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Levi's

Retail expansion bolsters Levi's European sales

Levi Strauss has reported net revenues in Europe grew 4% to $275m (£171m) in the last quarter. Operating income for the three-month period to August 24, 2014 increased 8% to $50m (£31m) compared with the same period last year, which the business attributed to the performance and expansion of its retail network and higher gross margins.