LEVI Stock Recent News
LEVI LATEST HEADLINES
Levi Strauss said it will sell Dockers to Authentic Brands Group for $311 million, as Chief Executive Michelle Gass continues taking steps to center the company on its namesake brand.
Levi Strauss on Tuesday said it will sell its Dockers apparel brand to Reebok and Van Heusen owner Authentic Brands Group for $311 million to focus on its flagship Levi's brand and the Beyond Yoga activewear line.
Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million. The denim maker said it was considering selling Dockers in October as it looked to focus on its namesake banner and growing direct sales.
SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (LS&Co.) (NYSE: LEVI) and Authentic Brands Group (Authentic) today announced that they have entered into a definitive agreement for LS&Co. to sell Dockers® to Authentic for an initial transaction value of $311 million, subject to customary adjustments and closing conditions, with the potential to reach up to $391 million through an $80 million earnout opportunity in future years based on the performance of the Dockers® business unde.
In the most recent trading session, Levi Strauss (LEVI) closed at $17.51, indicating a -0.11% shift from the previous trading day.
The latest trading day saw Levi Strauss (LEVI) settling at $17.21, representing a +0.82% change from its previous close.
SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (LS&Co.) today unveiled “These City Walls,” an initiative to commission 25 new murals across San Francisco in honor of the 25th anniversary of the company's Community Day. This project is part of the company's ongoing effort to support revitalization in the city by making grants to local organizations, mobilizing employees for volunteering, and partnering with like-minded companies and non-profits. In addition to kicking off the mural p.
Levi Strauss (LEVI) concluded the recent trading session at $15.81, signifying a -1.25% move from its prior day's close.
Whether they invest or not, most Americans are getting weary of tariff talk. Beyond the prospect of significantly higher prices, investors are unclear of what level of tariffs will be applied to which country.
Levi Strauss shareholders voted against a proposal for the company to end its diversity, equity and inclusion (DEI) efforts, it disclosed in a filing on Monday.