Levi Strauss & Co.’s accelerated shift into retail gear helped it boost fourth-quarter profits 28.4 percent, and the company has no plans to alter its increasingly vertical orientation.
The San Francisco-based denim giant grew its base of company-owned stores to 470 units at the end of 2010, about 190 of them in the Americas, from 414 a year earlier. Overseas, franchised units grew to about 2,000 from about 1,600 in the same period.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)