Class action lawsuits were filed against V.F. Corporation and its executives on September 17, 2025, alleging violations of federal securities laws. The lawsuits claim that VFC made false and misleading statements regarding the turnaround of its Vans brand.
The complaints reference VFC's fourth-quarter fiscal 2025 results, released on May 21, 2025, which showed a significant decline in Vans' growth trajectory, with a 20% loss in the fourth quarter compared to an 8% loss in the prior quarter.
The lawsuits allege that VFC attributed a substantial portion of this decline to 'deliberately reduced revenue to eliminate unprofitable or unproductive businesses' and 'additional set of deliberate actions' that were previously unannounced. It is further claimed that even without these deliberate actions, Vans would have experienced a 'high single digit' revenue decline, suggesting a slowdown irrespective of management's stated initiatives.
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