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Tag: Strauss

Levi Strauss & Co. (LEVI) reports Q2 2020 earnings

The denim maker Levi Strauss & Co.‘s sales fell 62% during its fiscal second quarter, the company announced Tuesday, as its online sales weren’t enough to make up for its stores being temporarily shut for roughly 10 weeks during the Covid-19 crisis.  Consumers by and large have shifted away from tight pants and denim, opting …

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Levi Strauss steps up with important new addition to family-leave benefit

Get great content like this right in your inbox. Subscribe Levi Strauss & Co. is widening the scope of its family benefits program. The denim and apparel giant announced a new paid family-leave benefit for all U.S. corporate and “benefits-eligible” retail employees. (Eligible employees are those who work at least 20 hours per week for home office …

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Levi Strauss CEO Chip Bergh on taking big risks with the jeans brand

Jeans are displayed at a Levi Strauss store in New York, March 19, 2019. Shannon Stapleton | Reuters Chip Bergh took over as CEO of Levi Strauss & Co. in 2011 when the “death of denim” was in. Bergh, who had a long career at Procter & Gamble, made the move even though many others …

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