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V.F. Corp. Sold Dickies to Bluestar Alliance: Here's What You Should Know
ZACKS· 2025-11-14 15:41
Core Insights - V.F. Corporation (VFC) is successfully executing its turnaround strategy by optimizing its brand portfolio and divesting non-core assets like Dickies to focus on more profitable brands [1][4] Divestiture Details - VFC has completed the sale of the Dickies brand to Bluestar Alliance LLC for a base cash value of $600 million, subject to customary adjustments [2] - Dickies was acquired by VFC in 2017 for approximately $820 million and has faced declining sales for over a year [3] Strategic Focus - The divestiture of Dickies is aimed at reducing debt levels and reallocating resources to higher growth potential categories, reflecting VFC's sharpened strategic focus and commitment to financial discipline [3][4] - The sale supports VFC's efforts to enhance its balance sheet and improve financial flexibility, aligning with its medium-term leverage goals [4] Growth Initiatives - VFC is advancing its Reinvent transformation program, focusing on disciplined cost management, balance sheet improvements, and strategic brand focus [6] - The company is experiencing strength in its Outdoor segment, particularly with brands like The North Face and Timberland, which positions it well against durable consumer trends [6] - Ongoing investments in digital and supply-chain capabilities are enhancing efficiency and supporting long-term growth and improved shareholder confidence [6] Market Performance - VFC's shares have increased by 16.9% over the past three months, contrasting with a 9.3% decline in the industry [5]
FINAL DEADLINE: Faruqi & Faruqi Reminds VFC Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 12, 2025 – VFC
Businesswire· 2025-11-12 19:46
Core Viewpoint - V.F. Corporation is under investigation for potential claims related to a federal securities class action, with a deadline for investors to seek lead plaintiff status set for November 12, 2025 [1] Group 1 - Faruqi & Faruqi, LLP, a prominent national securities law firm, is leading the investigation into V.F. Corporation [1] - The investigation is focused on potential claims against V.F. Corporation, indicating possible legal challenges ahead for the company [1] - The firm has multiple offices across the United States, including locations in New York, Pennsylvania, California, and Georgia [1]
北面亚太增长见顶,押注门店升级
Xin Lang Cai Jing· 2025-11-12 05:26
Core Insights - The North Face is intensifying its retail strategy in response to slowing growth in the Asia-Pacific market, with the opening of its first membership center store in Shanghai [1][3] - The company aims to upgrade 30 stores in China by the end of 2025, focusing on enhancing member experiences and community engagement [1][6] Financial Performance - VF Corporation reported total revenue of $2.8 billion for Q2 of fiscal year 2026, a 2% year-over-year increase, with The North Face and Timberland growing by 6% and 7% respectively [3][4] - The Asia-Pacific region saw a 2% decline in revenue for VF Corporation in Q2, with the Greater China region also experiencing a 2% decline [3][4] Market Strategy - The North Face is transitioning from a period of rapid growth to a stabilization phase in the Chinese market, necessitating a search for new growth opportunities [3][6] - The company is focusing on retail channel adjustments and store upgrades as a key strategy to drive future growth [6][8] Community Engagement - The opening of the membership center coincided with an event featuring renowned climbers, emphasizing the brand's commitment to community and experiential marketing [6][8] - The North Face is enhancing its retail spaces to create deeper connections with consumers, positioning stores as hubs for outdoor enthusiasts [8][10] Future Outlook - The CEO of VF Corporation expressed optimism about The North Face's growth potential in new product categories, women's business development, and year-round product offerings [10]
VFC DEADLINE ALERT: ROSEN, NATIONAL INVESTOR RIGHTS COUNSEL, Encourages V.F. Corporation Investors to Secure Counsel Before Important November 12 Deadline in Securities Class Action - VFC
Newsfile· 2025-11-12 02:26
Core Viewpoint - Rosen Law Firm is urging investors of V.F. Corporation to take action before the November 12, 2025 deadline for a securities class action lawsuit related to misleading statements about the company's turnaround plans [1][5]. Group 1: Class Action Details - Investors who purchased V.F. Corporation securities between October 30, 2023, and May 20, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 12, 2025 [3][6]. - The lawsuit claims that V.F. Corporation's management concealed significant reset actions necessary for the Vans brand's growth, leading to investor damages when the truth was revealed [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions for investors [4]. - The firm achieved the largest securities class action settlement against a Chinese company at the time and has consistently ranked among the top firms for securities class action settlements since 2013 [4].
UPCOMING DEADLINE: Faruqi & Faruqi Reminds VFC Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 12, 2025 - VFC
Newsfile· 2025-11-11 23:31
Core Viewpoint - V.F. Corporation (VFC) is facing a federal securities class action lawsuit due to allegations of misleading statements regarding its turnaround plans and the performance of its Vans brand, which has seen significant revenue declines [6][7]. Group 1: Lawsuit Details - The lawsuit claims that VFC and its executives violated federal securities laws by making false or misleading statements about the company's turnaround plans and the necessary actions to restore growth for the Vans brand [6]. - The deadline for investors to seek the role of lead plaintiff in the class action is November 12, 2025 [3]. Group 2: Financial Impact - Following the disclosure of disappointing financial results on May 21, 2025, VFC's stock price dropped from $14.43 to $12.15 per share, a decline of approximately 15.8% in one day [8]. - The reported decline in Vans' growth trajectory worsened from an 8% loss in the previous quarter to a 20% loss in the fourth quarter, with expectations of continued decline [7]. Group 3: Investor Actions - Investors who suffered losses between October 27, 2022, and May 20, 2025, are encouraged to discuss their legal rights and options with the law firm Faruqi & Faruqi [2][10]. - The firm has a history of recovering significant amounts for investors since its establishment in 1995 [5].
