VF Corp's e-commerce performance reflects brand intangible strength despite wholesale struggles.
VF Corp announced that Steve Rendle (currently President and COO of VF Corp) will succeed Eric Wiseman as CEO in January of 2017. Wiseman will remain on as Executive Chairman. We see no change to our $74 fair value estimate, wide moat, or Exemplary stewardship ratings as we have long held that VF Corp has a deep bench of talent that is carefully developed to prepare for advancement. Rendle has more than 30 years of experience in the specialty outdoor and action sports industry; 16 of which has b...VF is an apparel and footwear company. The company designs, produces, procures, markets and distributes a variety of lifestyle products, including outerwear, footwear, occupational and performance apparel, jeanswear, backpacks and luggage for consumers of all ages. Products are marketed primarily under the company-owned brand names. The company's segment comprised of: Outdoor, which includes performance-based and outdoor apparel, footwear and equipment; Active, which includes active apparel, footwear and accessories; Work, which consists of work and work-inspired lifestyle apparel and footwear and occupational apparel; and Jeans, which markets denim and related casual apparel products.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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