Levi Strauss & Co. Files For IPO

Levi Strauss & Co. has filed for an IPO and will be listed on the New York Stock Exchange under the ticker symbol “LEVI.” The number of shares to be offered and the price range for the proposed offering have not yet been determined.

Levi’s performance was strong last year: the retailer reported $5.6 billion in net revenue for the fiscal year ended Nov. 25, 2018, up 14% from the previous year. The company reported an 18% increase for its direct-to-consumer business, driven by both e-Commerce and Levi’s growing…