LONDON, UK / ACCESSWIRE / January 16, 2018 / Active-Investors.com has just released a free research report on V.F. Corp. (NYSE: VFC). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=VFC as the Company's latest news hit the wire. On January 11, 2018, the Company declared that it has entered into a collaborative, strategic multi-year partnership with North Carolina State University to support student development at NC State and advance apparel and textiles innovation within VF. This announcement is just the start of a long-term engagement between VF and NC State, with many more initiatives to be announced in future. Register today and get access to over 1,000 Free Research Reports by joining our site below:
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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, V.F. Corp. most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
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Industry-Academia Partnership
VF Corp. is one of the largest apparel, footwear, and accessories companies, with a diverse portfolio of iconic lifestyle brands, such as Vans, The North Face, Timberland, Wrangler and Lee. The Company has socially and environmentally responsible operations, which span across numerous geographies, product categories and distribution channels.
NC State University, one of the world's top universities, is home to the only College in the United States devoted entirely to textiles.
The College of Textiles is the global leader in textile education, research, and service. The NC State produces more textile graduates per year than any other university in the country. It is the sought-after college for courses in textile and fashion design, product development, brand marketing, basic and applied science, as well as engineering. The textile complex has about 60 labs and studio spaces for the development of innovative products and services. Moreover, the College is located on the Centennial Campus, which is NC State University's nationally recognized, award-winning research campus.
NC State University Poole College of Management offers undergraduate and graduate degrees in accounting, business administration, and economics. The College offers an innovative approach to leadership and management education by emphasizing on analytical problem solving and an entrepreneurial mindset.
Agenda for the Partnership
VF Corp. has had a long-standing relationship with The College of Textiles. Through this new multi-year partnership, their relationship would be further strengthened by NC State's Poole College of Management, which is known for its expertise in business analytics and supply chain management. This new agreement adds structure to existing collaborations while creating new opportunities for students in both colleges. The objectives of the partnership agreement are as follows:
- Provide a variety of undergraduate and graduate education and training activities for students within the Colleges, such as internships, student projects and competitions;
- Facilitate industry-leading research to advance apparel and textile products and experiences;
- Offer executive education opportunities for VF associates;
- Set up a VF presence on Centennial Campus, which is NC State's nationally recognized research campus.
Partnership to Facilitate Opportunities for Apparel Innovation
- VF Corp. and NC State University intend to stimulate apparel innovation through their shared expertise in research and consumer insights. The addition of VF Corp. on campus would allow students and faculty from both the College of Textiles and Poole College of Management to work in collaboration with experts at VF Corp. to discover new avenues for advancing textiles, apparel and footwear.
- Besides, they also aim to develop a consistent pipeline of exceptional future leaders for VF Corp. In fact, numerous alumni of College of Textiles are already working as well as thriving at the Company.
- This partnership would also bring meaningful experiences as well as exposure for NC State students.
Stock Performance Snapshot
January 12, 2018 - At Friday's closing bell, V.F. Corp.'s stock marginally advanced 0.79%, ending the trading session at $77.80.
Volume traded for the day: 2.02 million shares.
Stock performance in the last month – up 7.27%; previous three-month period – up 20.73%; past twelve-month period – up 50.11%; and year-to-date - up 5.14%
After last Friday's close, V.F. Corp.'s market cap was at $30.65 billion.
Price to Earnings (P/E) ratio was at 32.30.
The stock has a dividend yield of 2.37%.
The stock is part of the Consumer Goods sector, categorized under the Textile - Apparel Clothing industry. This sector was up 0.3% at the end of the session.
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