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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 (
4d
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 ...
7d
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
AFLW: Fremantle Dockers coach Lisa Webb says she is open to modifying preparation to help fix poor starts
Fremantle are open to modifying their gameday preparations to fix a string of poor starts that have left them playing from ...
4d
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 ...
Companies
6d
Levi Strauss weighs Dockers sale as Q3 fails to impress
Levi is considering a potential
Dockers
sale after the brand’s revenue declined 15% in Q3. Credit: Shutterstock. Levi Strauss & Co (LS&Co) net revenue of $1.5bn for its third quarter (Q2) ended 25 ...
1d
As CUPE works to block all-out strike at Port of Montreal, Quebec City dockworkers’ lockout enters third year
CUPE’s determination to isolate Montreal dockworkers from their class brothers and sisters until they can concoct a rotten ...
2d
AFL Trades 2024: Fremantle Dockers set to avoid exodus as they look to claim maiden premiership
Fremantle are expected to be big players in the trade period but unlike recent seasons it’s expected to be who they get and ...
4d
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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