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Business

Levi Strauss posts sales and earnings growth, raises outlook

Levi Strauss & Co. has reported net revenues of 1,498 million dollars, an increase of 41 percent on a reported basis, and 38 percent on a constant-currency basis, compared to the same period in the prior year. The company’s wholesale net revenues increased 45 percent reflecting strong demand in the U.S. and Europe, direct-to-consumer (DTC) net...

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Design

Levi's to phase out its Denizen brand

Denim giant Levi Strauss is to discontinue its Asian casualwear brand Denizen over the next twelve months in order to focus on growing its core Levi’s jeans brand. Denizen currently operates in India through a network of 272 stores in cooperation with franchise partners. Levi's aims to drive the growth of its own label by offsetting the Denizen...

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