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benzinga.comThe denim company reported second-quarter revenue of $1.56 billion and adjusted earnings of 28 cents per share. It increased its full-year sales growth forecast to 7-7.5 percent and its adjusted earnings per share range to $1.46-$1.52.
Levi Strauss filed suit in California alleging trademark infringement by Australian brand S-Double, which it says resumed using similar pocket tabs after a 2010 settlement.
financialpost.comLululemon announced the appointment of Heidi O'Neill, a former Nike executive, as its new CEO effective September 8. O'Neill brings experience from multiple roles at Nike, Levi Strauss, Hyatt Hotels, and Spotify. The move comes amid challenges including weak sales and a proxy bat…
Substrate placeholder — needs reviewCalifornia Attorney General Rob Bonta released a largely unredacted court filing on Monday, revealing internal emails that allege Amazon pressured brands like Levi Strauss and Hanes to raise prices at rivals such as Walmart and Target. The 19-page memorandum supports a preliminar…
ibtimes.co.ukLevi Strauss & Co. reported a 25% increase in sales for its 517 jeans model. The company attributes the growth to the 'Love Story' campaign and interest in Carolyn Bessette Kennedy's style. Shares of the company moved into positive territory for the year on the day of the report.
Substrate placeholder — needs reviewMichelle Gass, CEO of Levi Strauss & Co., appeared on CNBC's Squawk on the Street to review the company's recent earnings report. She highlighted the effectiveness of the company's strategies amid current consumer conditions. The interview covered financial performance and market…
247wallst.comLevi Strauss & Co. reported quarterly revenue and earnings that surpassed analyst estimates. The company raised its full-year guidance, with direct-to-consumer sales exceeding 50% of total revenue for the first time. The updated outlook does not incorporate recent changes to U.S.…
Substrate placeholder — needs reviewLevi Strauss & Co. reported quarterly earnings and revenue that exceeded analyst expectations. The company also raised its full-year guidance. However, the updated guidance does not incorporate recent Supreme Court decisions on tariff rollbacks.