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Sales up at Levi’s

Levi’s has enjoyed its fourth consecutive quarter of double-digit growth in revenue, with sales up across all brands and regions.

The company recorded a 10% increase in net revenues to $1.4bn (£1.06bn) for the three months to 26 August compared to the same period last year.

The third quarter results saw growth across the Levi’s, Signature by Levi Strauss & Co, Denizen and Dockers brands, and for the men’s, women’s, tops and bottoms categories.

It also reported growth across all regions and channels, with direct-to-consumer revenues up by 14%, citing performance and expansion of the retail network, while also seeing growth across ecommerce. The company said it now has 65 more stores compared to a year ago.

The biggest leap in net revenues for the quarter was seen in Europe, which increased by 17% to $406m (£308.8m), while revenue growth across America and Asia increased by 7% and 8% respectively. 

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