V.F. Corporation (NYSE: VFC) is a global apparel company based in the United States. V.F. designs and manufactures a variety of apparel and footwear. Some of V.F.'s brand names include: Wrangler, Lee Jeans, JanSport, The North Face, SmartWool, Timberland, and Nautica. The company hit a 52-week high of $204.94 on Friday, September 20, 2013. The stock of the company gained momentum after announcing their initiatives and strategies to enhance its performance amid a soft economic scenario.
Recently the company announced the opening of three global innovation centers to concentrate on developing revolutionary product innovation in technical apparel, footwear and jeans. The stocks also reflect the positive earning momentum of the company. In the past 10 quarters V.F. has outperformed expert expectations by an average 7.5%. Based on its current growth and a good focus on further brand development I think this company is well poised for long term growth.
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