Levi Strauss shareholders vote against proposals to end the diversity program

(Reuters) – Levi Strauss shareholders were submitted on Monday, voting against a proposal to end its diversity, equity and inclusion (DEI) efforts.

The proposal comes amid the January executive order, which is a push for US President Donald Trump to dismantle federal and the overall private sector practices.

Over the past year, large companies, including Walmart, Target and Amazon.com, have rolled back DEI policies targeting women, ethnic minorities, LGBTQ+ people and other traditionally underrepresented groups.

More than 99% of Levi Strauss shareholders voted against the proposal at the annual shareholders meeting held on April 23, the filing said.

Similarly, in January, over 98% of Costco wholesale shareholders voted against a proposal calling for a report on the risks that maintains its diversity and comprehensive initiative.

Levi Strauss maintained its annual revenue and profit forecast earlier this month ahead of its quarterly profit estimates.

(Reporting by Neil J. Canatt of Bengaluru.