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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 ...
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, ...
3d
As Levi’s pivots to DTC, Dockers may be sold
CEO Michelle Gass said the khakis business “has underperformed for some time” and the company wants to focus on its denim and ...
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 ...
Fashion United
4d
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 ...
The Daily Star
4d
How is US dockers' strike affecting international trade?
US dockers launched strike action on Tuesday in 36 ports on the East Coast and Gulf of Mexico. Around half of North America's ...
1d
High-flying Hawks, Dockers meet in top-eight battle. Follow LIVE
Freo enters the match with an unchanged line-up after Tuesday's impressive win over Geelong, while the Hawks have copped a ...
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 ...
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