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Levi Strauss shareholders vote against proposal to end diversity programs
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Levi Strauss shareholders vote against proposal to end diversity programs
May 25, 2025 8:23 PM

April 28 (Reuters) - Levi Strauss shareholders

voted against a proposal for the company to end its diversity,

equity and inclusion (DEI) efforts, it disclosed in a filing on

Monday.

The proposal comes amid U.S. President Donald Trump's push

to dismantle the practice across the federal government and

private sector, following an executive order in January.

Over the past year, major companies including Walmart ( WMT )

, Target ( TGT ) and Amazon.com ( AMZN ) have rolled back

their DEI policies, aimed at women, ethnic minorities, LGBTQ+

people and other traditionally underrepresented groups.

More than 99% of Levi Strauss' shareholders voted against

the proposal at the annual meeting of shareholders held on April

23, the filing said.

Similarly, in January, more than 98% of Costco Wholesale ( COST )

shareholders voted against a proposal requesting a

report on the risks of maintaining its diversity and inclusion

initiatives.

Levi Strauss had posted its quarterly profit ahead of

estimates and had maintained its annual sales and profit

forecast earlier this month.

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