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VFC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that V.F. Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Businesswire· 2025-09-16 11:10
Core Viewpoint - The V.F. Corporation is facing a class action lawsuit due to allegations of misleading investors about its financial health and growth prospects, particularly regarding the Vans brand, leading to significant stock price declines [4][5][10]. Group 1: Lawsuit Details - The class action lawsuit is titled Brenton v. V.F. Corporation, No. 25-cv-02878 (D. Colo.), and it involves investors who purchased V.F. Corporation securities between October 30, 2023, and May 20, 2025 [1]. - Investors have until November 12, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit alleges that V.F. Corporation and its executives violated the Securities Exchange Act of 1934 by providing false information regarding the company's revenue outlook and growth potential [1][4]. Group 2: Allegations Against V.F. Corporation - The complaint claims that V.F. Corporation misrepresented its growth and cost-cutting measures, particularly regarding the Vans brand, which did not align with actual performance [4]. - On May 21, 2025, V.F. Corporation reported a significant decline in Vans' growth, with losses worsening from 8% to 20% in the fourth quarter, which was attributed to deliberate revenue reductions [5]. - Following the negative report, V.F. Corporation's stock price fell nearly 16%, indicating a strong market reaction to the disclosed information [5]. Group 3: Company Background - V.F. Corporation, along with its subsidiaries, offers a range of branded apparel, footwear, and accessories for various demographics [3]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized for its significant recoveries in securities class action cases, having recovered over $2.5 billion for investors in 2024 alone [8].
Uniqlo founder Yanai says US may suffer most from tariffs
Reuters· 2025-09-16 03:05
The Japanese founder of fashion brand Uniqlo said on Monday the U.S. may bear the highest price from the impact of tariffs on global trade. ...
VFC INVESTOR NOTICE: V.F. Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-09-16 01:10
Core Viewpoint - V.F. Corporation is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934, with claims that the company misrepresented its revenue outlook and growth potential during the class period from October 30, 2023, to May 20, 2025 [1][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Brenton v. V.F. Corporation and was filed in the District of Colorado [1]. - The lawsuit claims that V.F. Corporation and its executives created a false impression of reliable information regarding the company's projected revenue and growth, while downplaying risks associated with seasonality and macroeconomic factors [4]. - The complaint highlights a significant decline in the growth trajectory of the Vans brand, with losses reported at 8% in the previous quarter and worsening to 20% in the fourth quarter of fiscal 2025 [5]. Group 2: Financial Impact - Following the release of disappointing financial results on May 21, 2025, V.F. Corporation's stock price fell nearly 16% [5]. - The company attributed its poor performance to "deliberately reduced revenue" aimed at eliminating unprofitable segments, indicating that even without these actions, Vans would have experienced a "high single digit" revenue decline [5]. Group 3: Legal Process - Investors who purchased V.F. Corporation securities during the class period have until November 12, 2025, to seek appointment as lead plaintiff in the lawsuit [1][6]. - The lead plaintiff will represent the interests of all class members and can select a law firm of their choice for litigation [6]. Group 4: Company Overview - V.F. Corporation, along with its subsidiaries, offers a range of branded apparel, footwear, and accessories for various demographics [3].
Berger Montague PC Investigating Claims on Behalf of V.F. Corporation (NYSE: VFC) Investors After Class Action Filing
Prnewswire· 2025-09-16 00:06
Core Viewpoint - A class action lawsuit has been filed against V.F. Corporation (VFC) for allegedly misleading investors regarding its turnaround plan, particularly concerning the Vans brand [1][3]. Company Overview - VFC is a global leader in branded lifestyle apparel, footwear, and accessories, owning well-known brands such as Vans, The North Face, Timberland, and JanSport [2]. Lawsuit Details - The lawsuit pertains to investors who purchased VFC shares between October 30, 2023, and May 20, 2025, with a deadline of November 12, 2025, for potential lead plaintiff appointments [2]. - The complaint claims that VFC did not disclose necessary restructuring steps for Vans, which negatively impacted revenue and contradicted earlier public statements [3]. Financial Performance - On May 21, 2025, VFC reported a 20% decline in Vans revenue for Q4 fiscal 2025, worsening from an 8% decline in the previous quarter [4]. - The company attributed this shortfall to undisclosed internal cost-cutting and restructuring actions, indicating deeper brand issues [4]. - Following the revenue announcement, VFC's stock price dropped from $14.43 to $12.15, a decline of over 15% [4].
Portnoy Law Firm Announces Class Action on Behalf of V.F. Corporation.
Globenewswire· 2025-09-15 20:55
LOS ANGELES, Sept. 15, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises V.F. Corporation, (“V.F.” or the "Company") (NYSE: VFC) investors of a class action on behalf of investors that bought securities between October 30th, 2023, and May 20, 2025, inclusive (the “Class Period”). V.F. investors have until November 12th, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights ...
