US: Levi Strauss Denizen president Boey resigns
Jeans giant Levi Strauss & Co has revealed that Aaron Beng-Keong Boey, president of its Denizen brand and head of commercial operations for Asia Pacific has resigned.
Boey will leave the company on 24 November, according to a company Securities and Exchange Commission filing.
"Now that we have announced the strategic decision to phase out the Denizen brand in Asia, Aaron has decided that this is the right time to leave and pursue new opportunities," a spokesperson for Levi Strauss & Co told just-style.
Andrew Martin, vice president of finance for the Asia Pacific division, will assume Boey's responsibilities until a successor is chosen.
In July, Levi Strauss & Co saw second-quarter profit slump 37% after being hit by falling revenues in Asia and Europe and higher cotton costs.
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