V.F. Corporation (VFC)
VF Corp sells Supreme brand for less than it paid in 2020
Vans and North Face owner VF Corp (NYSE:VFC, ETR:VFP) has agreed to sell its Supreme streetwear brand to Italo-French sunglasses maker EssilorLuxottica for $1.5 billion. VF, which also owns brands such as Timberland, Dickies and Eastpak, bought Supreme from its founders for $2.1 billion in 2020.
Van parent VF Corp.'s stock up 1.3% after company announces sale of Supreme skating brand to EssilorLuxottica for $1.5 billion in cash
VF Corp.'s stock VFC, +6.68% rose 1.3% early Wednesday, after the Vans parent said it's entered an agreement with French branded lifestyle and accessories maker EssilorLuxottica EL, -4.40% to sell its Supreme skating brand for $1.5 billion in cash. “We see an incredible opportunity in bringing an iconic brand like Supreme into our company,” said Francesco Miller, CEO of EssilorLuxottica along with Paul du Saillant, deputy CEO, in prepared remaks.
V.F. Corp: From Millionaire-Maker To Bargain Bin? A Turnaround Story In The Making
Consistent dividend growers have historically beaten the market with lower volatility. In this article, we'll discuss a company that has cut its dividend. V.F. Corporation has faced challenges due to poor consumer confidence and financial difficulties, resulting in declining revenue and gross margins. Despite financial struggles, the company has made progress in reducing debt, streamlining operations, and transitioning to direct-to-consumer sales, showing potential for future growth.
Why Is V.F. (VFC) Up 16.2% Since Last Earnings Report?
V.F. (VFC) reported earnings 30 days ago. What's next for the stock?
V.F. (VFC) Stock Dips While Market Gains: Key Facts
V.F. (VFC) reachead $13.67 at the closing of the latest trading day, reflecting a -1.01% change compared to its last close.
Why V.F. (VFC) Outpaced the Stock Market Today
The latest trading day saw V.F. (VFC) settling at $13.80, representing a +1.92% change from its previous close.
VF Corp. Hires Former Lululemon Chief Product Officer for Vans; Stock Jumps
VF Corp. (VFC) shares jumped Friday, a day after the struggling clothing retailer appointed former Lululemon Athletica (LULU) Chief Product Officer Michelle “Sun” Choe as global brand president of its Vans unit.
VF Corp.'s stock rises after ex-Lululemon chief product officer joins Vans as global brand president
VF Corp.'s stock rose Friday after the apparel and footwear company named former Lululemon chief product officer Sun Choe as global brand president of its Vans skateboard sneaker line in a move that drew praise on Wall Street.
VF Corp Stock May Be Down, But Don't Count it Out
Outdoor apparel and footwear manufacturer VF Corp. NYSE: VFC had a disastrous fiscal Q4 2024 earnings report. The consumer discretionary sector giant missed top and bottom line estimates and experienced sales drops in all its brands as excess inventory is being worked through.
Investing in V.F. (VFC)? Don't Miss Assessing Its International Revenue Trends
Evaluate V.F.'s (VFC) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
North Face Parent VF Reports Loss as Sales Miss Estimates on Weak Demand
Shares of VF Corp. (VFC) fell to their lowest level in more than 15 years Thursday after the apparel company posted an unexpected loss per share for its fiscal fourth quarter and missed sales estimates on weak demand. The company also named a new chief financial officer (CFO).
Why VF Corp Stock Was Slumping Today
VF missed estimates in its fourth-quarter earnings report. Revenue and profits continue to fall.
