Legendary jeans are back in fashion. Levi Strauss shares shot up

Zdjęcie: Foto: Chris J. Ratcliffe/Bloomberg


Levi Strauss shares rose by about 10 percent on Wednesday. Investors enthusiastically welcomed the strongest quarterly gross growth in nearly 4 years. There is simply a increasing belief that the jeans maker is able to neutralize the impact of the tariffs thanks to a larger share of full-price sales.