LEVI Strauss said on Wednesday it was considering a sale of its underperforming Dockers brand and forecast fourth-quarter revenue below expectations, sending its shares down 10 percent in extended trading.
The denim maker, which is looking to bolster growth of its namesake Levi's brand and activewear category Beyond Yoga, has announced a strategic review of Dockers, a maker of chinos and khakis, which has been hurt by cautious spending in Europe and the United States.
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