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Levi's bets big on luxury ‘Blue Tab' $400 jeans as premium denim demand surges
New York Post· 2025-11-11 18:04
Core Insights - Levi Strauss & Co. is intensifying its focus on luxury denim with the introduction of the "Blue Tab" jeans, priced between $300 and $400, targeting higher-end consumers while maintaining its presence in the mass market [1][3][4] - The Blue Tab collection, which includes shirts and jackets priced up to $800 in Europe, has shown strong performance in initial tests across Asia, Europe, and the US, prompting plans for a larger rollout in 2026 [1][7][11] - The company reported $6.4 billion in sales last year and has experienced high-single-digit growth in recent quarters, with expectations for a strong holiday season [5][14] Product Strategy - The Blue Tab jeans represent Levi's most significant move into the premium market, where growth is surpassing that of the mid-tier denim category [3][4] - The company aims to expand its "addressable market" without neglecting budget-conscious shoppers, maintaining a dual-track strategy that includes both high-end and low-cost products [3][9] Market Positioning - Levi's is leveraging collaborations with high-end designers to enhance its appeal among affluent consumers, which is part of its broader strategy to recover from inflation and trade challenges [11][14] - The company is also exploring future acquisitions to diversify its portfolio beyond denim, following its 2021 acquisition of activewear brand Beyond Yoga for $150 million [15]
Levi's to sell $300 jeans in more stores to tap growing demand for premium denim
Reuters· 2025-11-11 11:56
Levi's will sell its new line of $300 jeans in more stores next year as it looks to boost growth by tapping into strong demand for premium denim, Chief Financial and Growth Officer Harmit Singh told R... ...
Levi’s Accuses 7 For All Mankind of Trademark Infringement
Yahoo Finance· 2025-10-31 18:15
Levi Strauss & Co. has filed a trademark infringement lawsuit against Delta Galil Industries-owned 7 For All Mankind (7FAM), alleging that the brand has “misappropriated” the Levi’s tab trademark. The denim purveyor said in its complaint that the tab trademark has come to be known as a concrete signal that consumers are buying an authentic Levi’s product and argued that extraneous uses of that trademark could dilute or harm its own brand. More from Sourcing Journal “The tab trademark appears on almost all ...
BTIG Initiates Coverage on Levi Strauss (LEVI) with a Buy Rating and $27 Price Target
Yahoo Finance· 2025-10-30 22:53
Levi Strauss & Co. (NYSE:LEVI) is included among the 15 Dividend Growth Stocks with the Highest Growth Rates. BTIG Initiates Coverage on Levi Strauss (LEVI) with a Buy Rating and $27 Price Target Image by Steve Buissinne from Pixabay Levi Strauss & Co. (NYSE:LEVI) stands among‌ the world‍’s lar‍gest‌ branded apparel companies a‌nd is a⁠ global leader in den⁠im wear. The company designs and mar‍ke‍ts jeans, c‍asual clothing, and accessories fo‍r me​n, women, and​ children under⁠ its various b‍ra‍n‍ds⁠. ...
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against Hims & Hers Health, Inc.
Globenewswire· 2025-10-29 15:22
Core Viewpoint - A class action securities fraud lawsuit has been filed against Hims & Hers Health, Inc. to recover losses for shareholders affected by alleged fraud between April 29, 2025, and June 22, 2025 [2][3] Group 1: Lawsuit Details - The lawsuit alleges that Hims & Hers Health, Inc. engaged in deceptive practices by promoting and selling illegitimate versions of Wegovy®, which posed risks to patient safety [3] - The complaint suggests that these actions created a substantial risk of termination of the company's collaboration with Novo Nordisk [3] - As a result of these allegations, the positive statements made by the defendants regarding the company's business and prospects were deemed materially misleading [3]
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against Savara Inc.
