By  on July 9, 2013

Levi Strauss & Co. busted out in the second quarter with large increases in margins and profits as sales improved and costs came down.

Chip Bergh, president and chief executive officer, noted that second-half performance might be “more muted,” however, as year-on-year reductions in the cost of denim and savings on the decision to discontinue the Denizen brand in Asia will largely be behind the San Francisco-based apparel giant.

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