In the most recent first-quarter filings from US apparel and footwear brands and retailers, Levi Strauss & Co saw sales increase but profits slip, while Hanesbrands is expecting sales of around US$1.38bn. Kate Spade, meanwhile, saw earnings slump on the back of sales declines.
US Q1 in brief – Kate Spade & Co, Levi Strauss & Co, Hanesbrands
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