Apparel
Search documents
Securities Fraud Class Action Filed Against V.F. Corporation (VFC) - Levi & Korsinsky Reminds Investors of November 12, 2025
Newsfile· 2025-11-10 13:50
Core Viewpoint - A class action lawsuit has been filed against V.F. Corporation, alleging securities fraud that negatively impacted shareholders between October 30, 2023, 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 lawsuit highlights that the true state of Vans' revenue growth trajectory was concealed, leading to significant setbacks [3]. Group 2: Financial Impact - On May 21, 2025, V.F. Corporation reported a significant decline in Vans' growth, with losses worsening from an 8% decline in the previous quarter to a 20% decline in the fourth quarter [4]. - The company attributed its disappointing results to deliberate actions taken to eliminate unprofitable businesses, which were previously unannounced, and indicated that even without these actions, Vans would have experienced a "high single digit" revenue decline [4]. - Following the announcement, V.F. Corporation's stock price dropped 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].
X @The Wall Street Journal
The Wall Street Journal· 2025-11-10 12:52
Tall running shoes, faster innovation: Inside Elliott Hill’s push to turn around Nike https://t.co/gQJPtHheUd ...
冬季消费避坑指南:这些投诉渠道你一定要知道
Xin Lang Cai Jing· 2025-11-10 08:39
Group 1 - The article highlights the arrival of the winter consumption peak, emphasizing the increase in various consumer activities such as heating equipment, down jackets, ice and snow tourism, and New Year goods procurement, which also leads to a rise in consumer disputes [1] Group 2 - Common pitfalls in winter consumption include issues with warm clothing and appliances, such as falsely labeled down content, substandard electric heaters, and safety hazards with electric blankets. Consumers are advised to purchase from reputable channels, retain purchase receipts, and check product labels and certifications [2] - In the tourism sector, complaints often arise from non-refundable ski tickets, last-minute hotel price hikes, and breaches of contract in car rental services. It is recommended to check platform reviews and confirm refund policies before booking [2] - For online promotions, common issues include discrepancies in fresh goods, unclear coupon usage rules, and delivery delays. Consumers should choose reputable merchants, read promotional rules carefully, and track logistics promptly [2] Group 3 - When facing consumer issues, consumers can file complaints through various official channels, including the national 12315 platform, which has administrative enforcement power and can investigate serious issues like false advertising and price fraud [3] - The China Consumers Association provides a platform for consumer consultation and mediation services, particularly for service and contract disputes, and publishes valuable consumer warnings and comparative test reports [4] - Industry-specific complaint channels are available, such as 12328 for transportation issues, 12381 for communication services, and 12378 for financial services, which are efficient and targeted [5] Group 4 - Third-party complaint platforms like Black Cat Complaints are gaining popularity for their convenience and efficiency. The platform allows users to submit complaints through various channels and provides real-time updates on complaint progress, significantly lowering the barriers to consumer rights protection [6][7] - The platform is free and maintains a neutral stance, ensuring fairness in the communication and resolution process. It also supports collective complaints to enhance resolution efficiency [8]
5 Revealing Analyst Questions From Kontoor Brands’s Q3 Earnings Call
Yahoo Finance· 2025-11-10 05:31
Core Insights - Kontoor Brands reported third-quarter revenue growth that met Wall Street expectations, but the market reacted negatively due to concerns over profitability and cost pressures [1] - The company highlighted strong contributions from Helly Hansen and market share gains for Wrangler, while addressing challenges in the Lee segment, particularly in China [1] - CEO Scott Baxter acknowledged lower operating margins and shipment timing shifts that impacted overall performance [1] Financial Performance - Revenue for Q3 was $853.2 million, slightly below analyst estimates of $857.1 million, representing a 27.3% year-on-year growth [6] - Adjusted EPS was $1.44, beating analyst estimates of $1.40 by 3.2% [6] - Adjusted EBITDA was $134.3 million, exceeding estimates of $125.4 million, with a margin of 15.7% [6] - The company reaffirmed its full-year revenue guidance at $3.11 billion and slightly raised its Adjusted EPS guidance to $5.50 [6] - Operating margin decreased to 7.5% from 14.7% in the same quarter last year [6] - Market capitalization stands at $4.01 billion [6] Analyst Insights - Analysts raised questions regarding the impact of shipment timing shifts at Wrangler, with CFO Joseph Alkire noting solid demand but a shift in order flow to Q4 [6] - Pricing strategies were discussed, with coordination with retail partners to address tariffs, indicating competitive positioning across markets [6] - Concerns about organic revenue growth guidance and inventory planning were addressed, with management emphasizing brand strength and digital momentum [6] - Project Jeanius is expected to realize $50 million in gross savings by 2025, with full savings anticipated in 2026 [6] - Management suggested that the Lee segment may stabilize and return to growth by late 2026, with synergies from Helly Hansen expected to be realized in 2026 [6]
VFC DEADLINE: ROSEN, LEADING INVESTOR RIGHTS COUNSEL, Encourages V.F. Corporation Investors to Secure Counsel Before Important November 12 Deadline in Securities Class Action - VFC
Newsfile· 2025-11-09 19:07
Core Viewpoint - Rosen Law Firm is encouraging investors of V.F. Corporation to secure legal counsel before the November 12, 2025 deadline for a securities class action lawsuit related to the company's alleged misleading statements and concealed facts regarding its turnaround plans [2][6]. 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 [2][3]. - Investors who purchased V.F. Corporation securities during the specified period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [3][4]. - A lawsuit has already been filed, and interested parties must act by the deadline to serve as lead plaintiff, representing other class members in the litigation [4][6]. Group 2: Allegations Against V.F. Corporation - The lawsuit claims that V.F. Corporation's management disseminated materially false and misleading statements regarding the company's turnaround plan, particularly concerning the Vans brand [6]. - It is alleged that the company concealed the need for additional significant reset actions to achieve growth for the Vans brand, which would negatively impact its revenue growth trajectory [6]. Group 3: 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 [5]. - 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 ranking highly in settlement numbers since 2013 [5].
