Levi Strauss & Co.
 |
|
| Private | |
| Industry | Clothing |
| Founded | 1853 |
| Founder | Levi Strauss |
| Headquarters | San Francisco, California, U.S. |
|
Number of locations
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2,800 company-operated stores |
|
Area served
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Worldwide |
|
Key people
|
Chip Bergh (CEO);Harmit Singh (CFO) |
| Products | Jeans |
| Brands | Levi's, Dockers, Denizen, Signature by Levi Strauss & Co. |
| Revenue | $4.494 billion (2015) |
| $ 431 million | |
| $ 209 million (2015) | |
| Total assets | $3.13 billion (2013) |
| Owner | Relatives of Levi Strauss |
|
Number of employees
|
15,000 (2013) |
| Website | www |
Levi Strauss & Co. /ˌliːvaɪ ˈstraʊs/ is a privately owned American clothing company known worldwide for its Levi's /ˌliːvaɪz/ brand of denim jeans. It was founded in 1853 when Levi Strauss came from Buttenheim, Bavaria, to San Francisco, California to open a west coast branch of his brothers' New York dry goods business. The company's corporate headquarters is located in the Levi's Plaza in San Francisco.
Levi Strauss started the business at the 90 Sacramento Street address in San Francisco. He next moved the location to 62 Sacramento Street then 63 & 65 Sacramento Street.Jacob Davis, a Latvian Jewish immigrant, was a Reno, Nevada tailor who frequently purchased bolts of cloth made from denim from Levi Strauss & Co.'s wholesale house. After one of Davis' customers kept purchasing cloth to reinforce torn pants, he had an idea to use copper rivets to reinforce the points of strain, such as on the pocket corners and at the base of the button fly. Davis did not have the required money to purchase a patent, so he wrote to Strauss suggesting that they go into business together. After Levi accepted Jacob's offer, on May 20, 1873, the two men received U.S. Patent 139,121 from the United States Patent and Trademark Office. The patented rivet was later incorporated into the company's jean design and advertisements. Contrary to an advertising campaign suggesting that Levi Strauss sold his first jeans to gold miners during the California Gold Rush (which peaked in 1849), the manufacturing of denim overalls only began in the 1870s. The company created their first pair of Levis 501 Jeans in the 1890s, a style that went on to become the world's best-selling item of clothing.
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Wikipedia