Latest news with #LeviStrauss&Co
UPI
7 days ago
- Entertainment
- UPI
Watch: Beyonce plays 'denim cowboy' in Chapter 4 of Levi's jeans ad
1 of 5 | Beyoncé is a denim cowboy in a new ad for Levi's jeans. Photo courtesy of Levi Strauss & Co. Aug. 4 (UPI) -- Beyoncé is starring in a new Levi's jeans ad. Chapter 4, titled "The Denim Cowboy," released Monday and is the fourth installment in her Levi Strauss & Co.'s Reimagine campaign. It expands on the previously released clips "Launderette," "Pool Hall" and "Refrigerator." "The Denim Cowboy" begins with the songstress riding on horseback to a laundromat at 8:53 a.m. Viewers then see Beyoncé placing ice in a washing machine before slipping out of her jeans and throwing them in the washer as well. Chapter 1 was inspired by Levi's 1985 "Launderette" ad, which featured the song "I Heard it Through the Grapevine," according to a press release. In Chapter 2, Beyoncé is seen sweating as she works in a diner at 5:01 p.m., and Chapter 3 shows her winning a pair of jeans from actor Timothy Olyphant after competing in a game of pool at 9:04 p.m. "Through Reimagine and our partnership with Beyonce, one of the most influential artists of our time, we're building on decades of classic Levi's iconography and celebrating what it means to lead with intent and confidence," said Kenny Mitchell, the Levi Strauss & Co. chief marketing officer, in a statement. Beyoncé turns 43: 35 images of the superstar
Time of India
17-07-2025
- Business
- Time of India
Ex-Levi's exec Jain is Arvind Fashions CEO
Mumbai: Arvind Fashions has named Amisha Jain as its MD & CEO. Jain, who has had a stint with the company, will succeed Shailesh Chaturvedi who will leave before his five-year term ends in Jan 2026. Jain will assume office on Aug 13. Until recently, Jain was MD & SVP of South Asia, Middle East, Africa and Eastern Europe at Levi Strauss & Co. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Yahoo
15-07-2025
- Business
- Yahoo
Levi Strauss & Co. (LEVI): CEO Is 'Doing A Great Job,' Says Jim Cramer
We recently published . Levi Strauss & Co. (NYSE:LEVI) is one of the stocks Jim Cramer recently discussed. Levi Strauss & Co. (NYSE:LEVI) is one of the most well-known apparel companies in America. Its shares have gained 26% year-to-date, helped by an 11% jump in July. Levi Strauss & Co. (NYSE:LEVI)'s stock soared after the firm's fiscal second quarter earnings report saw it guide 1.5% midpoint 2025 revenue growth, which was higher than the 1.5% drop that the firm had forecast earlier. Cramer's previous remarks about the firm praised it before the earnings report was released. Here's what he said on Friday: 'Look we saw it last night, Michelle Gass told me at Levi, look we're gonna be able to overcome it cause they have, they can take price cause Levi's is a great brand. A stylishly dressed man wearing jeans and a jacket from the company, smiling confidently. This wasn't the first time Cramer had praised Gass. Back in April, he commented: 'She's trying to figure out what to do where. But what matters is they have tremendous organic growth. Management reiterated their earnings per share guidance of $1.20, $1.25. Our friend Matt Boss has a terrific piece out saying it's the early innings. Upgrades to overweight. Don't forget they have a 3.8% yield. And denim is doing incredibly well. And you come into stocks at 10 times earnings. This is the kind of thing that I like. Stock that is just being crushed where the fundamentals are actually improving. And there are enough out there that you just have to find them. So I like Levi Strauss very much. And look, I think that their direct-to-consumer initiative is very strong.' While we acknowledge the potential of LEVI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
14-07-2025
- Business
- Yahoo
Small-Cap Russell 2000 Leads Another Up-Day in the Market
Thursday, July 10, 2025Markets kept moving higher this Thursday, with the small-cap Russell 2000 leading the major indexes for the 4th session in the last 5. The Dow also performed fairly well today: +192 points, +0.43%, while the S&P 500 was up +17 points or +0.27% and the Nasdaq +19 points, +0.09%. The Russell gained +10 points for the session +0.48%.The Russell 2000 has been playing catch-up of late, as large-cap AI/tech stocks listed on the Nasdaq and S&P 500 have led the market for nearly all of this year so far. But in the past month, the Russell is +5%, while the other major indexes hover around +4%. It's still off all-time highs reached 3 1/3 years ago, but the small-caps have outgained the field of the past month or much reining in animal spirits in the market these days, we continually see higher and higher markets. This is even with a trade deadline having come and gone and precious few trade deals with any U.S. trading partners helping light the way forward. We seem to be both having our cake and eating it too these days. Iconic American apparel company Levi Strauss & Co. LEVI reported earnings for its fiscal Q2 after today's close, and were ahead of the Zacks consensus estimates: earnings of 22 cents per share outshone the 14 cents estimated by analysts, while $1.4 billion in revenues surpassed the $1.37 billion we had been projecting. (You can see the full Zacks Earnings Calendar here.)Gross margins for LEVI hit a record +62.6% for the quarter, with comps for the Americas up +5%, net revenues in Europe +14%, and Asia flat. Direct-to-Consumer was +11% in the quarter. All in all, a good quarter — one that justifies its current jump +7% in late trading on the news. The stock is up an additional +14% year to date. There will be no economic reports Friday, and no earnings reports worth writing home about tomorrow either. We look ahead to next Tuesday, when not only Consumer Price Index (CPI) data will be out, but also Q2 earnings reports from some of the biggest Wall Street banks such as JPMorgan JPM, Citigroup C and Wells Fargo banks are expected to perform well, as assets under management are at record highs, while investment banking has performed well across the board with markets at or near all-time highs. The three major banks reporting Tuesday all are currently at Zacks Rank #3 (Hold). Meanwhile, the CPI Inflation Rate from last month's report was at a 12-month low +2.3%, +2.8% on core. These are about as close to what we've seen to the Fed's optimal inflation target of +2.0%.Questions or comments about this article and/or author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wells Fargo & Company (WFC) : Free Stock Analysis Report JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report Citigroup Inc. (C) : Free Stock Analysis Report Levi Strauss & Co. (LEVI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Business Times
11-07-2025
- Business
- Business Times
US: Stocks edge down from records amid tariff threats
[NEW YORK] Wall Street stocks retreated from records on Friday (Jul 11) as markets digested US President Donald Trump's latest tariff threats while looking ahead to major earnings reports later this month. In his latest broadsides on trade, Trump warned of 35 per cent tariffs on Canada and said his administration was on track to announce levies on the European Union in the coming days. But equity markets have had a 'bullish' reaction to these developments, said Adam Sarhan of 50 Park Investments, who contrasted Friday's equity market losses with stock market carnage earlier in the year at Trump's initial wave of tariff threats. The broad-based S&P 500 finished down 0.3 per cent at 6,259.75, declining from Thursday's record close. The Dow Jones Industrial Average shed 0.6 per cent to 44,371.51, while the tech-rich Nasdaq Composite Index fell 0.2 per cent to 20,585.53 after hitting its own record Thursday. 'We have yet to see new substantial tariffs actually be enforced,' said Sarhan, describing investors as sceptical the biggest levies will actually be enacted. Among individual companies, Levi Strauss & Co shot up 11.2 per cent after reporting higher profits on a 6.4 per cent rise in revenues. The denim company scored especially solid growth in the Americas and Europe. Earnings season accelerates next week with reports from large US banks, to be followed later in July by large technology companies and industrial players. Next week's calendar also includes consumer price data for June, a key benchmark for US Federal Reserve monetary policy. AFP