Investor Alert: Robbins LLP Informs Investors of the V.F. Corporation Class Action Lawsuit
Prnewswire· 2025-09-15 20:55
Core Viewpoint - A class action lawsuit has been filed against V.F. Corporation (NYSE: VFC) for allegedly misleading investors about the company's business prospects, particularly regarding the Vans brand turnaround efforts [1][2]. Group 1: Allegations and Misleading Information - The lawsuit claims that V.F. Corporation misled investors about its plans to revitalize the Vans brand, including positive results from an inventory reset and new leadership appointments, while concealing the need for further significant reset actions to achieve growth [2]. - The complaint highlights that the company reported sequential revenue growth in the Vans brand but failed to disclose material adverse facts that would impact its revenue growth trajectory [2]. Group 2: Financial Impact - On May 21, 2025, V.F. Corporation reported a decline in Vans' growth trajectory, with losses increasing from 8% in Q3 to 20% in Q4, and projected continued declines into the next quarter [3]. - Following this announcement, VFC's stock price dropped from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025, representing a decrease of approximately 15.8% [3]. Group 3: Class Action Participation - Shareholders interested in participating in the class action must submit their papers by November 12, 2025, to serve as lead plaintiff, representing other class members in the litigation [4]. - Shareholders can remain absent class members and still be eligible for recovery without participating in the case [4]. Group 4: About Robbins LLP - Robbins LLP is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [5].
Gap Inc. Appoints Jody Gerson to Board of Directors
Prnewswire· 2025-09-15 20:15
Core Insights - Gap Inc. has appointed Jody Gerson, Chairman and CEO of Universal Music Publishing Group, to its Board of Directors, effective immediately [1][2][3] Group 1: Appointment and Background - Jody Gerson brings over three decades of leadership experience in the music and entertainment industry, being the first female CEO of a major music publisher and the first woman to chair a global music company [1][2] - Gerson has been instrumental in signing globally influential artists and acquiring significant music catalogs, enhancing her reputation as a cultural leader [2][4] Group 2: Strategic Importance - Gerson's insights into "fashiontainment" are expected to be invaluable for Gap Inc. as the company aims to redefine its brand identity at the intersection of fashion, music, and celebrity [2][3] - Her appointment aligns with Gap's recent success in music-driven fashion campaigns, which have achieved significant engagement metrics, including over 400 million views and 8 billion impressions [4] Group 3: Company Overview - Gap Inc. is the largest specialty apparel company in America, operating iconic brands such as Old Navy, Gap, Banana Republic, and Athleta, and is committed to creating products that shape culture while promoting social responsibility [5]
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of V.F. Corporation
Globenewswire· 2025-09-15 17:56
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against V.F. Corporation (VFC) due to allegations of misleading statements regarding the company's turnaround plans and the performance of its Vans brand, which has seen significant revenue declines [2][4]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses exceeding $50,000 in VFC between October 30, 2023, and May 20, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against VFC, with a deadline of November 12, 2025, for investors to seek the role of lead plaintiff [2][6]. - The complaint alleges that VFC and its executives violated federal securities laws by making false or misleading statements about the company's financial health and growth plans [4]. Group 2: Financial Performance and Market Reaction - VFC reported a significant decline in the growth trajectory of its Vans brand, with losses worsening from 8% to 20% in the fourth quarter of fiscal 2025 [5]. - The company's stock price fell dramatically 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 following the earnings report [5].
Daily Dividend Report: RL,GGG,TRTX,PEGA,BSY
Nasdaq· 2025-09-15 17:31
Dividend Announcements - Ralph Lauren has declared a quarterly dividend of $0.9125 per share, payable on October 10, 2025, to shareholders of record as of September 26, 2025 [1] - Graco's Board of Directors declared a quarterly dividend of $0.275 per share, payable on November 5, 2025, to shareholders of record as of October 20, 2025, with approximately 165.7 million shares outstanding [2] - TPG RE Finance Trust announced a cash dividend of $0.24 per share for Q3 2025, payable on October 24, 2025, to common stockholders of record as of September 26, 2025 [3] - Pegasystems announced a quarterly cash dividend of $0.03 per share, to be paid on October 15, 2025, to shareholders of record as of October 1, 2025 [4] - Bentley Systems declared a dividend of $0.07 per share for Q3 2025, payable on September 30, 2025, to all stockholders of record as of September 23, 2025 [5]
CSE Bulletin: Reinstatement - Grounded People Apparel Inc. (SHOE)
Newsfile· 2025-09-15 17:16
Toronto, Ontario--(Newsfile Corp. - Le 15 septembre/September 2025) - Effective immediately, Grounded People Apparel Inc. will be reinstated for trading. The Company has rectified the situation that gave rise to the suspension. _________________________________ Avec effet immédiat, Grounded People Apparel Inc. sera réintégrée à la négociation. La Société a rectifié la situation qui a donné lieu à la suspension. Effective Date/ Date Effective : Le 15 SEPT 2025 Symbol(s)/Symbole(s) : SHO ...