Thursday, February 14, 2019

Levi's to Return to Stock Exchange After Strong Comeback

Fortune
Levi Strauss & Co on Wednesday filed paperwork with regulators to return to the stock market after a 34-year absence, buoyed by strong sales and profit growth in recent years that shows an established clothing brand, particular in the hyper-competitive jeans market, can reinvent itself.

The company opened 74 more stores in 2018, including notably a 17,000 square foot store in New York’s Times Square.. . . more