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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 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.
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 (
2d
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 ...
18h
AFLW 2024: Fremantle Dockers’ winning streak ended by ruthless Hawthorn in top-four shaping clash
Fremantle’s four-match winning streak ended after Hawthorn grabbed a valuable nine-point win that could potentially shape the ...
5d
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 ...
2d
AFL Fremantle Dockers star Jaeger O’Meara and wife Tory Packer expecting their first child
The end of the AFL season is off to an incredible start for Docker Jaeger O’Meara and his wife Tory Packer as they announce ...
Fashion United
3d
Levi Strauss announces strategic review of Dockers to drive growth
For the third quarter, Levi Strauss net revenues of 1.5 billion dollars were flat on a reported basis, and 2 percent higher ...
2h
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 ...
2d
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 ...
3d
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, ...
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