Levi Strauss & Co., a denim company, reported $1.4 billion in second-quarter revenues, which is 8% more than it did in the same period the previous year.
In the Americas Levi’s revenues rose 17%, and fell by 2% in Europe, although they remained relatively stable in Asia compared to the previous year.
Michelle Gass, CEO of Levi Strauss & Co. said, “We delivered another strong quarter driven by the Levi’s brand’s prominence at the center of culture, a robust pipeline of newness and innovation, and continued momentum in our global direct-to-consumer channel.”
Our amplified focus on women’s and denim lifestyle is delivering outsized growth and driving meaningful market share gains, she added.
Harmit Singh, Chief Financial Officer, added: “We are pleased to have delivered earnings that significantly exceeded expectations for a second consecutive quarter.”
The Levi’s® brand portfolio continues to evolve through a relentless pioneering and innovative spirit that is unparalleled in the apparel industry. The range of leading denim and accessories are available in more than 110 countries, allowing individuals around the world to express their style.