Globenewswire· 2025-10-29 01:39
Core Viewpoint - A class action securities fraud lawsuit has been filed against Savara Inc. by Pomerantz LLP, correcting a previous statement regarding the filing firm [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for shareholders affected by alleged securities fraud occurring between March 4, 2024, and May 23, 2025 [2]. - The complaint alleges that Savara Inc. made false statements regarding the MOLBREEVI Biologics License Application (BLA) for the treatment of pulmonary alveolar proteinosis, indicating insufficient information about its chemistry, manufacturing, and controls [3]. - It is claimed that the FDA was unlikely to approve the MOLBREEVI BLA in its current form, which would delay the submission timeline previously communicated to investors [3]. Group 2: Implications for Investors - The delay in regulatory approval for MOLBREEVI increases the likelihood that Savara would need to raise additional capital, impacting shareholder value [3]. - Shareholders who suffered losses during the relevant timeframe are encouraged to seek recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP is highlighted as a nationally recognized securities litigation firm with a strong track record in securing recoveries for shareholders [5]. - The firm has been consistently ranked among the top securities litigation firms in the United States, emphasizing its expertise in complex securities cases [5].
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against KBR, Inc.
Globenewswire· 2025-10-29 01:39
Core Viewpoint - A class action securities fraud lawsuit has been filed against KBR, Inc. by The Rosen Law Firm, P.A., correcting a previous misstatement regarding the filing firm [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for shareholders affected by alleged securities fraud occurring between May 6, 2025, and June 19, 2025 [2]. - The complaint alleges that KBR, Inc. made false statements regarding its partnership with HomeSafe, despite knowing that the U.S. Department of Defense had concerns about HomeSafe's ability to fulfill a global household goods contract [3]. Group 2: Next Steps for Affected Shareholders - Shareholders who suffered losses during the specified timeframe are encouraged to visit a provided link to learn about their rights to seek recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP is highlighted as a nationally-recognized securities litigation firm with a strong track record in securing recoveries for shareholders, having ranked in the Top 50 Report for seven consecutive years [5].
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against Fortinet, Inc.
Globenewswire· 2025-10-29 01:16
Core Viewpoint - A class action securities fraud lawsuit has been filed against Fortinet, Inc. to recover losses incurred by shareholders due to alleged misrepresentations regarding the company's product refresh cycle and its impact on business performance [1][2][3]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for shareholders affected by alleged securities fraud occurring between November 8, 2024, and August 6, 2025 [2]. - The complaint alleges that Fortinet's management made false statements and concealed critical information about the refresh cycle of their products, indicating it would not be as profitable as claimed [3]. - It is claimed that Fortinet misrepresented the number of FortiGate firewalls eligible for upgrades and that the refresh was pushed through much faster than communicated to investors [3]. Group 2: Legal Representation - Levi & Korsinsky LLP, a well-established securities litigation firm, is representing the plaintiffs in this case, having a strong track record in securing significant recoveries for shareholders [5]. - The firm has been recognized in the Top 50 Report by ISS Securities Class Action Services for seven consecutive years, highlighting its expertise in complex securities litigation [5].
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against Fluor Corporation
Globenewswire· 2025-10-29 01:13
Core Viewpoint - A class action securities fraud lawsuit has been filed against Fluor Corporation, alleging that the company made false statements regarding its financial health and project costs, which negatively impacted shareholders [1][3]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for shareholders affected by alleged securities fraud occurring between February 18, 2025, and July 31, 2025 [2]. - The complaint claims that Fluor Corporation concealed rising costs associated with infrastructure projects due to subcontractor errors, price increases, and scheduling delays [3]. - It is alleged that the company's financial guidance for FY 2025 was unreliable, overstating the effectiveness of its risk mitigation strategies and understating the impact of economic uncertainty [3]. Group 2: Next Steps for Affected Shareholders - Shareholders who suffered losses during the specified timeframe are encouraged to seek information on their rights to recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP, a recognized securities litigation firm, is representing the plaintiffs and has a strong track record in securing recoveries for shareholders [5].
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against RCI Hospitality Holdings, Inc.
Globenewswire· 2025-10-29 01:06
Core Viewpoint - A class action securities fraud lawsuit has been filed against RCI Hospitality Holdings, Inc. to recover losses incurred by shareholders due to alleged fraudulent activities between December 15, 2021, and September 16, 2025 [2][3]. Group 1: Lawsuit Details - The lawsuit alleges that RCI Hospitality Holdings, Inc. engaged in tax fraud and bribery to conceal this fraud, leading to an understatement of legal risks and materially false statements regarding the company's business and operations [3]. Group 2: Next Steps for Affected Shareholders - Shareholders who suffered losses during the specified timeframe are encouraged to seek information on their rights to recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP, a recognized securities litigation firm, is representing the case and has a strong track record of securing significant recoveries for shareholders [5].