Levi Strauss & Co. has been included, for the third year in a row, in Fortune’s annual list of the World’s Most Admired Companies – ranking second among the top five apparel companies globally.
The company has done a lot in the past year — from operating through the COVID-19 pandemic and expanding the portfolio with the acquisition of Beyond Yoga to releasing the first stand-alone sustainability and DEI reports and remaining a purpose-driven company with the Buy Better, Wear Longer campaign, and the paid leave programs and advocacy.
The list was compiled by Fortune and Korn Ferry based on a survey of corporate reputation. First, candidates for the list (based on revenue) were scaled down from 1,500 to 670 in 30 countries.
The top-rated companies were picked from that pool of 670.
To determine the best-regarded companies in 52 industries, Korn Ferry asked executives, directors and analysts who work at the companies to rate enterprises in their own industry on nine criteria sections.
LS&Co. saw top five scores for all criteria sections within the apparel industry list. Those include:
- Innovation
- People Management
- Use of Corporate Assets
- Social Responsibility
- Quality of Management
- Financial Soundness
- Long-Term Investment Value
- Quality of Products/Services
- Global Competitiveness