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The Latest Breaking News from Michelle Gass

Levi Strauss Stock Slips Despite Q3 Earnings Beat

Levi Strauss Co. (NYSE:LEVI) released its third-quarter earnings report after Thursday's closing bell.

Benzinga

Gap, Nike and Levi's took years to diversify from China. Now sky high tariffs on nations like Vietnam are ruining their strategies

What looked like a safe bet to move manufacturing supply chains out of China is turning out to be a nightmare for many big retail brands.

Fortune

Kohl’s new CEO has a massive cleanup job ahead of him as shares plunge to their lowest point since 1995

Ashley Buchanan is a talented retail executive with a daunting mandate.

Fortune

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Levi Strauss CEO Michelle Gass eyes women's clothes

Women account for 36% of Levi's sales—Gass wants them to make up 50%.

Fortune

Beyoncé, baggy jeans, and denim dresses: How Levi’s CEO Michelle Gass is leaning into women’s fashion

Women’s apparel is driving growth at what was once predominantly a denim-for-dudes company.

Fortune

A Beyoncé song gave Levi’s a golden opportunity. Here’s how the CEO made it a campaign

Michelle Gass also explained how the Queen’s iconic denim jacket ended up on her shoulders.

Fortune

A new voting turnout push from Levi Strauss focuses on community colleges

Apparel retailer Levi Strauss has teamed up with Lyft, MTV, Spotify and other companies in an effort to register 500,000 community-college students to vote.

Fortune

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Levi Strauss Sees Delay In Reaching $10 Billion Revenue Goal By 2027: Report

Levi Strauss may be delayed in its goal of reaching $10 billion in revenues by 2027.

International Business Times

Levi Strauss Stock Spirals on Revenue Miss: What to Know

Levi Strauss stock is lower Thursday after the denim company's top line missed estimates amid a "cautious" consumer environment.

Kiplinger

With a New CEO About to Take the Helm at Levi Strauss, the Brand’s Put/Call Ratios Suggest LEVI Stock Might Be a Buy

Former Kohl’s CEO Michelle Gass has been President of Levi Strauss & Company since November 2022. On Jan. 29, she takes Chip Bergh's role as CEO. The denim brand’s put/call ratios suggest LEVI stock might be a buy.

Barchart

Is a demotion a new path to CEO?

"We had to check our egos at the door," former Kohl's CEO Michelle Gass says of Levi's unusual succession plan.

Fortune

Levi's next CEO accepted a demotion to prepare for her role leading the jeans company

Michelle Gass, former CEO of Kohl's, agreed to serve as president of Levi's for around a year before eventually rising to become chief executive.

Fortune

Levi's CEO Chip Bergh to step down in January, handing over leadership to former CEO of Kohl's

Levi Strauss & Co. says that its CEO will step down in January and hand over the reins of the jeans maker to his appointed successor

The Independent UK

Too few retail execs have the chops to be CEO anymore

Retail boards are struggling with fewer prospects to fill the corner office.

Fortune

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Fortune

Women Fortune 500 CEOs will drop by one after Kohl's CEO joins Levi Strauss

Michelle Gass is joining Levi Strauss with a plan to succeed Chip Bergh as CEO within 18 months. That's one less woman heading a Fortune 500 company.

Fortune

Kohl's CEO's departure means one fewer Fortune 500 company with a female CEO and CFO

Michelle Gass is leaving for the top job at Levi's, and Jill Timm will remain CFO at Kohl's.

Fortune

Levi's CEO thinks Michelle Gass will succeed as his replacement despite her Kohl's woes

Levi Strauss CEO Chip Bergh is adamant that Kohl’s CEO Michelle Gass is the right person to succeed him, despite her inability to turn Kohl’s around.

Bangkok Post

Kohl's Scraps Talks for Sale to Franchise Group

Kohl's Corp. has called off its sale to Franchise Group Inc. amid rising interest rates and an uncertain economic environment that is having a chilling effect on deal making.

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Benzinga

Analysis: Kohl's Downhill Road To Seeking A Buyer

The news from earlier this week that Kohl’s Corp. (NYSE: KSS) was in advanced talks to be acquired by Franchise Group Inc. (NASDAQ: FRG) marked the beginning of the end for a financially troubled

Benzinga

Multiple Bidders, Key Executives Departure, Mixed Q1 Earnings - Lots Going On With Kohl's

Kohl's Corp (NYSE:KSS) reported a first-quarter FY22 sales decline of 4.4% year-on-year to $3.71 billion, beating the consensus of $3.68 billion. Gross margin for the quarter contracted by 69 basis points to 38.3%. The operating margin was 2.2%, and operating income for the quarter declined 70% Y/Y to $82 million. Selling, general and…

Fortune

Kohl's Will Offer Its Black Friday Deals Early This Year

Stores will open earlier on Thanksgiving, too.

People

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