Levi Strauss & Co. stuck with its full-year sales outlook, helped by demand for new denim and women’s clothing, but the jeans maker’s quarterly sales just missed expectations, and it said it expected higher costs from marketing and a change in how it plans to store and ship clothing.
Levi’s needs to promote a ‘denim lifestyle’ on to shoppers. Wall Street wants extra convincing. | Invesloan.com
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