Levi Strauss reported a 27.0% year over year drop in revenues in fiscal Q3’20 (to Aug. 23) which “were substantially better than we expected” according to CEO Chip Bergh. The revenues were 30.7% higher than analysts’ expectations according to S&P Global Market Intelligence data. A surge in e-commerce shipments helped. The firm plans to “diversify across geographies, distribution channels and product categories” which will likely add complexity to its supply chain. U.S. seaborne imports linked to Levi Strauss fell by 22.0% year over year in Q3, reflecting wider challenges for the denim se...