Levi`s and Dockers Outlet Stores at the Las Vegas Outlet Center and the Las Vegas Premium Outlets Now Owned by Levi Strauss & Co.
Change of Ownership Will Herald Store Transformation and New Assortments of Famous Levi`s and Dockers Products at Great Prices LAS VEGAS--(Business Wire)-- Levi Strauss & Co. (LS&CO.), the company that designs and markets Levi`s and Dockers apparel, today announced it has acquired the Levi`s and Dockers outlet stores located at 7400 Las Vegas Boulevard South in The Las Vegas Outlet Center and 875 South Grand Central Parkway in The Las Vegas Premium Outlets. The purchase is part of the company`s acquisition of Levi`s and Dockers Outlet by MOST stores nationwide operated by Anchor Blue Retail Group, Inc. The new ownership will mean substantial changes at the store in the future that will benefit consumers who shop at the Las Vegas Outlet Center and the Las Vegas Premium Outlets Levi`s and Dockers stores. Product assortments will be upgraded during the coming weeks, with significant changes in time for the holiday season. The stores will also feature a new logo and signage on the exterior and throughout the stores. The store environment, including fitting rooms, also will be upgraded. "We are excited to overhaul the stores and upgrade the product assortments so that consumers in Las Vegas will find a great range of relevant and up-to-date Levi`s and Dockers products in our stores," said Joelle Maher, senior vice president, Levi Strauss Americas Retail. "These stores will give consumers the world-class quality they expect from Levi`s and Dockers products while offering something for just about everyone and a much more compelling shopping experience." The purchase of the Las Vegas Outlet Center and Las Vegas Premium Outlets stores was part of an acquisition of 73 Levi`s and Dockers Outlet by MOST stores, located across the country, from Anchor Blue Retail Group, Inc., which recently filed for Chapter 11 bankruptcy. The sale was completed on July 13, 2009. The purchase includes the inventory, fixtures and equipment at each of the stores. The location and operating hours of the stores will remain the same. The Las Vegas Factory Outlet Center store is open Monday through Saturday 10 a.m. to 9 p.m. and Sunday 10 a.m. to 8 p.m. The Las Vegas Premium Outlets store is open Monday through Saturday 10 a.m. to 9 p.m. and Sunday 10 a.m. to 8 p.m. If consumers have specific questions, they can reach the Las Vegas Factory Outlet Center store at (702) 361-4622 and the Las Vegas Premium Outlets store at (702) 386-3011. About Levi Strauss & Co. Levi Strauss & Co. is one of the world`s largest branded apparel companies and the global leader in jeanswear, marketing its products in more than 110 countries worldwide. The company designs and markets jeans, casual wear and related accessories for men, women and children under the Levi`s, Dockers San Francisco and Signature by Levi Strauss & Co. brands. Levi Strauss & Co. reported fiscal 2008 net revenues of $4.4 billion. For more information, go to http://levistrauss.com. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current assumptions, expectations and projections about future events and are necessarily estimates reflecting the best judgment of our senior management. Actual results could differ materially from those suggested by the forward-looking statements due to risks and uncertainties including those disclosed in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended 2008, especially in the "Management`s Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections and our other reports. In light of these or other unknown risks and uncertainties, the forward-looking events discussed in this news release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release. We are not under any obligation and do not intend to make publicly available any update or other revisions to any of the forward-looking statements contained in this news release to reflect circumstances existing after the date of this news release or to reflect the occurrence of future events even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized. Levi Strauss & Co. Jeff Beckman, 415-501-3317 (Media) Copyright Business Wire 2009
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