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Levi’s Suspends Sales in Russia

2022-03-08 4 Dailymotion

Levi’s , Suspends Sales, in Russia.<br />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.<br />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.<br />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.<br />But any business considerations are clearly secondary to the human suffering experienced by so many, Levi Strauss & Co., via news release.<br />NPR reports that in addition to donating over $300,000 to help Ukrainian refugees, .<br />Levi's has promised to aid any of its employees, partners and their families who may be affected by halting operations in Russia.<br />The company is also offering its employees a 2-to-1 match up to $200,000 for donations to various organizations...<br />... and working toward donating jackets, clothing and backpacks to Ukrainians.<br />The last time the company's products were scarce in the country was during the <br />Cold War, when imported jeans were banned.<br />The last time the company's products were scarce in the country was during the <br />Cold War, when imported jeans were banned

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