Levi Strauss & Co. (LS&Co.) has entered into a definitive agreement to sell its Dockers® brand to Authentic Brands Group for an initial transaction value of $311 million. The deal includes an $80 million earnout opportunity, potentially increasing the total value to $391 million, contingent upon the future performance of the Dockers® business under Authentic's ownership. This sale aligns with LS&Co.'s strategic focus on its core brands and its direct-to-consumer growth approach. CEO Michelle Gass expressed confidence in Authentic Brands Group's ability to foster the next chapter of growth for Dockers®. The transaction also supports LS&Co.'s plans to return a portion of the proceeds to shareholders through share repurchases.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。