
Vans and The North Face-Owner VF Corp Sees Share Value Tumble
Summary
Today,VF Corporationshared its fourth quarter fiscal 2025 financial report, indicating that its net revenue for the quarter dipped to $2.1 billion USD. This sum comes courtesy of its ownership of brands such asThe North Face,Vans, andTimberland. The stock market responded to the news negatively as VFC's share price went from closing at $14.43 USD on Tuesday to closing at $12.15 USD today, a 15.80% drop in value.
Looking closer at the entities involved, The North Face was one winner, bringing in $834.5 million USD a 2% increase from its numbers at this time last year. Timberland came in with even better numbers, reporting a 10% increase to $376 million USD in net revenue. Where VF Corp lost its footing was withVansandDickies, with the former declining 22% to $492.6 million USD and the latter dropping 14% to a total of $139.3 million USD in net revenue. Regionally, the Americas and EMEA areas dropped 6% and 4% respectively when compared to last year while APAC remained steady. Moving forward, VF Corp has identified that it is well-positioned to handle the turbulence of tariffs with accelerated distribution during the 90-day pause, optimizing sourcing, and more strategies. Additional talking points within the report included evaluating its established priorities of cost savings, balance sheet improvements, 'fixing the US,' and pivoting the trajectory of Vans to a positive direction.
For more info, check out VF Corporation's officialreport.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
Leveraged Bitcoin Longs on Bitfinex Weakest Since December and It Could Mean Rally Time
Those who have followed financial markets for some time may have heard of contrary indicators. These metrics are often misleading at first glance – some appear positive but tend to signal a market downtrend, while others that seem negative mark price upswings. One such contrary indicator is leveraged bitcoin longs on the crypto exchange Bitfinex. Historically, the number of leveraged longs on the exchange has tended to slide during bull runs and rise during bearish trends. As of writing, the number of BTCUSD longs on Bitfinex had fallen to 47,691, the lowest since December, offering bullish cues for bitcoin, according to data source TradingView. The tally of longs peaked in the first half of April and has been declining since then, characterizing BTC's rapid recovery from around $75K to record highs of over $110K. "When Bitfinex Long Positions rise, the price tends to fall. When Long Positions drop, the price usually goes up," crypto analytics firm Alphractal said on X. Explaining the conundrum, Alphractal said that traders are typically wrong about the market direction. That leads to forced or discretionary liquidations, which drive the price in the opposite direction. "As long as Bitfinex Long Positions keep dropping, Bitcoin will continue to rise," João Wedson, CEO of Alphractal, noted. The chart shows the contrary nature of the BTCUSD longs on Bitfinex. Since 2021, every major BTC rally, including those seen in November-December last year and the latest one from early April lows, has coincided with the slide in BTCUSD longs on the exchange. On the other hand, BTC's bear trends, including the 2022 crash and the decline from $100K to $75K seen early this year, occurred as BTC/USD longs surged. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Hypebeast
4 hours ago
- Hypebeast
Sean Wotherspoon Links With Zellerfeld for 3D-Printed Footwear Line
American sneaker designer, vintage collector, store owner, and digital creatorSean Wotherspoonis celebrated for his pace-setting portfolio in sneaker culture and beyond. Following big-ticket collabs with the likes of adidas, Gap, and Porsche, the footwear aficionado is now launching Sean Double U, an all-new collection with 3D-printed shoe-makerZellerfeld. The line features two silhouettes: a sneaker made for movement, and a mule designed for ease.'Sean Double Uis about the different sides we all have,' saidWotherspoon. 'The sneaker is for motion. The mule is for slowing down. I wanted pieces that move with every version of you.' Both the sneaker and the mule are printed from a single recyclable material without glue, stitching, or factories; and to push the boundaries even further, each pair is custom-fitted through a straightforward foot scan. 'Most companies tell you what you cannot do,'Wotherspoonsaid. 'Zellerfeld built a stack where you design what you want, when you want. We could tweak a design in the morning and hold a prototype by the afternoon. That speed changes everything, not just for me, but for every designer who has ideas and nowhere to take them.' The Sean Double U Sneaker ($189 USD) and Sean Double U Mule ($149 USD) are now available to shop on Zellerfeld'swebstore. Each unit is made to order for each customer. See the designs in the gallery above.

Hypebeast
a day ago
- Hypebeast
Bjarke Ingels Proposes "Three-Dimensional Neighborhood" for Brooklyn's Gowanus Canal
Bjarke Ingels Grouphas unveiled the renderings for a 'three-dimensional neighborhood' as part ofBrooklyn's Gowanus Canal redevelopment plans. In place of a now-scrapped proposal unveiled in 2023, the reimagined development spans over one million sq ft, anchored by a public park designed by Fieldo Operations in collaboration with NYC Parks, and an internal stepped courtyard offering panoramic views of the New York City Skyline. BIG founder and architectBjarke Ingelsshared that the project at 175 Third Street is conceived as a 'three-dimensional neighborhood of building blocks stacked to frame a central park cascading down towards the canal waterfront.' 'The rational volumes are chiseled and chamfered, opening up the corners to create terraces, entrances, and outdoor spaces. The resultant architecture provides a plethora of niches for all forms of life – urban and intimate, public and private – within and around,' he added. The tower, consisting of terraced concrete blocks, was designed in collaboration with dencityworks | architecture and developers Charney Companies and Tavros. Culminating at 27 stories, the building will offer more than 1,000 residential units, as well as roughly 250 affordable housing options. According to Martin Voelkle of BIG the volumes are characterized by 'a series of purposeful shifts and chamfered corners' designed according to 'programmatic needs and the site's contextual zoning constraints.' Cascading into a descending U-shape, the building opens to the waterfront park linking 2nd and 3rd Streets. According toBrownstoner, the previous 2023 design, characterized by a more deconstructed, sculptural sensibility, was commissioned by previous owners RFR, who have since sold the property to the new developers for about $160 million USD in April. Part of the multi-acre 'Gowanus Wharf' revitalization, the building will be the 4th Gowanus project by Charney and Tavros. The four properties consist of over 2 million sq ft of new development. See the gallery above for a closer look at the proposed design.