Levi Strauss & Co., which gave America its first pair of blue jeans, is going public for the second time. Sales increasingAll of that has helped Levi Strauss turn in a 14 per cent increase in sales to $5.6 billion for the year ended Nov. 25, 2018. Traders wear Levi's clothing during the Levi Strauss & Co. IPO at the NYSE, which loosened its dress code for the event. In its prospectus, Levi Strauss says it plans to use the proceeds to expand more aggressively into China, India and Brazil. Levi Strauss is adopting a dual-class share structure.
Source: CBC News March 21, 2019 13:37 UTC