This week, the owner of Coach and Kate Spade named Joanne Crevoiserat as its new chief, while Jen Sey was named brand president amid an executive reshuffle at the American denim company.

They are joined by global brands including Puma and Levi Strauss, which have all signed a letter urging the country to amend trade union law.

The denim brand reported a 4 percent drop in third-quarter profit, the first fall since the 165-year-old company went public in March.

With a market capitalisation of $8 billion, the original blue jean maker plans to open new stores, develop fabric technology, offer more points of customisation for customers and improve its e-commerce experience.

Set to debut on the NYSE Thursday, Levi's sold $623.3 million in shares in its IPO with shares priced at $17, above the target range of $14 to $16.

The 145-year old jeans company is seeking to return to the public markets after more than three decades.

This week, Kering appoints Ginevra Elkann as its latest board member, while Simone Marchetti joins Vanity Fair Italia as editor-in-chief.

America’s decision to hit allies with billions of dollars in tariffs will have consequences far beyond aluminium and steel, Levi warned lawmakers.