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Advantage Solutions currently trades at an attractive upside-to-downside ratio. Credit Acceptance's management allocates free cash flow to growing the business and repurchasing shares at attractive prices. Enhabit has historically earned high returns on capital and grew both organically and through acquisitions.
Two iconic brands come together to celebrate existence outside the norm with summer capsule FORT COLLINS, Colo. , July 24, 2024 /PRNewswire/ -- Fat Tire, a crisp, easy-drinking beer, sustainably brewed with premium ingredients, and Vans announced today a collaboration that takes the iconic Vans Checkerboard pattern "Off The Wall" and onto the can of Fat Tire for limited edition packaging as well as an exclusive summer merchandise.
V.F. Corp's (VFC) decision to sell Supreme fits into its broader strategy of refining its portfolio to enhance alignment and operational efficiency across its business model.
V.F. Corporation VFC announced it entered into an agreement to sell its Supreme brand to EssilorLuxottica for $1.5 billion in cash.
VF Corporation (VFC) shares soared Wednesday after the struggling clothing retailer announced that Paris-based retailer EssilorLuxottica purchased its Supreme streetwear brand for $1.5 billion in cash.
CNBC's Jim Cramer delivers his daily Mad Dash.
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.
Vans and North Face owner VF Corp (NYSE:VFC, ETR:VFP) has agreed to sell its Supreme streetwear brand to Italo-French sunglasses maker EssilorLuxottica for $1.5 billion. VF, which also owns brands such as Timberland, Dickies and Eastpak, bought Supreme from its founders for $2.1 billion in 2020.
VF Corp.'s stock VFC, +6.68% rose 1.3% early Wednesday, after the Vans parent said it's entered an agreement with French branded lifestyle and accessories maker EssilorLuxottica EL, -4.40% to sell its Supreme skating brand for $1.5 billion in cash. “We see an incredible opportunity in bringing an iconic brand like Supreme into our company,” said Francesco Miller, CEO of EssilorLuxottica along with Paul du Saillant, deputy CEO, in prepared remaks.
EssilorLuxottica to Acquire Supreme ® from VF Corporation