LEVI STRAUSS & CO
For the period ended Dec 1, 2024. Filed Jan 29, 2025.
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FY2024 · Filed Jan 29, 2025
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Item 2. Properties
| Item 2. | PROPERTIES |
|---|
We conduct manufacturing, distribution and administrative activities in owned and leased facilities. As of December 1, 2024, we operated two manufacturing-related facilities abroad and 14 distribution centers around the world. In addition, during fiscal year 2024, we entered into a lease agreement with a third-party logistics provider to operate a distribution center in Ohio. We have renewal rights for most of our property leases. We anticipate that we will be able to extend these leases on terms satisfactory to us or, if necessary, locate substitute facilities on acceptable terms. We believe our facilities and equipment are in good condition and are suitable and adequate to meet our current requirements. Information about our principal operating properties in use as of December 1, 2024 is summarized in the following table:
| Location | Primary Use | Leased/Owned |
| San Francisco, CA | Design and Product Development | Leased |
| Erlanger, KY | Distribution | Leased |
| Hebron, KY | Distribution | Owned |
| Canton, MS | Distribution | Owned |
| Henderson, NV | Distribution | Owned |
| Etobicoke, Canada | Distribution | Owned |
| Itapevi, Brazil | Distribution | Leased |
| Cuautitlan, Mexico | Distribution | Leased |
| Villa El Salvador, Peru | Distribution | Leased |
| Pudahuel, Chile | Distribution | Leased |
| Dorsten, Germany | Distribution | Leased |
| Plock, Poland | Manufacturing and Finishing | Leased(1) |
| Northhampton, U.K. | Distribution | Leased |
| Colombus, OH | Distribution | Leased |
| Itagui, Colombia | Distribution | Leased |
| Cape Town, South Africa | Manufacturing, Finishing and Distribution | Leased |
(1) Building and improvements are owned but subject to a ground lease.
Our global headquarters is located in leased premises in San Francisco, California, and we have additional commercial support offices in Diegem, Belgium and Singapore. The headquarters of Dockers® and Beyond Yoga® are located in leased premises in San Francisco, California and Culver City, California, respectively.
In addition to the above, we operate finance shared service centers in Eugene, Oregon and Bangalore, India. We also operate two data centers located in Carrollton and Westlake, Texas. As of December 1, 2024, we leased 65 administrative and sales offices in 35 countries, as well as leased 7 warehouses in three countries.
As of December 1, 2024, we had 1,163 company-operated Levi's retail and outlet stores in leased premises in 39 countries: 458 stores in the Americas, 299 stores in Europe and 406 stores in Asia. Additionally, we had 106 Dockers® retail and outlet stores in leased premises, and seven Beyond Yoga® retail stores.
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