Levi & Korsinsky Notifies Shareholders of V.F. Corporation(VFC) of a Class Action Lawsuit and an Upcoming Deadline
Globenewswire· 2025-11-11 21:34
Core Viewpoint - V.F. Corporation is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between October 30, 2023, and May 20, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that V.F. Corporation made materially false and misleading statements regarding its turnaround plans, particularly concerning the Vans brand, which required significant reset actions to return to growth [2]. - Following the release of V.F. Corporation's fiscal 2025 results on May 21, 2025, it was revealed that Vans' revenue growth had significantly declined, with losses increasing from 8% to 20% in the fourth quarter [2]. - The company attributed its disappointing results to deliberate actions taken to eliminate unprofitable businesses, indicating that even without these actions, Vans would have experienced a high single-digit revenue decline [2]. Group 2: Stock Price Impact - On May 21, 2025, V.F. Corporation's stock price fell from $14.43 to $12.15 per share, marking a decline of approximately 15.8% in one day following the negative news [2]. Group 3: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 12, 2025, to request appointment as lead plaintiff in the lawsuit, although participation does not require serving in this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 4: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [4].
Class Action Lawsuit Alert: Levi & Korsinsky Reminds V.F. Corporation (VFC) Investors of November 12, 2025 Deadline
Newsfile· 2025-11-11 14:12
Core Viewpoint - A class action lawsuit has been filed against V.F. Corporation, alleging securities fraud that negatively impacted shareholders between October 27, 2022, and May 20, 2025 [2]. Group 1: Lawsuit Details - The lawsuit claims that V.F. Corporation made materially false and misleading statements regarding its turnaround plans, particularly concerning the Vans brand, which required significant reset actions to return to growth [3]. - The decline in Vans' growth trajectory was highlighted in V.F. Corporation's fiscal 2025 results, showing a drop from an 8% loss in the previous quarter to a 20% loss in the fourth quarter, with expectations of continued decline [4]. Group 2: Stock Impact - Following the disclosure of the disappointing results, V.F. Corporation's stock price fell from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025, marking a decline of approximately 15.8% in one day [4]. Group 3: Next Steps for Shareholders - Shareholders who experienced losses during the specified timeframe are encouraged to seek information about their rights to recovery, with no cost or obligation to participate [5].
Expanded Class Period Notification: V.F. Corporation (VFC) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-11-10 23:00
Core Viewpoint - V.F. Corporation (VFC) is facing a class action lawsuit due to significant financial losses and misleading statements regarding the performance of its Vans brand, which has seen a notable decline in revenue growth [2][4]. Financial Performance - VFC reported a 20% loss in the growth trajectory of the Vans brand for the fourth quarter of fiscal 2025, compared to an 8% loss in the previous quarter [2]. - The company anticipates that this decline will continue into the next quarter, attributing the poor results to "deliberately reduced revenue to eliminate unprofitable or unproductive businesses" [2]. Stock Market Reaction - Following the announcement of the financial results, VFC's stock price dropped by $2.28, or 15.8%, closing at $12.15 per share on May 21, 2025, impacting investors negatively [3]. Legal Allegations - The class action lawsuit alleges that VFC made materially false and misleading statements throughout the class period, failing to disclose necessary actions to return the Vans brand to growth and misrepresenting the company's business prospects [4]. - Specifically, the lawsuit claims that VFC did not inform investors about the need for significant reset actions that would affect Vans' revenue growth trajectory [4].
VFC DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages V.F. Corporation Investors to Secure Counsel Before Important November 12 Deadline in Securities Class Action - VFC
Newsfile· 2025-11-10 22:37
Core Viewpoint - V.F. Corporation investors are encouraged to secure legal counsel before the November 12, 2025 deadline for a securities class action lawsuit related to misleading statements about the company's turnaround plans [1][5]. Group 1: Class Action Details - The class action pertains to V.F. Corporation securities purchased between October 30, 2023, and May 20, 2025, with a lead plaintiff deadline set for November 12, 2025 [1][2]. - Investors who purchased securities during the class period may be eligible for compensation without upfront costs through a contingency fee arrangement [2]. - A lawsuit has already been filed, and interested parties can join by contacting the Rosen Law Firm [3][6]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience [4]. - The firm has a history of significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions for investors [4]. Group 3: Allegations Against V.F. Corporation - The lawsuit alleges that V.F. Corporation's management made materially false and misleading statements regarding its turnaround plan, particularly concerning the Vans brand's growth trajectory [5]. - It is claimed that the company concealed the need for additional significant reset actions to achieve growth, which ultimately led to revenue setbacks for the Vans brand [5].
VFC DEADLINE: ROSEN, A TOP RANKED LAW FIRM, Encourages V.F. Corporation Investors to Secure Counsel Before Important November 12 Deadline in Securities Class Action – VFC
Globenewswire· 2025-11-10 22:21
Core Viewpoint - Rosen Law Firm is reminding investors who purchased V.F. Corporation securities during the specified class period of the upcoming lead plaintiff deadline on November 12, 2025 [1] Group 1: Class Action Details - Investors who purchased V.F. Corporation securities between October 30, 2023, and May 20, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6] - The lawsuit alleges that V.F. Corporation's management made materially false and misleading statements regarding the company's turnaround plans, particularly concerning the Vans brand [5] Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering significant amounts for investors [4] - The firm has been recognized for its leadership in securities class action settlements, achieving the largest settlement against a Chinese company at the time and securing over $438 million for investors in 2019 alone [4] Group 3: Case Specifics - The lawsuit claims that V.F. Corporation concealed necessary reset actions that would impact the revenue growth trajectory of the Vans brand, leading to investor damages when the truth was revealed [5]