Key Takeaways PVH's Q2 gross margin fell 240 bps to 57.7% due to heightened promotions in key markets.Tariffs are set to cut EBIT by about $70M in FY25, up from earlier estimates.Cost savings and efficiencies are expected to add 200 bps to operating margin by year-end.PVH Corporation (PVH) is navigating a more promotional retail landscape across key markets, particularly in the United States and China, where softer consumer sentiment has pressured demand. In the second quarter of fiscal 2025, the company’s ...

(Bloomberg) -- Valentino SpA is in talks with creditors after a slowdown in demand for luxury goods battered its results, leading the fashion house to breach the terms of its debt, according to people familiar with the matter.  The Italian company, owned by Qatar’s Mayhoola for Investments and Kering SA, is seeking relief on its covenants after its debt-to-earnings ratio surpassed the threshold set in its credit agreement, said the people, who spoke on the condition of anonymity because the deliberations ...

The Skims collaboration is a big swing for Nike, complete with a branded film, a marketing campaign featuring more than 50 Nike athletes, and dozens of new products. ...

After a busy couple of weeks, including a GDP update and a rate cut from the Federal Open Market Committee (FOMC), the calendar turns to October with more economic data coming into view. A few notable earnings reports are on the agenda for next week, including Cal-Maine Foods (CALM), Carnival (CCL), Conagra Brands (CAG), Paychex (PYX), and Vail Resorts (MTN), but the one to watch will undoubtedly be Nike (NKE).Below is the schedule of key market events for the week ahead. All economic dates are tentative an ...

At the 17th edition of the symposium, themed “Green Future Vision in Textiles: Climate-Friendly Solutions and Digitalisation”, İHKİB’s subsidiary Ekoteks hosted discussions among bureaucrats, international stakeholders, global brand representatives, and academics on sustainable production practices. Turkish Exporters Assembly (TİM) and İHKİB chairman Mustafa Gültepe highlighted the importance of transformation across all sectors to enhance Türkiye's export potential to the EU and other global markets. “4 ...

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, particularly regarding the Vans brand [4][5]. Company Overview - V.F. Corporation, along with its subsidiaries, provides branded apparel, footwear, and accessories for men, women, and children [3]. Allegations of the Lawsuit - The lawsuit claims that V.F. Corporation and its executives created a false impression of reliable revenue projections while downplaying risks associated with seasonality and macroeconomic factors [4]. - It is alleged that the company's optimistic reports on growth and cost-cutting measures did not align with reality, particularly regarding the Vans brand, which required significant restructuring for sustainable growth [4]. - Following the release of disappointing fiscal results on May 21, 2025, which showed a decline in Vans' growth from an 8% loss to a 20% loss, V.F. Corporation's stock price dropped nearly 16% [5]. Financial Performance - V.F. Corporation's fourth quarter and full-year fiscal 2025 results indicated a significant decline in the Vans brand's growth trajectory, with expectations of continued decline in the following quarter [5]. - The company attributed its poor performance to deliberate revenue reductions aimed at eliminating unprofitable businesses, suggesting that even without these actions, Vans would have experienced a high single-digit revenue decline [5]. Legal Process - Investors who purchased V.F. Corporation securities during the class period (October 30, 2023, to May 20, 2025) have until November 12, 2025, to seek appointment as lead plaintiff in the class action 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]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7].

Core Viewpoint - A class action securities lawsuit has been filed against V.F. Corporation, alleging 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 for the Vans brand, indicating that significant reset actions were necessary for growth [2]. - The company's fourth quarter and full-year fiscal 2025 results revealed a decline in Vans' growth trajectory, with losses worsening from 8% to 20% in the fourth quarter, and this decline was expected to continue [2]. - Following the disclosure of these results, V.F. Corporation's stock price dropped from $14.43 to $12.15 per share, a decline of approximately 15.8% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 12, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].

In trading on Thursday, shares of Nike crossed below their 200 day moving average of $70.10, changing hands as low as $69.22 per share. Nike shares are currently trading off about 2.6% on the day. 10 Stocks Crossing Below Their 200 Day Moving Average »The chart below shows the one year performance of NKE shares, versus its 200 day moving average: NKEtickertechLooking at the chart above, NKE's low point in its 52 week range is $52.28 per share, with $90.62 as the 52 week high point — that compares with a las ...

Group 1 - Needham downgraded Lululemon Athletica Inc. from Buy to Hold, with shares falling more than 1% in pre-market trading [1] - The last 18 months have been disappointing for Lululemon, and while new product launches are expected to lift U.S. sales in 2025, the competitive environment has proven too challenging [1] - Street estimates for FY26 are considered too high, forecasting a mid-single-digit EPS decline compared to consensus expectations for flat performance [2] Group 2 - Analysts noted that while the company has not harmed its brand, the U.S. market remains difficult, making it prudent to wait for signs of stabilization before turning more positive [2]

Group 1 - The article reiterates a buy recommendation on NIKE, Inc. (NYSE: NKE) shares, continuing from an initial coverage article published on September 5, 2024 [1] - The company is expected to report its financial results soon, which may impact investor sentiment and stock performance [1] Group 2 - The analysis is based on over 5 years of experience in equity analysis in Latin America, providing in-depth research and insights for informed investment decisions [1]