Bloomberg Levi Strauss & Co. reported quarterly revenue that exceeded expectations, suggesting fears of a denim slowdown were overblown amid strong momentum in the direct-to-consumer business and improving trends in Europe. Revenue in the fiscal fourth quarter ended November 27 was $1.59 billion, compared with the $1.57 billion average estimate of analysts surveyed by Bloomberg. Earnings of 34 cents ...

  Bloomberg Superdry Plc shares plunged after the fashion retailer cut its profit outlook for the year, blaming its underperforming wholesale business and warning of potential consumer weakness in the months ahead. The British retailer, known for its logo T-shirts and bright colours, expects adjusted pretax profit to be flat for fiscal year ending in April. That compares with a ...

  Bloomberg Figaro Coffee Group Inc. jumped to a record as Philippine’s largest instant noodle maker Monde Nissin Corp. acquired a 15% stake in the company, giving the local coffee chain and restaurant operator more funds to expand its store network. Shares of Figaro advanced 5.6%, trimming earlier gains of as much as 6.7%, while volume surged about 24 times ...