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Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against V.F. Corporation (VFC)
Globenewswire· 2025-09-15 14:56
NEW YORK, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of Colorado on behalf of all persons or entities who purchased or otherwise acquired V.F. Corporation (“VFC” or the “Company”) (NYSE: VFC) securities between October 30, 2023 and May 20, 2025, inclusive (the “Class Period”). The Complaint alleges that Defendants provided overwhelmingly positive statements to investors whil ...
Johnson Fistel Announces Class Action Lawsuit Against V.F. Corporation (VFC) on Behalf of Investors
Globenewswire· 2025-09-15 14:06
SAN DIEGO, Sept. 15, 2025 (GLOBE NEWSWIRE) -- The Denver office of Johnson Fistel, PLLP announces that a class action lawsuit has commenced on behalf of investors of V.F. Corporation (NYSE: VFC). The lawsuit seeks to recover losses on behalf of investors who purchased the Company’s securities between October 30, 2023 and May 20, 2025, inclusive (the “Class Period”). What if I purchased VFC securities?If you purchased V.F. Corporation securities and suffered losses, you have until November 12, 2025 to seek a ...
Oxford Industries (OXM) Traded Lower Due to Tariff Challenges and Soft Consumer Spending
Yahoo Finance· 2025-09-15 13:55
Group 1: Market Overview - Small-cap stocks experienced volatility in Q2 2025, with the Russell 2000 Index rebounding 10% from its November 2024 record highs just 55 days after the "Liberation Day" decline [1] - The Russell 2000 returned 8.5% for the quarter, underperforming the Russell 1000 Index, which returned 11.1% [1] Group 2: Company Performance - Oxford Industries, Inc. - Oxford Industries, Inc. (NYSE:OXM) had a one-month return of 0.59% and its shares lost 45.85% of their value over the last 52 weeks, closing at $47.13 per share with a market capitalization of $700.69 million on September 12, 2025 [2] - In Q2 2025, Oxford Industries generated consolidated net sales of $403 million, down from $420 million in Q2 2024 [4] Group 3: Strategic Insights - Stock selection within the consumer discretionary sector for Oxford Industries reversed after a strong Q1 performance due to idiosyncratic headwinds, including increased tariff costs and softening consumer spending [3] - Management is focusing on accelerating its supply chain away from China, with an expected full exit by 2026, and is emphasizing brand innovation and core customer engagement, which leaves optimism for the company's future [3]
Lululemon Stock May Be Down 57% This Year, But Is It Out?
Yahoo Finance· 2025-09-15 12:55
Key Points Lululemon is currently in the race to win the crown for the worst stock of 2025 -- a title its shareholders would prefer it didn't have. The valuation is attractive, assuming the business isn't in the early stages of long-term decline. 10 stocks we like better than Lululemon Athletica Inc. › Slumping sales, plummeting margins, widening losses -- these are some of the tell-tale signs of a dying apparel business. So why do investors believe that Lululemon (NASDAQ: LULU) is a dying apparel ...
Superior Group of Companies Promotes Michael W. Koempel to President
Globenewswire· 2025-09-15 12:00
Core Viewpoint - Superior Group of Companies, Inc. has appointed Michael W. Koempel as President while he continues as Chief Financial Officer, reflecting the company's commitment to operational excellence and strategic growth [1][3]. Group 1: Leadership Changes - Michael W. Koempel has been appointed as President of Superior Group of Companies, effective immediately, while retaining his role as Chief Financial Officer [1]. - The three segment presidents will now report directly to Koempel in his new capacity [1]. Group 2: Leadership Experience - Koempel brings over 33 years of experience in financial, operational, governance, and strategic leadership, with a history of scaling high-growth apparel and retail brands [2]. - Prior to joining Superior Group, Koempel held significant leadership roles at IT'SUGAR®, Victoria's Secret Lingerie, and Mast Global [2]. Group 3: Company Strategy and Vision - The Chairman and CEO, Michael Benstock, emphasized Koempel's instrumental role in navigating challenges and strengthening the company's financial foundation over the past three years [3]. - Koempel expressed commitment to unlocking the potential of each business segment and driving growth, operational excellence, and shareholder value [3]. - Superior Group of Companies aims to enhance shareholder value through organic growth and strategic acquisitions across its three business segments: Healthcare Apparel, Branded Products, and Contact Centers [4].
