NEW YORK, March 16, 2017 /PRNewswire/ --
Today's research on Stock-Callers.com draws investors' attention to four Textile Apparel Clothing stocks, which are: V.F. Corp. (NYSE: VFC), Naked Brand Group Inc. (NASDAQ: NAKD), Vince Holding Corp. (NYSE: VNCE), and Columbia Sportswear Co. (NASDAQ: COLM). According to an article on Euler Hermes, the outlook for the Textile and Clothing (T&C) sector this year is less grim compared with 2016. T&C producer prices are forecasted to rise 0.5% in 2017 in the US and China, and by 1.5% in 2018 for the latter. As a result, exports should climb by 3.5% to $925 billion, if no major occurrence upends international trade. Learn more about these stocks by downloading their comprehensive and free reports at:
On Wednesday, shares in Greensboro, North Carolina headquartered V.F. Corp. climbed 1.16%, ending the day at $53.88. The stock recorded a trading volume of 4.02 million shares, which was above its three months average volume of 3.99% million shares. The Company's shares have advanced 7.79% in the last one month and 1.81% since the start of this year. The stock is trading above its 50-day moving average by 4.50%. Moreover, shares of V.F. Corp., which engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products in the Americas, Europe, and Asia/Pacific, have a Relative Strength Index (RSI) of 64.01.
On February 17th, 2017, V.F. Corp. reported that Q4 2016 revenue was in-line with last year's fourth quarter at $3.3 billion. The Company's gross margin improved 90 basis points to a record 49.1% on a reported basis. V.F. Corp's earnings per share on a reported basis were down 33% to $0.63 for Q4 2016 compared to $0.94 during Q4 2015.
On February 22nd, 2017, research firm Morgan Stanley upgraded the Company's stock rating from 'Underweight' to 'Equal-Weight'. VFC complete research report is just a click away and free at:
Shares in New York headquartered Naked Brand Group Inc. ended the day 13.08% lower at $2.26. A total volume of 2.19 million shares was traded, which was above their three months average volume of 1.67 million shares. In the previous three months and since the start of this year, the stock has surged 123.76% and 126.00%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 15.21% and 47.73%, respectively. Furthermore, shares of Naked Brand, which designs, manufactures, and sells men's and women's underwear, intimate apparel, loungewear, and sleepwear products in the US and Canada, have an RSI of 49.44.
On March 10th, 2017, Naked Brand announced that it has entered into Amendment No. 2 to the Letter of Intent, dated December 19th, 2016, as amended on February 10th, 2017, entered into by Naked Brand and Bendon Limited in connection with the previously announced proposed business combination. As contemplated by the Amendment, Naked brand will now merge with and into a wholly-owned subsidiary of a newly formed Australian holding company which will be the ultimate parent company of Bendon and Naked Brand. The complimentary report on NAKD can be downloaded at:
At the close of trading on Wednesday, shares in New York-based Vince Holding Corp. edged 3.57% higher, finishing at $1.45 with a total trading volume of 143,286 shares. The stock is trading below its 50-day moving average by 45.01%. Shares of the Company, which engages in the design, merchandise, and sale of various contemporary fashion brand products in the US and internationally, have an RSI of 26.61.
On February 13th, 2017, Vince Holding announced that the Company and Vince Founders, Rea Laccone and Christopher LaPolice, have mutually agreed to end their consulting arrangements based on the progress achieved in resetting the brand. Sign up for your complimentary research report on VNCE at:
Portland, Oregon headquartered Columbia Sportswear Co.'s shares recorded a trading volume of 238,001 shares at the end of yesterday's session. The stock closed the day 1.91% higher at $57.19. The Company's shares are trading above their 50-day and 200-day moving averages by 2.98% and 0.61%, respectively. Additionally, shares of Columbia Sportswear, which designs, sources, markets, and distributes outdoor and active lifestyle apparel, footwear, accessories, and equipment in the US, Latin America, Asia/Pacific, Europe, Middle East, Africa, and Canada, have an RSI of 59.13.
On March 06th, 2017, Columbia Sportswear announced the appointment of industry veteran Joe Vernachio to serve as President of its Mountain Hardwear® brand, effective April 03rd, 2017. In his new role, Joe will be based at Mountain Hardwear's headquarters in Richmond, California, where he will lead all aspects of Mountain Hardwear's global brand positioning, go-to-market strategies, and execution across all distribution channels. Get free access to your research report on COLM at:
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