Canada Goose Prepares For The Winter Season With More Urban, Less Branded Products
Seeking Alpha· 2025-11-09 13:56
Group 1 - The results of the first half of the fiscal year are not very relevant for the company's overall performance, as this period accounts for only about 25% of annual sales [1] Group 2 - The investment strategy focuses on long-only investment, evaluating companies from an operational and buy-and-hold perspective, rather than market-driven dynamics [2] - The articles emphasize understanding the long-term earnings potential of companies and the competitive dynamics within their industries [2] - Most recommendations will be holds, indicating a cautious approach to investment opportunities [2]
VFC SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Announces that V.F. Corporation Investors Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-11-09 13:44
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against V.F. Corporation (VFC) for alleged violations of federal securities laws, encouraging affected investors to discuss their legal options before the November 12, 2025 deadline for lead plaintiff applications [1][3]. Group 1: Allegations Against VFC - The complaint alleges that VFC and its executives made false or misleading statements regarding the company's turnaround plans, particularly concerning the Vans brand, which required significant reset actions to return to growth [3]. - The misleading statements led investors to purchase VFC securities at artificially inflated prices, resulting in financial losses when the truth was revealed [3]. Group 2: Financial Impact and Stock Performance - On May 21, 2025, VFC reported a significant decline in Vans' growth trajectory, with losses worsening from 8% in the previous quarter to 20% in the fourth quarter, indicating ongoing challenges [4]. - Following the announcement, VFC's stock price dropped 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: Legal Proceedings - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members, directing the litigation on behalf of the class [5]. - Any member of the putative class can apply to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [5]. Group 4: Call for Information - Faruqi & Faruqi encourages anyone with information regarding VFC's conduct, including whistleblowers and former employees, to contact the firm [6].
Steve Madden Is Back To Pre-Tariff Valuation Despite A Worse And Uncertain Outlook
Seeking Alpha· 2025-11-08 05:30
Group 1 - The investment strategy focuses on long-only investment, evaluating companies from an operational and buy-and-hold perspective [1] - The approach emphasizes understanding the long-term earnings power of companies and the competitive dynamics of their industries [1] - Most recommendations will be holds, indicating a cautious stance in a bullish market [1] Group 2 - The articles aim to provide important information for future investors while maintaining a healthy skepticism [1] - A very small fraction of companies are considered a buy at any point in time, highlighting a selective investment approach [1]
VFC DEADLINE: ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages V.F. Corporation Investors to Secure Counsel Before Important November 12 Deadline in Securities Class Action – VFC
Globenewswire· 2025-11-07 21:10
Core Points - Rosen Law Firm is reminding purchasers of V.F. Corporation securities of the lead plaintiff deadline on November 12, 2025, for a class action lawsuit related to securities purchased between October 30, 2023, and May 20, 2025 [1][2]. Group 1: Class Action Details - Investors who purchased V.F. Corporation securities during the specified class period 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 contacting Rosen Law Firm [3][6]. - The lawsuit alleges that V.F. Corporation's management provided materially false and misleading statements regarding the company's turnaround plans, particularly concerning the Vans brand [5]. Group 2: Legal Representation - 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 this area [4]. - The firm has achieved significant settlements for investors, including over $438 million in 2019 alone, and has been recognized for its performance in securities class action settlements [4].
Why Is Figs (FIGS) Stock Rocketing Higher Today
Yahoo Finance· 2025-11-07 21:05
What Happened? Shares of healthcare apparel company Figs (NYSE:FIGS) jumped 13.2% in the afternoon session after the company reported strong third-quarter financial results that significantly beat Wall Street's expectations. The healthcare apparel company's revenue grew 8.2% year-over-year to $151.7 million, exceeding analyst forecasts. This growth was complemented by a significant earnings beat, with adjusted earnings per share of $0.05, more than double the consensus estimate of $0.02. A key driver for ...