Kohl's CEO exits to become Levi's president, future chief executive
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Michelle Gass, CEO of department store chain Kohl's, is stepping down from her role early next month and will become the president of denim giant Levi Strauss & Co.
Levi Strauss & Co, which owns brands Levi’s, Signature by Levi Strauss & Co, Denizen, Dockers and Beyond Yoga, reported a 19% fall in net revenues
Supply constraints continued to weigh on Levi Strauss’ bottom line for Q3 with the denim brand moving to temper its full-year outlook.
Levi Strauss has vowed to achieve net-zero emissions of greenhouse gases by no later than 2050 under a new set of sustainability goals.