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Genesco Gains Footwear Sourcing Strength in Levi’s Distributor Acquisition

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Genesco Inc. is expected to ink a new Levi’s U.S. footwear licensing agreement with Levi Strauss & Co. for men, women and children next month, once it closes on a $33.7 million acquisition of Togast LLC. New York-based Togast LLC has served as a licensed distributor for Levi’s footwear in the U.S. The purchase agreement…

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