVIEWING DISCOUNT JEANS MARKETING TACTICS

New 'Signature' Line Set Off Price War

Levi Strauss' move into the discount channels may have stimulated even more difficulties for the jeansmaker, which announced on the day of Mr. Marineau's memo that sales will decline for the seventh straight year from its 1996 high of $7.1 billion to an expected $4 billion come January.

Burt Flickinger, managing director of Strategic Resources Group/Flickinger Consulting, New York, said the arrival of Levi Strauss Signature stimulated something of a denim price war in the giant discounter's apparel department.

No comments: