Levi’s , Suspends Sales, in Russia.
On March 7, Levi Strauss & Co.
Announced it is joining several other companies in halting commercial operations in Russia following Vladimir Putin's attack on Ukraine.
On March 7, Levi Strauss & Co.
Announced it is joining several other companies in halting commercial operations in Russia following Vladimir Putin's attack on Ukraine.
Given the enormous disruption occurring in the region, which makes normal business untenable, LS&Co.
Is temporarily suspending commercial operations in Russia, including any new investments, Levi Strauss & Co., via news release.
But any business considerations are clearly secondary to the human suffering experienced by so many, Levi Strauss & Co., via news release.
NPR reports that in addition to donating over $300,000 to help Ukrainian refugees, .
Levi's has promised to aid any of its employees, partners and their families who may be affected by halting operations in Russia.
The company is also offering its employees a 2-to-1 match up to $200,000 for donations to various organizations... ... and working toward donating jackets, clothing and backpacks to Ukrainians.
The last time the company's products were scarce in the country was during the Cold War, when imported jeans were banned.
The last time the company's products were scarce in the country was during the Cold War, when imported jeans were banned