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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 ...
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 ...
5d
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, ...
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 ...
5d
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 ...
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 ...
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 ...
3d
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 ...
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