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Bloomberg

Pop Culture Mentions, Direct-to-Consumer Strategy Drives Levi's Earnings

Levi's CEO Michelle Gass said that both celebrity ad campaigns and organic pop culture moments have contributed to Levi's boosted outlook as the jeans brand collaborated with Beyonce and were featured on the fashion forward FX series 'Love Story.' Gass also discussed supply chain consideration as US-based companies face higher transportation costs and tariffs on manufacturing.

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Bloomberg

Economy is 'Very Resilient' Despite Geopolitical Risks, Says Luzzetti

Matthew Luzzetti, Deutsche Bank chief US economist and head of US Economic Research, said that the US economy has revealed to be 'very resilient' in the fact of 'abnormal and historic' shocks over the last year. Luzzetti said that the geopolitical situation points the fed in a more hawkish direction, but it doesn't necessarily overturn a resilient view of the economy.

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