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Last year, Levi's strategically discontinued its Denizen brand while focusing on its Red Tab Target (TGT) store rollout. However, Denizen's exit weighed on Levi's earnings, leading the brand to ...
We announced that we were getting out of Denizen and now the big one with Dockers, and this is really about amplifying the focus on Levi's. "Strategically, our view is that the exit of Dockers ...
and is too dependent on Levi's. So after Denizen it is now Dockers' turn. The other brand on hand is Beyond Yoga, and at least for the moment it seems to be achieving a fair amount of success.
Credit: Shutterstock. Levi Strauss & Co (LS&Co) net revenue of $1.5bn for its third quarter (Q2) ended 25 August 2024 was flat on a reported basis and 2% higher on a constant-currency basis compared ...
Wholesale sales fell 6% and were down 3% adjusting for the Denizen exit. For FY24, Levi’s (LEVI) adjusted its expectations for sales growth to just +1% from earlier guidance of up 1% to up 3%.
Even as it expands its offerings elsewhere — in service of what Gass has called a “denim lifestyle” — Levi Strauss has also recently exited its Denizen flexible pants business and its ...
Levi's margins have benefited from cost-cutting measures and exiting businesses like its footwear and Denizen brand. This helped its third-quarter adjusted profit beat Wall Street expectations by ...