Dickies Sold to Bluestar Alliance for $600 Million
Yahoo Finance· 2025-09-15 11:59
Company Overview - VF Corp. is selling its Dickies brand to Bluestar Alliance for $600 million in cash [1] - Dickies, founded over a century ago, has transitioned from a workwear brand to also include streetwear, and is distributed in 55 countries [2] Management Insights - Bluestar's CEO Joseph Gabbay expressed a commitment to supporting Dickies' growth by leveraging consumer insights and operational excellence [3] - VF's CEO Bracken Darrell highlighted Dickies as an iconic American brand with significant growth potential under Bluestar's ownership [3] Financial Context - VF Corp. is strategically reducing its portfolio to manage debt, particularly following the $2.4 billion acquisition of Supreme in 2020 and its subsequent sale for $1.5 billion [3] - In the first quarter ended June 28, VF reported sales of $1.8 billion, with The North Face and Timberland showing growth of 6% and 14% respectively, despite an adjusted operating loss of $56 million [4] Bluestar Alliance Profile - Bluestar has been expanding its portfolio, having acquired brands like Palm Angels and owning labels such as Off-White and Scotch & Soda [5] - Founded in 2006, Bluestar manages a portfolio of over 500 licensees globally [5]
VF Corp. to sell Dickies for $600M
Yahoo Finance· 2025-09-15 11:41
Core Insights - VF Corp. is divesting its less-performing brands, with Dickies being the latest to be sold as part of its ongoing turnaround strategy [3][4] - The company aims to reduce its debt and improve financial leverage through asset sales, as indicated by analysts [5][6] - The sale of Dickies to Bluestar Alliance for $600 million is expected to close by the end of the year, subject to regulatory approvals [8] Financial Performance - VF Corp. reported flat year-on-year revenue of $1.8 billion in its most recent quarter, exceeding its own expectations [6] - The company's strongest brands, Timberland and The North Face, continue to perform well [6] Strategic Moves - The divestiture aligns with CEO Bracken Darrell's focus on debt reduction and growth in core brands [5][6] - Bluestar Alliance, the buyer of Dickies, has been actively acquiring brands to expand its portfolio [7][8]
CAC 40 Rises Sharply; Kering, Thales Among Strong Gainers
RTTNews· 2025-09-15 11:32
Group 1: Market Reaction - Despite Fitch Ratings lowering France's long-term credit rating, the French stock market is showing positive movement, with investors anticipating policy announcements from major central banks this week [1] - The benchmark CAC 40 index increased by 95.78 points or 1.23%, reaching 7,921.02 [2] Group 2: Company Performance - Kering's stock rose more than 4%, while Thales increased nearly 4% [2] - STMicroElectronics and Societe Generale saw gains of 3.1% and 2.85%, respectively [2] - Other notable companies such as Credit Agricole, L'Oreal, LVMH, and Airbus experienced increases between 2% to 2.2% [2] - A broader range of companies including BNP Paribas, Bouygues, Stellantis, and TotalEnergies saw stock increases between 1% to 1.8% [2] Group 3: Economic Indicators - The euro area trade surplus decreased to EUR 12.4 billion in July from EUR 18.5 billion the previous year, although it was above June's level of EUR 8 billion [4] - Annual export growth slowed to 0.4% in July from 0.8% in June, while imports rose by 3.1% [4] - The decline in trade surplus was primarily attributed to chemicals and related products, which saw a surplus drop to EUR 17.4 billion from EUR 23.8 billion [5]
Shareholder Alert: The Ademi Firm continues to investigate whether HanesBrands Inc. is obtaining a Fair Price for its Public Shareholders
Businesswire· 2025-09-15 06:01
Core Viewpoint - The Ademi Firm is investigating HanesBrands for potential breaches of fiduciary duty and legal violations related to its transaction with Gildan [1] Group 1: Investigation Details - The investigation focuses on possible breaches of fiduciary duty and other legal violations in the transaction between HanesBrands and Gildan [1] - Shareholders of HanesBrands will receive 0.102 shares of Gildan and $0.80 in cash for each share of HanesBrands [1] Group 2: Financial Implications - The total offer for HanesBrands shares is valued at $6 [1]
总部位于香港的制服供应商Angie Holdings拟在美IPO
Group 1 - Angie Holdings, a Hong Kong-based apparel supplier, has submitted an IPO application to the U.S. Securities and Exchange Commission [1] - The company specializes in providing corporate uniforms, design, tailoring, and functional consulting services, with clients including contractors, utility companies, government departments, and service providers [1] - Angie Holdings also sells safety products such as helmets, boots, and gloves [1] Group 2 - Founded in 2015, the company reported revenue of $10 million for the 12 months ending June 30, 2025 [1] - The IPO plans to issue 1.5 million shares at a price range of $4 to $6 per share, aiming to raise $8 million [1] - The company intends to list on NASDAQ under the ticker symbol AGHO.RC, with Cathay Securities serving as the sole bookrunner for the IPO [1]