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International Business Times
International Business Times
Business
Ann Resuma

Levi Strauss Sees Delay In Reaching $10 Billion Revenue Goal By 2027: Report

Levi Strauss was one of the first US companies to announce it would cover abortion-related travel costs for employees, in light of the leaked Supreme Court draft opinion (Credit: GETTY IMAGES NORTH AMERICA via AFP / JUSTIN SULLIVAN)

Levi Strauss & Co. warned of a delay in achieving its goal of reaching $10 billion in revenue by 2027 due to rising costs in Western countries.

The clothing company is dealing with rising costs of living that hit Western consumers. So even though that the company has expanded its store openings, it still had to deal with the capacity of customers to purchase its product offerings, according to a report on Financial Times.

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