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Levi Strauss books mixed Q2

2015-07-13 11:20:45| Apparel - Topix.net

Levi Strauss & Co has booked mixed results in its second-quarter as earnings improved but sales fell on the back of a strong dollar and the loss of its women's Dockers wholesale brand in the Americas. The US denim giant reported net income of US$11.7m in the three months to the end of May. This compared with earnings of $11.4m a year earlier and was impacted by a $14m loss on debt retirement in conjunction with an April refinancing of notes scheduled to mature in 2020.

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