April 15, 2021
Denim giant Levi Strauss & Co. released its 2021 first-quarter results April 8, as Chief Executive Officer Chip Bergh shared his optimism regarding the company’s continued recovery from the impact of COVID-19. | Photo courtesy of Levi Strauss & Co.
Stories this photo appears in:
Levi’s Raises Outlook After Releasing First Quarter Results
Finance
Denim giant Levi Strauss & Co. continues to navigate the fallout from the COVID-19 pandemic. For its first financial quarter of 2021, released April 8, the brand reported net revenues of $1.3 billion, down 13 percent compared to the same quarter the previous year. The decline was attributed to closures of company-operated stores as well as third-party retail locations.
Commenting has been disabled for this item.