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Go to SEC.gov, then click on company filings and do a search for Levi Strauss. Then find the following document. LEVI STRAUSS & CO. AND

Go to SEC.gov, then click on company filings and do a search for Levi Strauss. Then find the following document.

LEVI STRAUSS & CO. AND SUBSIDIARIES

INDEX TO FORM 10-Q

At the site find this 10-Q report For the Quarterly Period Ended August 29, 2021 (There is a newer one, but that one refers you back to this report)

click that document to find the following: Table of Contents and then "Risk Factors" and go to "Risks affecting our business". Read down through them.

Read all of this part The COVID-19 pandemic has had an adverse effect on our business and results of operations, and we expect this adverse impact to continue.

1. What do they say are the issues, and do they have a solution? You may summarize what they say in this section (five points)

2. Our success depends on our ability to maintain the value and reputation of our brands. Same question - what do they say here and is there a solution? You may summarize. (five points)

3. We depend on a group of key wholesale customers for a significant portion of our revenues. A significant adverse change in a customer relationship or in a customers performance or financial position could harm our business and financial condition. Same question - what do they say here and is there a solution? You may summarize. (five points)

4. Our efforts to expand our retail business may not be successful, which could impact our operating results. Same question - what do they say here and is there a solution? You may summarize. (five points)

5. If we are unable to effectively execute our e-commerce business, our reputation and operating results may be harmed. Same question - what do they say here and is there a solution? You may summarize. (five points)

6. We may be unable to maintain or increase our sales through our third-party distribution channels. Same question - what do they say here and is there a solution? You may summarize. (five points)

7. We are a global company with significant revenues and earnings generated internationally, which exposes us to the impact of foreign currency fluctuations, as well as political and economic risks. A significant portion of our revenues and earnings are generated internationally. In addition, a substantial amount of our products comes from sources outside the country of distribution. As a result, we are both directly and indirectly (through our suppliers) subject to the risks of doing business outside the United States, including:

a. currency fluctuations, which have impacted our results of operations significantly in recent years. Here is an example: In July 2021 the Euro was worth 1.23 versus the dollar. Therefore if Levi sold jeans for $30 in July 2021 to a German buyer, that buyer would pay ____ Euros for each pair of jeans? July 2022 the Euro is 1.01 versus the dollar. That same German buyer would now pay ____ Euros for each pair of jeans.? You need to fill in the blanks. (worth 4 points)

b. What does that mean to the German buyer in regard to pricing them for retail? What effect might that have on Levi being able sell the same number of jeans to that German buyer? (worth 5 points).

8. Changes to trade policy, including tariff and customs regulations, may have an adverse effect on our business, financial condition and results of operations.

a. Levi purchases cotton from other countries, how does the U.S. tariff policy affect that? (five points).

b. Levi sells jeans all around the world. How does each countries tariff policy affect those sales/prices? (five points)

9. Climate change may adversely impact our business. Rising global average temperatures due to increased concentrations of carbon dioxide and other greenhouse gases in the atmosphere are causing significant changes in weather patterns around the globe and an increase in the frequency and severity of natural disasters. Changes in weather patterns and the increased frequency, intensity and duration of extreme weather events (e.g., floods, droughts and severe storms) could, among other things, adversely impact the cultivation of cotton, which is a key resource in the production of our products, disrupt the operation of our supply chain and the productivity of our contract manufacturers, disrupt retail operations and foot traffic in consumer markets, increase our product costs and impact the types of apparel products that consumers purchase. How can this increase their product costs? Explain. (worth five points)

10. In the risk factors, they cover much more than what I asked about. After answering the above and looking at the other risk factors. What do you think about all of the risks of doing business internationally? (worth five points)

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