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VF Corp.'s (VFC) first-quarter earnings rose 26% as the premium-brand apparel maker's margins improved amid higher revenue, particularly from the company's outdoor and action-sports segment.Based on slightly stronger-than-expected first-quarter profit, the company raised its full-year adjusted earnings guidance by five cents and now expects per-share earnings of $10.75, while reiterating its forecast for a 6% rise in revenue to $11.5 billion.VF, whose clothing brands include North Face, Wrangler and Nautica, has seen increased revenue for over three years as its 2011 acquisition of the footwear company Timberland Co. contributed to strong outdoor and action-sports segment sales.VF reported a profit of $270.4 million, or $2.41 a share, up from $215.2 million, or $1.91 a share, a year earlier. Excluding items such as acquisition costs, adjusted earnings rose to $2.43 a share from $1.94. Revenue rose 2.2% to $2.61 billion.Analysts polled by Thomson Reuters recently forecast earnings of $2...
Takeover target Billabong International Ltd. (BBG.AU) Friday shocked the market with a gaping net loss and a fresh warning on future earnings that will test the appe...
VF Corp.'s (VFC) fourth-quarter earnings rose 30% as the premium-brand apparel maker's margins improved despite slower-than-expected revenue growth.The company also ...
VF Corp posted a higher-than-expected quarterly profit and forecast a strong year ahead on Friday, saying demand for its flagship clothing brands like The North Face...
VF Corp.'s (VFC) fourth-quarter earnings rose 30% as the premium-brand apparel maker's margins improved despite slower-than-expected revenue growth.The company also ...
Altamont Capital Partners has tapped a former chief executive of sunglasses maker Oakley Inc. to join its 526.8 million Australian dollar (US$555.8 million) bid with...
Asia stocks moved higher Tuesday, although the extent of the gains varied across the region, with Japanese stocks the outperformers after another bout of yen weaknes...
VF Corp. and Altamont Capital Partners on Monday said they submitted a buyout offer for Billabong that values the Australian surf brand at about $1.16 a share, or $5...
Billabong International Ltd. (BBG.AU) said Monday it had received a 526.8 million Australian dollar (US$556 million) offer from a consortium involving U.S. clothing ...
Billabong International Ltd. (BBG.AU) said Monday it had received a 526.8 million Australian dollar (US$556 million) offer from a consortium involving U.S. clothing ...
Alan Brochstein Takes a Look at Shoe Stores I have a confession: I hate to shop for clothes. In fact, except for groceries and wine, I don't like to go to any stores...
Nike Inc. (NKE) said it agreed to sell its Umbro brand to Iconix Brand Group Inc. (ICON) for $225 million, a discount to its acquisition price in 2008.The athletic-g...
Lee and Wrangler jeans parent VF Corp. shares fell on Monday after its growth rate in China and Europe slowed down from the second quarter and its North Face label r...
VF Corp. said Friday first-quarter net income rose to $270.4 million, or $2.41 a share, from $215.2 million, or $1.91 a share, a year earlier. The company said adjus...
A consortium led by Sycamore Partners on Tuesday closed in on struggling surfwear retailer Billabong International Ltd. (BBG.AU) with a takeover bid that keeps the A...
Australian surfwear retailer Billabong International Ltd. (BBG.AU) Tuesday said it has begun exclusive bid talks with a consortium led by private equity firm Sycamor...
Two U.S. consortia competing to acquire surfwear retailer Billabong International Ltd. (BBG.AU) have lowered their bids from an initial 526.8 million Australian doll...
Australian surfwear retailer Billabong International Ltd. (BBG.AU), at the center of a takeover tussle between two U.S. consortia, said Thursday it is investigating ...
Shares in Australian surfwear brand and takeover target Billabong International Ltd tumbled more than 20 percent to an all-time low on Thursday amid concerns about t...
U.S. consortiums vying to acquire Australian surfwear retailer Billabong International Ltd. (BBG.AU) have been set a March 28 deadline to make final bids, a person f...