Levi Strauss News

Subscribe to enjoy similar stories. New Delhi: A seismic shift is rocking India’s retail landscape, with several chief executives of high-profile companies jumping ship and docking with rivals, even as the industry grapples with slowing growth and evolving consumer behaviour that is moving towards value brands. From Levi Strauss & Co.

Subscribe to enjoy similar stories. Companies from Levi Strauss & Co. to McCormick & Co., among others, say they are raising prices early this year on items from bluejeans and spices to housewares and industrial products.

Subscribe to enjoy similar stories. Levi Strauss knew baggy jeans were a big deal, but its data infrastructure helped the company understand the depth of the trend and move quickly to meet demand. Levi Strauss & Co., making jeans since the 1850s, intuitively knew the baggy fit would catch on with younger shoppers, new to its dungarees.

Michelle Gass, chief executive of Levi Strauss & Co, said the denim maker's global operations should take a cue from the Indian business in terms of keeping speed, agility and execution of its retail strategy in a market, crucial to achieving its $10-billion annual revenue target, up from about $6 billion currently. «Speed, decisiveness, agility, risk taking and making decisions, India does it really well. Every market has their own local product engine, but the bigger opportunity is operating like this speedy, agile retailer, and taking this culture of the Indian team and bringing that throughout the company is a great opportunity,» Gass told ET in an interview, adding that the Indian team is amongst the strongest it has globally. «This is one of the most dynamic, exciting markets I have been to, and there's so much happening. We have had strength in the market for some time, but they are constantly challenging themselves to be better and evolve and that's what's accelerating our growth here,» she said.

Stocks that traded heavily or had substantial price changes on Thursday: Walgreens, International Paper fall; McCormick, Apogee rise

Stocks are barely budging on Wall Street as markets wait for a key report on inflation

For Andrei Burak, modeling was mostly a side gig—a way to make a little cash as he worked his way up from lighting assistant to producer after moving from Belarus to Los Angeles five years ago. He did a number of photoshoots and even walked in LA Fashion Week twice, but at times, modeling was “super stressful," he said, between the long waits in casting lines, probing questions from casting directors and constant rejection. Burak isn’t standing in any more casting lines these days.

Levi Strauss & Co’s jeans got a hat tip with the recent release of Beyoncé’s album, Cowboy Carter, which draws on country and folk music across cultures and eras. It includes a sensual song called Levii’s Jeans. As fans speculate, the double ‘i’ plays off the fact that the album is ‘Act II’ of a planned trilogy.

Stocks that traded heavily or had substantial price changes on Thursday: Levi Strauss, Conagra Brands rise; Lamb Weston, RPM International fall

Nike is cutting 2% of its global workforce, or a little over 1,600 jobs, as the athletic wear giant aims to cut costs and reinvests its savings into what it sees as big growth areas like sport, health and wellness

Denim giant Levi Strauss & Co. says that it’s slashing its global corporate workforce by 10% to 15% in the first half of the year

She turned the Frappuccino into a hit at Starbucks. At Kohl’s, she wooed the beauty chain Sephora to spruce up the department stores, but then battled with activist investors, who called for her removal as chief executive. Now, Michelle Gass is taking on her “dream job," as CEO of Levi Strauss, the 171-year-old denim maker that has given us 501 jeans, the trucker jacket and other wardrobe staples.

Levi Strauss & Co. says that its CEO will step down in January and hand over the reins of the jeans maker to his appointed successor

MADRID (Reuters) — Zara owner Inditex (BME:ITX), the world's largest clothing retailer, said on Friday its suppliers would buy 2,000 metric tons of a raw material made out of cotton textile waste by Swedish company Renewcell.

Gump's San Francisco store owner John Chachas discusses his open letter to state officials about the downtown crime crisis on 'Cavuto: Coast to Coast.'

Check out the companies making headlines in midday trading.

Investing.com — U.S. stocks were rising, erasing earlier losses after a stronger than expected jobs report for September.

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Investing.com — US stock futures were trading within a tight range during Thursday's evening deals, following a mixed session for major benchmark averages as investors brace for key employment data due later in Friday's trade.

Investing.com — Levi Strauss on Thursday narrowed its guidance after reporting third-quarter revenue that fell short of analysts estimates amid ongoing U.S.-led weakness in its wholesale business, 

Investing.com — US stock futures were trading slightly lower during Wednesday's evening deals, after major benchmark averages rebounded and Treasury bond yields slipped following weaker than expected ADP employment data.