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Levi Strauss raises sales outlook on vaccine hopes Updated / Friday, 9 Apr 2021 07:24 Levi Strauss said its net revenue fell about 13% to $1.31 billion for the first quarter ended February 28 Levi Strauss & Co has raised its half-year revenue growth forecast, banking on Covid-19 vaccine rollouts to spur a return to normalcy, after the denim maker beat estimates for quarterly results on a pandemic-led e-commerce boost.  The company also raised its quarterly dividend to six cents per share from four cents.  Many clothing sellers, including Nike and Kohl's, have also expressed similar optimis...

9 Apr 2021 President and CEO of Levi Strauss & Co. Chip Bergh said Friday on CNN’s “Newsroom” that his company is advocating for so-called gun control because “gun violence is ripping this country apart.” Bergh said, “I’ve been a CEO now for about ten years. I can tell you that over that 10-year period of time, the role has changed dramatically. You know, the business roundtable, talk about stakeholder management and ensuring that we’re driving value for all stakeholders. I have a large employee base globally. I’ve got communities where we work and serve the communities. So ...

Let's See How Levi Strauss's Charts Are Fitting Now LEVI has done well since our recommendation in early October. Stocks quotes in this article: LEVI For his final "Executive Decision" segment of  Mad Money Thursday evening, Jim Cramer checked in with Chip Bergh, CEO of Levi Strauss & Co. (LEVI) , the iconic apparel maker. Bergh said there's no doubt the Levi brand is hot around the world. As the pandemic subsides, consumers are flocking to brands they know and love. The U.S. remains a big opportunity for Levi, with many major cities still not having one o...

Last modified on Fri 12 Feb 2021 13.35 EST A generation war has been playing out on TikTok for some time, though anyone older than 24 might be oblivious to the millions of “millennial v Gen Z” videos that have appeared on the social media site in the past year. But now the kids have turned their sights on something that millennials apparently hold close to their hearts: skinny jeans. In scenes reminiscent of the “OK boomer” meme that divided the generations in 2019, the videos have shone a light on how Generation Z – broadly defined as anyone born between the mid-90s and 2010 – id...

C&S Wholesale Grocers CEO Bob Palmer Bob Palmer, CEO of Keene, New Hampshire-based C&S Wholesale Grocers was among the five members added by the Retail Industry Leaders Association (RILA) to its board of directors, following elections during the organization’s semi-annual meeting held virtually on Jan. 19. The other new board members were Michelle Gass, CEO of Kohl’s Corp.; Shelley Bransten, corporate VP, global consumer goods and retail industries at Microsoft Corp.; Mark LaVigne, CEO of Energizer Holdings Inc.; and Karyn Schoenbart, CEO of The NPD Group. “The retail industry i...