Trends
Levi's shares drop 15% amid weakness in wholesale business
Levi's shares dropped by more than 15% during the company's shift to direct-to-consumer sales, despite denim dominating the latest trends in fashion.
Levi Strauss’ shares tumbled more than 15% on Thursday after weakness in the denim maker’s wholesale business led to downbeat second-quarter revenue.
Despite denim dominating the latest trends in fashion — including the resurgence of early 2000s jort... [3396 chars]