Denim is having its moment under the spotlight again, but the iconic denim apparel producer Levi Strauss & Co. hasn’t managed to benefit from this as expected.
Sharing its quarterly report this week, Levi’s revealed earnings that fell short of analysts’ expectations. While the company...
Levi Strauss shares fell 7% on Friday after the company decided to cut its full-year profit outlook. The decision came after the fashion retailer suffered a 22% year-over-year decline in sales.
In addition to its crippling sales figures, the company attributed its decision to slash...
Clothing company Levi Strauss & Co. delivered a first-quarter earnings report with lots of positives on Thursday, but the company’s stock has still seen a record drop. So what happened?
Levi managed to top the net revenue estimates of $1.62 billion by coming at $1.69...
