Levi Strauss and Co To Remain in San Francisco
Mayor Newsom and Levi Strauss & Co. Announce Company's Decision To Remain At Battery Street Headquarters in San Francisco
LS&CO. to Renew Levi’s Plaza Lease and Continue San Francisco Legacy
7/15/09--Mayor Newsom today joined John Anderson, CEO, Levi Strauss & Co. (LS&CO.) to announce that Levi Strauss & Co. will renew its lease at Levi’s Plaza in San Francisco, the city where the globally famous company was founded more than 156 years ago.
“We are thrilled that Levi Strauss & Co. has decided to renew its lease for its headquarters at Levi’s Plaza,” said Mayor Newsom. “Levi Strauss & Co. is not simply a San Francisco business, but rather a company with a history, culture and identity that is closely interlocked with the City’s. Visitors come from around the world to tour the company’s headquarters and experience the rich history.”
When San Francisco Mayor Gavin Newsom and his staff learned that Levi Strauss & Co. was considering a lease renewal, the mayor’s office began working with company officials to make sure they were aware of the programs and services that make San Francisco an attractive place to do business. They introduced the company to city programs and services and helped the company better leverage the city resources they were already utilizing. For example, the mayor’s office connected the company with money-saving energy efficiency and recycling programs, and workforce training dollars.
“We are delighted that Levi Strauss & Co. will remain in the city where it was born during the California Gold Rush more than 156 years ago,” said John Anderson, president and chief executive officer. “Levi Strauss was a visionary and an innovator, and it all began here in San Francisco in 1853. Levi was committed to ethical business practices and giving back to his new community. The company he created is now known the world over and people on every continent associate it with the city of San Francisco.”
Levi Strauss & Co. has informed landlord, Gerson Bakar & Associates, that it will renew the lease at its current location, 1155 Battery Street – also known as the Levi’s Plaza – for a 10-year period. The company’s decision to remain at its Battery Street headquarters means its century-and-a-half legacy as a San Francisco company will continue.
The company has long been deeply involved in the local community, tracing back to its founder, Levi Strauss. Strauss, who made his first donation to a San Francisco orphanage soon after establishing his new business. Since the 1970s, the company’s Community Involvement Teams have donated tens of thousands of volunteer hours each year to San Francisco nonprofit organizations and the Levi Strauss Foundation has matched the volunteer time with cash grants. During the company’s annual Community Day this past May 1 (501 day), the Levi Strauss Foundation gave nearly $200,000 in grants to 29 nonprofit organizations in San Francisco. In addition, the company‘s employees annually participate in the San Francisco AIDS Walk in the Golden Gate Park. Last year, employees raised more than $80,000 for the event.
After 156 years and nine different headquarters locations, Levi Strauss & Co. is still closely associated with its San Francisco roots, including the “LS&CO. S.F.” emblazoned on its famous blue jeans rivets and the “Levi Strauss & Co. SF CAL” stamped into the shank button that fastens every pair of Levi’s® 501® jeans.
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.