Levi's coming back to life in China as stores reopen, online sales rise
Share:
(Reuters) - Levi Strauss & Co said on Tuesday a majority of its stores in China, where the coronavirus outbreak first emerged in December, were open with sales recovering on a weekly basis and digital sales rising last month. The company also reported better-than-expected earnings and revenue for the first quarter ended Feb. 23, even as sales in Asia declined due to store closures, sending Levi's shares up about 3%.Like many U.S. retailers, Levi's has been hit by the coronavirus crisis as..