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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 weighs Dockers sale as Q3 fails to impress
US clothing brand Levi Strauss & Co. (LS&Co) is evaluating strategic alternatives for its underperforming Dockers brand after revealing its Q3 net revenues of $1.5bn were flat on a reported basis.
2d
on MSN
Levi Strauss trims guidance as it weighs sale of Dockers business
Denim-maker Levi Strauss is looking to sell its Dockers brand as the khaki maker drags down the company's overall performance ...
NBC Los Angeles
3d
Levi Strauss looking to sell Dockers business as khakis fall out of fashion
Levi
Strauss
delivered mixed quarterly results and said it was looking to sell its
Dockers
business. The denim maker is seeing strong gains in its namesake brand and Beyond Yoga but sales at ...
Fashion United
1d
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 ...
1d
on MSN
Levi Strauss shares fall on weak holiday-quarter forecast
The company is also considering a sale of its underperforming khaki and chinos brand Dockers, as apparel makers rethink their ...
1d
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 ...
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