Levi Strauss

Topics: Factor analysis, Principal component analysis, Levi Strauss & Co. Pages: 20 (6075 words) Published: July 21, 2010

Submitted To: Prof. Suptarishi Purkaystha Submitted by: Akanksha Gupta Komal Shanjan Sinha Tuhina Mandowara Shweta Puri Sujata Barua Akshay Sharma 09BSHYD1012 09BSHYD0386 09BSHYD0765 09BSHYD1032 09BSHYD0807 09BSHYD0866 09BSHYD0060




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INTRODUCTION The modern age is known as the “Age of Consumers”. In today‟s cut-throat competition the consumer is considered as the “KING” and the main objective of the various organizations are aimed at keeping the consumer happy and satisfied. It is very important for each and every organization to keep its consumers satisfied in order to maintain its competitiveness in the market. However when we take a closer look, we find that the consumers satisfaction level towards a company and its leading products vary on one aspect or the other based on a variety of attributes (Kotler, 2009). Fashion is a highly customer oriented industry with innovative products, where there are large number of competitors giving you a intense competition. Thus companies have to come up with something different and unique keeping the target buyer group and the time factor in mind since in the fashion industry the product life cycle is very short. LEVI’S STRAUSS & CO.: Statistics show that every day millions of customers go for shopping worldwide. Hence every company wants to attract customers and increase their customer base. To ensure this companies have to keep up with the latest fads for satisfying customer requirements. For those of us that want to wear jeans with style and make a fashion statement about who we are, then finding the right pair(s) of designer jeans is crucial to our social standing. Levis offers a great range of jeans for both men and women, but variety is not the only factor influencing Levi‟s customer‟s purchasing behavior. There may be other factors because of which customers are more or less satisfied which influences their repurchasing decision of Levis Jeans. Invented in 1873, Levi's® jeans are the original, authentic jeans. Levi's® brand is one of the most widely recognized brands in the history of the apparel industry. From updating classics with the latest finishes, fabrications and colors, to reinventing five-pocket jeans, they are always creating new and innovative products The company has also been worldwide appreciated for the perfect fit. The specialty of Levis lies in the fact that it is very empathetic towards people. A good pair of jeans can bring dignity and honor to everyone from common man to the high profile business men, across both the sex and irrespective of income groups. The search for decent jeans is a kind quest, with moments of translucent success alternating with tragedy failures. From its foundation in 1853 and patenting of riveted pants 20 years later, Levi Strauss has become an instantly recognizable global brand. With sales in more than 100 countries, the company employs 12,500 people worldwide. Nonetheless, the last six years have seen the company struggling to come out of a slide in sales. Traditional customers have started buying


cheaper or more fashionable clothes. Prices have come under pressure from clothing competitors and from retailers like Tesco buying Levi's product on the “grey market”. Levi's response involved product diversification and brutal trimming. Thus in this age of global trading for establishing one as a leading brand in different regions it is necessary to analyze the satisfaction level of customers in that region and cater to their needs by improving on attributes on which customer is not satisfied. Jeans are the nondurable goods, Nondurable goods are "goods that are used up quickly or purchased frequently, as food and apparel. Jeans are now a very popular form of...
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