Levi Strauss bets on Beyonce as over 200 UK jobs lost

Levi’s UK cuts 200 jobs despite profit and growth

Levi’s UK arm reduced its workforce by more than 200 employees during its latest financial year, even as profits and sales registered an increase. The Northampton-based operation of the jeans retailer cut its headcount from 1,857 to 1,630 in the year ended 30th November 2024. The job losses came after a similar level of hiring […] The post Levi’s UK cuts 200 jobs despite profit and growth appeared first on Apparel Resources.

Levi's cuts 200 roles despite profit boost - Retail Gazette

Levi’s UK arm slashed more than 200 jobs over its latest financial year, despite an uptick in profit and sales. The jeans brand’s Northampton-based operation reduced its headcount from 1,857 to 1,630 over the year to 30 November 2024, with the cuts following a similar level of hiring the year prior. Pre-tax profit at the retailer grew from £7.7m to £9.5m over the period, while sales also rose from £89m to £96.8m. A statement endorsed by the boar…

Levi's cuts 200 jobs as profits rise

Drapers Levi’s cuts 200 jobs as profits rise Levi's UK arm has cut 200 jobs despite a 23.4% hike in pre-tax profits year on year to £9.57m, and a 24.5% rise in operating profit to £7.83m, for the year ended 20 November 2024.The post Levi’s cuts 200 jobs as profits rise appeared first on Drapers.

Levi Strauss cuts 200 UK jobs as it bets on Beyonce to boost sales

The Northampton-headquartered division reduced its headcount from 1,857 to 1,630 in the 12 months to 30 November, 2024, new accounts filed with Companies House show.

Levi Strauss bets on Beyonce as over 200 UK jobs lost

The UK arm of Levi Strauss cut more than 200 jobs as its turnover jumped to almost £100m during its latest financial year. The Northampton-headquartered division reduced its headcount from 1,857 to 1,630 in the 12 months to 30 November, 2024, new accounts filed with Companies House show. Over the same 12 months, Levi Strauss’ turnover increased from £89m to £96.8m while its pre-tax profit also rose from £7.7m to £9.5m. The fall in its headcount …