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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 ...
8d
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 ...
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 ...
12d
Strike Fears: Ports Seek to Force Dockers to the Negotiating Table
The ILA, representing 45,000 dockworkers from Maine to Texas, has announced plans to strike early next week if no agreement is reached.
6d
How Is US Dockers' Strike Affecting International Trade?
Striking US dockers could provoke damaging consequences for global trade, and notably exchanges with Europe, experts say.
Fashion United
6d
Levi Strauss announces strategic review of Dockers to drive growth
Levi Strauss net revenues of 1.5 billion dollars were flat on a reported basis, and 2 percent higher on a constant-currency ...
9h
Australian basketball legend Damian Martin to join Fremantle Dockers in leadership role
He knows a thing - or six - about winning a championship and now Australian basketball legend Damian Martin will help ...
15h
AFL 2024: Fremantle unlikely to make trade play for Chad Warner
Fremantle football boss Peter Bell has poured cold water on the prospect of the Dockers making a play for Sydney star Chad ...
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