Denim is having a moment with consumers, but it hasn’t led to a major sales boost at Levi Strauss. The jeans creator on Wednesday posted fiscal second-quarter revenue that fell […]
Macy's proxy fight is over, but the battle for the department store's future wages on
Shopping bags in front of the Macy’s Inc. flagship store in the Herald Square area of New York, US, on Monday, Nov. 13, 2023. US holiday sales will grow at […]
Levi Strauss shares surge 18% on raised profit guidance, holiday earnings beat
The Levi Strauss & Co. label is seen on clothes in a store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. Andrew Kelly […]
Nearly half of Levi's sales are happening online and in its shops, a shift as department stores fade
Levi Strauss, which has long relied on wholesalers like Macy’s and Kohl’s to drive its business, is now doing nearly half of its sales through its own website and stores, […]
Babies R Us is coming to about 200 Kohl's stores
Shoppers walk in front of a Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s said Tuesday that it’s teaming up with the owner of Babies R […]
Companies — profitable or not — make 2024 the year of cost cuts
Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software […]
What will retail look like in five years? Top industry executives share their predictions
Illustration by Christina Locopo Retail has seen unprecedented upheaval over the last several years. Some of the industry’s key decision-makers expect even more evolution ahead. Covid-related shocks have upended retail, […]
Levi Strauss plans to cut at least 10% of its global corporate workforce in restructuring
Jeans are displayed at a Levi Strauss store in New York, March 19, 2019. Shannon Stapleton | Reuters Levi Strauss will lay off at least 10% of its global corporate […]
Retail CEO turnover soars, and fewer women hold top jobs in the industry
Michelle Gass, chief executive officer of Kohls Corp., at the National Retail Federation Inc. annual honors in New York, Jan. 12, 2020. Bess Adler | Bloomberg | Getty Images Turnover […]
Yoga wars heat up as Levi's Beyond Yoga taps former Athleta CEO, Gap veteran as next chief executive
Beyond Yoga Courtesy: Beyond Yoga Levi Strauss’ Beyond Yoga has tapped former Athleta CEO and longtime Gap veteran Nancy Green to be its next chief executive, as the company looks […]