WWD.com/markets-news/financial/levis-q2-net-down-on-overseas-wholesale-weakness-6065600

financial

July 10, 2012

Global Softness Hits Levi's Bottom Line

Second-quarter profits dropped by more than a third as combined revenues in Europe and the previously firm Asia-Pacific region dropped at a double-digit pace.

By Arnold J. Karr

financial/news

The cotton cost conundrum of 2011 is quickly giving way to the global consumer crisis of 2012, putting apparel firms’ sales and profits at risk.

Levi Strauss & Co. checked in as...

Global Softness Hits Levi's Bottom Line

Second-quarter profits dropped by more than a third as combined revenues in Europe and the previously firm Asia-Pacific region dropped at a double-digit pace.

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