American apparel company Levi Strauss is suspending commercial operations and any new investments in Russia

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• Levi Strauss & Co. (NYSE:LEVI) is temporarily suspending commercial operations in Russia, including any new investments.
• The company is committed to supporting its employees, partners and their families affected by this decision in the months ahead.
• In 2021, approximately 4% of the company’s total net revenues were derived from Eastern Europe, half of which was related to Russia.