Gap, Nike and Levi's took years to diversify from China. Now sky high tariffs on nations like Vietnam are ruining plans and tanking their stocks [Fortune]
Levi Strauss & Co Class A (LEVI)
Last levi strauss & co class a earnings: 4/7 04:15 pm
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Source: Fortune
tariffs about to be imposed on imports from there after years of efforts to diversify its supplier base. “Big credit goes to our supply chains. We've been working on diversifying our manufacturer footprint for quite some time. Less than 10% of our product is coming out of China,” said Dickson. Now Gap's biggest supplier country is Vietnam, followed by India and Indonesia, all well ahead of China. Dickson's counterpart at Levi Strauss & Co Michelle Gass echoed the reduced exposure to China at Shoptalk too, saying “Of what we know today, right now it is fairly minimal.” In recent years, many U.S. apparel makers have gradually reduced their reliance on China because of rising costs there, the abundance of capacity in Southeast Asia, and the threat of a trade conflict with the U.S. always looming. But Dickson and Gass' sanguine reactions of course came before the Trump Administration's announcement on Wednesday that it planned to impose punitive tariffs on 60 countries, including
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LEVI
News
- Levi Strauss & Co. Appoints Jeffrey J. Jones II to Board of DirectorsBusiness Wire
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LEVI
Earnings
- 10/9/25 - Beat
LEVI
Sec Filings
- 12/16/25 - Form 8-K
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- LEVI's page on the SEC website