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Stock impact report

Authentic Brands, IAC partner to expand Dockers across Americas [Yahoo! Finance]

Levi Strauss & Co Class A (LEVI) 
Last levi strauss & co class a earnings: 4/7 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The partners have created a dedicated platform intended to support Dockers' reach into new retail and cultural environments across Central America, Ecuador, the Andean region, and selected Caribbean markets. Authentic Brands Group entertainment and international president, Corey Salter, said: “IAC is an industry leader with deep operational expertise and a successful track record of scaling lifestyle brands across the region. We are excited to partner with them and are confident in their ability to bring Dockers to new consumers while preserving the brand's unique DNA.” The collaboration aims to pair Dockers' global recognition with IAC's regional expertise, including retail relationships and insight into consumer preferences. Authentic stated that the partnership will “drive meaningful growth” while maintaining “strong market relevance.” The company entered into a definitive agreement to acquire the intellectual property of Dockers from Levi Strauss & Co. in May last year. Show less Read more
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