Key TakeawaysVF Corporation sold its Supreme streetwear brand to French eyeglass retailer EssilorLuxottica for $1.5 billion.VF CEO Bracken Darrell said the company's strategic portfolio review determined that selling Supreme was logical.The parent of Vans and North Face brands has been attempting a turnaround as it faced falling demand and too much inventory. VF Corporation (VFC) shares soared Wednesday after the struggling clothing retailer announced that Paris-based retailer EssilorLuxottica purchased it ...

Shares of Vans sneaker maker VF Corporation (NYSE:VFC) are 8.9% higher in premarket trading, following news that EssilorLuxottica agreed to acquire the company's Supreme brand by the end of 2024 in a $1.5 billion cash transaction.On track to open just below the $15.20 area, VFC could begin today's session at its highest level since early March. VF stock is also poised to reclaim support from long-term resistance at its 200-day moving average. Today's positive price action is a step in the right direction, a ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

EssilorLuxottica to Acquire Supreme® from VF Corporation Paris, France and Denver, CO (17 July 2024 – 8am CEST) - EssilorLuxottica, a global leader in the optical industry, and VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced that they have entered into a definitive agreement for EssilorLuxottica to acquire the Supreme® brand from VF for $1.5 billion in cash. Francesco Milleri, Chairman and Chief Executive Officer and Paul du Saillant, Dep ...

Inspired by the freedom, passion, and progression fostered in skateboarding, "Always Pushing" is a tapestry of content celebrating global skate crews and cultural catalysts developed in partnership with creative director ALEX/2TONE featuring music by Paris Texas WATCH "ALWAYS PUSHING":https://www.youtube.com/watch?v=RhKnkB0KQIoDownload Images: https://we.tl/t-GOMZ8GJ9D3COSTA MESA, Calif., July 16, 2024 /PRNewswire/ -- Ask any skater: the good stuff happens when you push the limits in pursuit of progression. ...

AnthonyRosenbergIntroduction Most companies we discuss in my articles are "low-drama" dividend growth stocks, the kind of investments that, theoretically speaking, give us the best shot at beating the market with a favorable risk/reward profile. As we can see below, between 1973 and 2023, Nuveen found that consistent dividend growers beat the market with subdued volatility. In other words, higher returns with lower risks. That sounds almost too good to be true. NuveenThat said, this article isn't about ...

Designed by OTW by Vans in partnership with PLAYLAB, INC. and California Skateparks, the installation's large-scale skate bowl played host to a live skate exhibition paying tribute to the unconventional art derived from skate culture. Vans Skate Team from around the world including Efron Danzig, Curren Caples, Mami Tezuka, Tania Cruz, Elijah Berle, Diego Todd, Martino Cattaneo, Stafhon Boca, Anthony Van Engelen, Rowan Zorilla, Hugo Westrelin, and Willow Voges Fernandes jammed the installation throughout the ...

It has been about a month since the last earnings report for V.F. (VFC) . Shares have added about 16.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is V.F. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. V.F. Corporation Posts Q4 Loss, Revenue Miss EstimatesV.F. Co ...

V.F. (VFC) closed at $13.67 in the latest trading session, marking a -1.01% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.25%. Elsewhere, the Dow saw an upswing of 0.15%, while the tech-heavy Nasdaq appreciated by 0.03%.Shares of the maker of brands such as Vans, North Face and Timberland have appreciated by 12.09% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 0.82% and the S&P 500's gain of 3.34%.The investment comm ...

文章核心观点 - 公司股价在最新交易日上涨1.92%,超过标普500指数的0.85%涨幅 [1] - 过去一个月公司股价上涨5.29%,优于消费品行业0.59%和标普500指数3.11%的涨幅 [2] - 公司即将发布的财报中,预计每股收益将下降133.33%,收入将下降11.3% [3] - 全年预计每股收益和收入分别增长14.86%和下降2.61% [4] - 分析师预测的公司业绩数据近期有所下调 [5][6][7] - 公司当前市盈率高于行业平均水平 [8][9] 行业概况 - 公司所属的纺织服装行业目前在250多个行业中排名前25% [10][11] - 该行业属于可选消费品行业 [10]