• Q2 net profit US$21m, versus loss of $14m
  • Revenues up 12% to $1.1bn
  • Company shows growth across all regions

Apparel company Levi Strauss & Co reversed the losses of a year ago in posting a profit for the second quarter, thanks to a double-digit surge in revenues.

In the three months to 29 May, revenues in the Americas were up by a reported 7%, while Europe and Asia Pacific returned sales increases of 17% and 19% respectively.

“Our top-line improvement demonstrates that our global strategies are working,” said John Anderson, Levi’s president and CEO.

“Around the world, the Levi’s brand is performing well as consumers are responding to our craftsmanship and compelling products.”