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Report Date : |
02.02.2013 |
IDENTIFICATION DETAILS
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Name : |
LEVI STRAUSS & CO (CANADA) INC. |
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Registered Office : |
1725 16th Avenue, Ste 200, Richmond Hill, Ontario L4B 4C6 |
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Country : |
Canada |
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Date of Incorporation : |
01.12.1982 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Importer and wholesaler of jeans wear. |
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No. of Employees : |
200 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
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Canada |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
CANADA - ECONOMIC OVERVIEW
As an affluent, high-tech industrial society in the trillion-dollar
class, Canada resembles the US in its market-oriented economic system, pattern
of production, and affluent living standards. Since World War II, the
impressive growth of the manufacturing, mining, and service sectors has
transformed the nation from a largely rural economy into one primarily
industrial and urban. The 1989 US-Canada Free Trade Agreement (FTA) and the
1994 North American Free Trade Agreement (NAFTA) (which includes Mexico)
touched off a dramatic increase in trade and economic integration with the US
its principal trading partner. Canada enjoys a substantial trade surplus with
the US, which absorbs about three-fourths of Canadian exports each year. Canada
is the US's largest foreign supplier of energy, including oil, gas, uranium,
and electric power. Given its great natural resources, highly skilled labor
force, and modern capital plant, Canada enjoyed solid economic growth from 1993
through 2007. Buffeted by the global economic crisis, the economy dropped into
a sharp recession in the final months of 2008, and Ottawa posted its first
fiscal deficit in 2009 after 12 years of surplus. Canada''s major banks,
however, emerged from the financial crisis of 2008-09 among the strongest in
the world, owing to the financial sector''s tradition of conservative lending
practices and strong capitalization. Canada achieved marginal growth in 2010
and 2011 and plans to balance the budget by 2015. In addition, the country''s
petroleum sector is rapidly becoming an even larger economic driver with
Alberta''s oil sands significantly boosting Canada''s proven oil reserves,
ranking the country third in the world behind Saudi Arabia and Venezuela.
Source
: CIA
Company name: LEVI STRAUSS & CO (CANADA) INC. (in English)
LEVI STRAUSS & CIE (CANADA) INC. (in French)
Address: 1725 16th Avenue,
Ste 200, Richmond Hill, Ontario L4B 4C6 –
Canada
Telephone: +1
905-763-4400
Fax: +1 905-763-4517
Website: www.levi.ca
Corporate ID#: 000529564
State: Ontario
Judicial form: Corporation – Profit
Date incorporated: December
1, 1982
Stock: -
Value: -
Name of manager:
History:
LEVI STRAUSS CANADA INC.
was incorporated in Ontario on 04-04-1972 under
ID# ON-000254219, merged
into LEVI
STRAUSS & CO (CANADA) INC.
Business:
Importer and wholesaler of jeans wear.
Suppliers include:
LEVI STRAUSS & CO.
1155 Battery Street, San Francisco, CA 94111 - USA
Staff: 200
Operations & branches:
At the headquarters, we
find the corporate office.
The Company maintains a
warehouse located:
90 Claireville Dr, Etobicoke, Ontario M9W 5Y1, Canada
Ph: +1 416-675-1222
and 16 stores.
Shareholders:
LEVI STRAUSS & CO.
1155 Battery Street, San Francisco, CA 94111 - USA
Levi Strauss & Co. operates as a branded apparel company worldwide.
It designs, markets, and sells jeans, casual and dress pants, tops,
shorts, skirts, jackets, footwear, and related accessories for men, women, and
children under the Levi’s, Dockers, Signature by Levi Strauss & Co., and
Denizen brand names. The company also licenses its trademarks for various
product categories, such as footwear, belts, wallets and bags, outerwear,
sweaters, dress shirts, kids wear, sleepwear, and hosiery. It distributes its
Levi’s and Dockers products primarily through chain retailers and department
stores in the United States; and through department stores, specialty
retailers, and franchised stores internationally.
Management:
Charles V. BERGH, President of the group.
Mr. Charles Victor Bergh, Chip has been the Chief Executive Officer and
President of Levi Strauss & Co. since September 1, 2011.
Susan McPARLANE
Director and Supply Chain Manager since November 2004.
As far as we know, she is not involved in other local corporations.
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, a
financial assistant controlled the present report.
Sales declared for year
2011 is in the range of CAD 20,000,000+
The business is profitable.
Banks: JPMorgan Chase Bank (Ontario Branch)
Legal filings & complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary : None