LEVI

Michelle Gass Assumes Role of Levi Strauss & Co. President & Chief Executive Officer

Retrieved on: 
Monday, January 29, 2024

; NYSE: LEVI) today announced that Michelle Gass has assumed the role of president and CEO, as previously disclosed in December .

Key Points: 
  • ; NYSE: LEVI) today announced that Michelle Gass has assumed the role of president and CEO, as previously disclosed in December .
  • Gass follows Chip Bergh, who served as the company’s president and CEO for the previous 12.5 years.
  • is expanding its executive leadership team with two immediate appointments, emphasizing the company's dedication to pivoting fully to a DTC-first, brand-led business model.
  • Levi’s® Chief Marketing Officer Kenny Mitchell and newly promoted Chief Merchandising Officer Dawn Vitale will join the executive leadership team, which, under Gass’ leadership, is responsible for setting the company's overall direction and overseeing all major strategic, financial and operational decisions.

Levi Strauss & Co. Renews Commitment to the Bay Area With Proposed 10-Year Extension of Levi’s® Stadium Naming Rights and 49ers Partnership

Retrieved on: 
Thursday, January 25, 2024

the naming rights for Levi’s® Stadium through the 2043 NFL season, reaffirming the parties’ commitment to the Bay Area as a world-renowned destination for sports and entertainment.

Key Points: 
  • the naming rights for Levi’s® Stadium through the 2043 NFL season, reaffirming the parties’ commitment to the Bay Area as a world-renowned destination for sports and entertainment.
  • will also be extending their sponsorship of the team, which includes digital content and merchandise collaborations, continuing this successful partnership.
  • “Since first announcing the naming rights to Levi’s® Stadium in May of 2013, under the leadership of LS&Co.
  • “The 49ers and Levi’s® are both iconic brands that are synonymous with the Bay Area, driven by a desire to serve this community.

Levi Strauss & Co. Reports Fourth-Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, January 25, 2024

Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the fourth quarter and fiscal year ended November 26, 2023.

Key Points: 
  • Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the fourth quarter and fiscal year ended November 26, 2023.
  • In fiscal 2024, it is expected this initiative will generate net cost savings of $100 million.
  • In Europe, net revenues increased 2% on a reported basis and decreased 2% on a constant-currency basis; excluding Russia, net revenues increased 1% on a constant-currency basis.
  • Other Brands net revenues decreased 11% on a reported basis and 13% on a constant-currency basis.

Beyond Yoga® Announces Executive Leadership Transition, Designed to Fuel Growth Under Levi Strauss & Co.

Retrieved on: 
Friday, January 19, 2024

“I want to thank Michelle for her leadership and for integrating Beyond Yoga® into the LS&Co.

Key Points: 
  • “I want to thank Michelle for her leadership and for integrating Beyond Yoga® into the LS&Co.
  • Green’s appointment as CEO is expected to bring in a new era of accelerated growth for Beyond Yoga®.
  • teams to continue to build the brand and accelerate its growth,” said Green, incoming CEO of Beyond Yoga®.
  • I’m committed to staying true to these values as we continue to build this community and scale this brand for its next chapter of growth.

Levi Strauss & Co. to Webcast Fourth Quarter 2023 Earnings Conference Call

Retrieved on: 
Thursday, January 11, 2024

Levi Strauss & Co. (NYSE: LEVI) will host a conference call to discuss the company’s financial results for the fourth quarter ended November 26, 2023.

Key Points: 
  • Levi Strauss & Co. (NYSE: LEVI) will host a conference call to discuss the company’s financial results for the fourth quarter ended November 26, 2023.
  • To access the conference call, please pre-register using this link .
  • A live webcast of the event can be accessed using this link .
  • A replay of the webcast will be available on http://investors.levistrauss.com starting approximately two hours after the event and archived on the site for one quarter.

Levi Strauss & Co. Appoints David Marberger to Board of Directors

Retrieved on: 
Tuesday, January 9, 2024

(NYSE: LEVI) announced today that its board of directors has appointed David Marberger as a member of the board and to serve on the board’s Audit Committee, effective immediately.

Key Points: 
  • (NYSE: LEVI) announced today that its board of directors has appointed David Marberger as a member of the board and to serve on the board’s Audit Committee, effective immediately.
  • With more than 30 years of finance and leadership experience, Marberger currently serves as the executive vice president and chief financial officer for Conagra Brands, Inc. (NYSE: CAG).
  • “With a distinguished career spanning over three decades, David brings a wealth of experience working with prominent global brands, making him an ideal addition to the LS&Co.
  • “I am honored to join the board at Levi Strauss & Co., a company I’ve long admired for its rich history and longevity as a globally recognized iconic brand,” said Marberger.

Attention: Discovery+ Subscribers (www.discoveryplus.com), Potential Privacy Violations

Retrieved on: 
Wednesday, December 20, 2023

Specifically, www.discoveryplus.com appears to have used a tracking tool to record its subscribers’ viewing habits and secretly share them with Facebook.

Key Points: 
  • Specifically, www.discoveryplus.com appears to have used a tracking tool to record its subscribers’ viewing habits and secretly share them with Facebook.
  • Levi & Korsinsky is working to represent Discovery+ subscribers with Facebook accounts who may have been impacted by this improper information sharing.
  • Compensation may be available for eligible Discovery+ subscribers - the Federal Video Privacy Protection Act allows compensation of up to $2,500.
  • Levi & Korsinsky is working with members to take action over these potential privacy violations.

CorePower Yoga (www.corepoweryoga.com) Potential Privacy Violations - LEVI & KORSINSKY, LLP

Retrieved on: 
Friday, December 15, 2023

CorePower Yoga customers could be eligible to collect up to $2,500 for these violations.

Key Points: 
  • CorePower Yoga customers could be eligible to collect up to $2,500 for these violations.
  • Levi & Korsinsky is working to represent CorePower Yoga members with Facebook accounts who may have been impacted by this improper information sharing.
  • Compensation may be available for eligible CorePower Yoga subscribers - the Federal Video Privacy Protection Act allows compensation of up to $2,500.
  • Levi & Korsinsky is now gathering members to take action over these potential privacy violations.

CorePower Yoga (www.corepoweryoga.com) Potential Privacy Violations - LEVI & KORSINSKY, LLP

Retrieved on: 
Friday, December 8, 2023

CorePower Yoga customers could be eligible to collect up to $2,500 for these violations.

Key Points: 
  • CorePower Yoga customers could be eligible to collect up to $2,500 for these violations.
  • Levi & Korsinsky is working to represent CorePower Yoga members with Facebook accounts who may have been impacted by this improper information sharing.
  • Compensation may be available for eligible CorePower Yoga subscribers - the Federal Video Privacy Protection Act allows compensation of up to $2,500.
  • Levi & Korsinsky is now gathering members to take action over these potential privacy violations.

CorePower Yoga (www.corepoweryoga.com) Potential Privacy Violations- LEVI & KORSINSKY, LLP

Retrieved on: 
Monday, December 4, 2023

CorePower Yoga customers could be eligible to collect up to $2,500 for these violations.

Key Points: 
  • CorePower Yoga customers could be eligible to collect up to $2,500 for these violations.
  • Levi & Korsinsky is working to represent CorePower Yoga members with Facebook accounts who may have been impacted by this improper information sharing.
  • Compensation may be available for eligible CorePower Yoga subscribers - the Federal Video Privacy Protection Act allows compensation of up to $2,500.
  • Levi & Korsinsky is now gathering members to take action over these potential privacy violations.