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Levi Strauss weighs Dockers sale
Levi’s tempers forecast and weighs sale of Dockers — ‘This is all about focus,’ CEO says
Shares of Levi Strauss & Co. slid after hours on Wednesday after the jeans maker tempered its full-year sales forecast, even as management said its core Levi’s brand was leading the way toward improvement and called out potential gains from its new partnership with Beyoncé.
Levi Strauss Stock Slides After Company Cuts Revenue Outlook, Weighs Dockers Sale
Levi Strauss cut its annual revenue guidance and said it was exploring selling its Dockers fashion line, as Chief Executive Michelle Gass looks to center the company on its namesake brand. Shares (
Levi Strauss considers possible sale of Dockers brand, shares tank 10%
Levi Strauss said on Wednesday it was considering a sale of its underperforming Dockers brand and forecast fourth-quarter revenue below expectations, sending its shares down 10% in extended trading.
3d
on MSN
Brand Management Firms Expected to Face Off Over Dockers
Dockers has long been treated as a stepchild by Levi’s, which created the business as a men’s khaki brand in 1986 to ...
3d
Biden praises Liz Cheney’s speech and reacts to dockworkers’ suspension of strike
U.S. President Joe Biden praised Liz Cheney for her speech at a campaign rally with Vice President Kamala Harris.
6d
Striking dockers hold America’s economy to ransom
The cost of transatlantic freight has surged as tens of thousands of American dock workers go on strike, with analysts ...
3d
Levi Strauss Is Proof That Denim Is As Fashionable As Ever
Levi Strauss & Co (NYSE: LEVI) issued a mixed quarterly report. While the iconic denim brand is doing great as far as its ...
Yahoo Finance
4d
As Levi’s pivots to DTC, Dockers may be sold
Levi Strauss & Co. said Q3 net revenue was flat to last year at $1.5 billion, with Levi’s up 5% globally,
Dockers
down 15% and Beyond Yoga up 19%. Direct-to-consumer net revenues grew 10% year ...
4d
Levi Strauss shares fall on weak holiday-quarter forecast
Levi Strauss' shares fell about 7% on Thursday after a tepid forecast for holiday-quarter revenue underscored the denim maker ...
4d
Dockers End Three-day Strike At Montreal Port
Dockworkers at the port in Montreal, the second-largest in Canada, ended a partial three-day strike as scheduled on Thursday, ...
19h
Fremantle recruit Gabby Newton says onus is on players to improve starts after it cost them loss to Hawthorn
Fremantle recruit Gabby Newton says it’s on the players to find a way to shake their disastrous first-quarter form after it ...
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