Favorable currency exchange and a $215 million onetime tax benefit boosted Levi Strauss & Co. revenues and earnings for the fourth-quarter and year-end periods, but they were offset by steady declines in North America and continued difficulties in key Asian markets.
"Overall, we are pleased with our progress," said John Anderson, president and chief executive officer, during a conference call with analysts.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)