PETA takes stake in Levi Strauss to press for vegan leather patches
People for the Ethical Treatment of Animals has taken a stake in newly-public Levi Strauss & Co. LEVI, +31.82% in order to urge the denim icon to switch its cow-skin leather patches to vegan leather ones. The activist organization says it has purchased the minimum amount of shares necessary to propose shareholder resolutions, and both attend and speak at annual shareholder meetings.
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