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current news

Levi Strauss To Purchase Outlet Stores

(Filed Under Fashion News). Levi Strauss & Co. is acquiring 73 Levi’s and Dockers Outlet by MOST clothing stores, from licensing partner Anchor Blue Retail Group Inc., which has been Levi’s licensing partner since the 1990’s.

According to Anchor Blue Retail Group, the company signed the Purchase Agreement to sell the stores to Levi Strauss & Co. as part a Chapter 11 Bankruptcy filing, which the company concurrently announced. Anchor Blue is seeking court approval to name Levi Strauss the lead bidder in the Court supervised auction process. The company expects the sale to close this summer.

Best-known for its Levi’s branded jeans, Levi Strauss & Co. also markets men’s and women’s underwear and loungewear under the Levi’s, Levi Strauss and Docker’s names. For further information, contact the company’s San Francisco, California headquarters at (800) 872-5384.

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Published 05-29-2009 by Amanda Torres Price

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