Clothing & Shoes
Levi’s posts $11m loss despite increase in DTC revenue
Despite reporting a loss, Levi’s DTC (Direct to Consumer) net revenues increased 7% on a reported basis and 8% on a constant-currency basis
Denim brand Levi Strauss and Co has reported a net loss of $11m (£8.71m) in Q1 2024 compared with net income of $115m (£91.09m) in the prior year.
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