Levi Strauss hired the luxury veteran away from Burberry to become chief commercial officer.
& Co. to take on the same role, overseeing commercial operations of the Levi’s brand across all global channels.
He will report to Michelle Gass, who’s been chief executive officer since January and has been accelerating the company’s pivot to a direct-to-consumer positioning.Heidi Klum Champions Sustainable Style in Deconstructed Sonia Carrasco Denim Dress at Fashion Trust U.S. Awards 2024 Before Burberry, where Flore started in 2017, he held a series of leadership roles at luxury giant Kering, working at Bottega Veneta and rising to become CEO of Brioni.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Levi Strauss's Direct-to-Consumer Business Booms, Accounts for Nearly 50% of RevenueLevi Strauss's direct-to-consumer business is booming and now accounts for nearly 50% of all revenue. The shift comes as department stores face an uncertain future in the U.S. and Levi's looks to grow its stores and website.
Read more »
Stocks making the biggest moves premarket: Levi Strauss, Intuitive Machines, Wayfair and moreThese are the stocks posting the largest moves in premarket trading.
Read more »
Levi Strauss shares surge 18% on raised profit guidance, holiday earnings beatShares of Levi Strauss surged after the company said its profits will be higher than expected in fiscal 2024 thanks to cost cuts, layoffs and fewer promotions.
Read more »
Levi Strauss shares surge as profits expected to exceed estimates in 2024Levi Strauss announced that its profits for fiscal 2024 will be higher than expected, leading to an 18% increase in its shares. The company is achieving this by cutting costs, improving efficiencies, and shifting sales from department stores to online and its own shops. Levi's also reported its adjusted earnings per share for fiscal 2024 to be between $1.17 and $1.27, surpassing the previous range of $1.15 to $1.25. As discretionary spending slows down, the company is focusing on cost reduction and efficiency improvement to enhance its profitability.
Read more »
Levi Strauss Shares Surge on Higher Profit ExpectationsLevi Strauss shares jumped 18% after the company announced that its profits will exceed expectations in fiscal 2024. The company is implementing cost-cutting measures and focusing on online and direct sales to boost its bottom line.
Read more »
Jim Cramer shares his thought on SharkNinja, Hertz Global, Levi Strauss, Conagra Brands and BlockDuring the Investing Club's Morning Meeting on Thursday, Jim Cramer opined on headlines involving SharkNinja, Hertz, Levi Strauss, Conagra Brands and Block.
Read more »