NEW YORK — Breaking a 22-quarter slump, Levi Strauss & Co. eked out a third-quarter sales increase — its first since 1996 — and touted it as a key step in its long-awaited turnaround.
President and chief executive officer Phil Marineau, who was brought on board in 1999 to right the flailing company, described the quarter as an inflection point. He said the San Francisco-based jeans maker expects to see flat sales in the fourth quarter and to resume consistent growth next year.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)