VF Corp

PVH Corporation (PVH) has a market cap of $8.5 billion. It fell 0.08% to close at $105.94 per share on November 30, 2016.

Ralph Lauren (RL) reported fiscal 2Q17 net revenues of ~$1.8 billion, a fall of 7.6% compared to net sales of ~$2.0 billion in fiscal 2Q16.

Hanesbrands updated its 2016 full-year outlook while reporting its third quarter results.

As in the last several quarters, VF’s (VFC) international business remained firm during the third quarter.

PVH Corporation (PVH) has a market cap of $8.9 billion. It rose 3.6% to close at $110.50 per share on September 30, 2016.

In fiscal 2016, Nike reported revenue of $32.4 billion—a rise of 5.9% year-over-year. The company’s gross profit margin rose by 0.43% in fiscal 2016.

Despite a decline in earnings, Ralph Lauren continues to hold $1.2 billion in cash and short-term investments on its balance sheet.

PVH (PVH) rose by 2.1% to close at $98.63 per share at the end of the third week of June 2016.

PVH Corporation (PVH) has a market cap of $7.8 billion. It fell by 0.58% to close at $96.65 per share on June 10, 2016.

Phillips-Van Heusen (PVH) posted $1.9 billion in revenue for fiscal 1Q16. That’s a 2.1% YoY increase on a GAAP basis.

PVH Corp. (PVH) registered a 2.1% year-over-year increase in its top line in fiscal 4Q15, which ended January 31, 2016, to $2.1 billion.

Ralph Lauren’s long-term strategies include expanding global presence, extending direct-to-consumer reach, and expanding apparel and accessory portfolio.

Ralph Lauren’s (RL) advertising programs are created and executed through the company’s in-house creative and advertising organization.

Ralph Lauren earns royalties from licensing the use of its trademarks or the right to operate stores to third parties for apparel, eyewear, and fragrances.

In retail, Ralph Lauren operated 143 Ralph Lauren stores, 64 Club Monaco stores, and 259 factory outlets at the end of fiscal 2015.

Ralph Lauren was founded by Ralph Lauren in 1967 and offers apparel, accessories, home products, and fragrances under several well-known brand names.

The Fidelity Series All-Sector Equity Fund was founded in October 2008 and has an expense ratio of 0.67%. Shares of this fund are offered only to certain other Fidelity funds.

Under Armour (UA) anticipates higher inventory growth over the next few quarters. It has made a number of changes on the inventory and supply chain side.

NIKE is working to improve its profitability, as its margins trail industry peers such as Lululemon Athletica (LULU) and VF Corporation (VFC).

Under Armour’s (UA) international operations are among its fastest-growing businesses.

In fiscal 2015, Nike derived ~55% of its sales from overseas markets—18.7% from Western Europe, 12.7% from Emerging Markets, and 10% from Greater China.

Nike sales growth was fueled by new store openings, higher store comps, and growth in the e-commerce channel.

The company’s three major brands—The North Face, Vans, and Timberland—all reported double-digit growth rates in the quarter.

VFC’s total annualized returns to shareholders appear among the most consistent within its peer group for one-year, three-year, and five-year time periods.

The North Face became VFC’s first brand to achieve $2 billion in sales in 2013. Timberland revenues are expected to come in at ~$1.7 billion in 2014.

VFC’s marketing dollars are designed to get the most returns from its stores, other retailers (wholesale customers), and its e-commerce websites.

Products sold under the Calvin Klein banner had gross revenue of $7.8 billion in 2013. Of the revenue, PVH reported $2.8 billion.

VFC manufactures ~27% of its products in facilities operated by the company. The company owns 28 manufacturing facilities.

For fashion and apparel firms, inventory management, or tracking inventory levels, is critical. Inventory levels signify whether products are in demand or not.

NIKE plans to grow DTC revenues to $8 billion by fiscal 2017, including e-commerce revenues of $2 billion. E-commerce grew 65% in 2Q15 to ~$205 million.

LULU’s global store count was estimated at 289 at the end of 3Q15. Stores are company-owned, with most located in the US (201) and Canada (57).

LULU’s sale through wholesale channels is much lower than its competitors VF Corporation, NIKE, and Under Armour. This is why LULU’s margins are higher.

Manufacturer base: There were about 35 manufacturers producing the company’s products as of the fiscal year ending February 2, 2014.

In this series, we’ll provide an overview of Lululemon Athletica, its financials (including its latest quarterly results), and its strategies.