Saks Global vs VF Corporation

Rent the Runway Appoints Paige Thomas as CEO

Rent the Runway has promoted Chief Commercial Officer Paige Thomas to CEO, effective Monday. Thomas, a Nordstrom alum, succeeds interim CEO Teri Bariquit, who becomes non-executive board chair. The announcement came as the company released Q2 results showing sales growth and narrowed losses. Total revenue rose nearly 21% year-over-year to $97.7 million, while active subscribers declined to 140,826. Gross margin expanded to 36.1%, and net loss shrank to $12.9 million. Thomas aims to accelerate the company's transformation rather than change direction.

• Paige Thomas promoted to CEO of Rent the Runway, effective Monday.
• Teri Bariquit, former interim CEO, appointed non-executive board chair.
• Q2 total revenue rose nearly 21% year-over-year to $97.7 million.

10-Q Financial Filing Analysis for VF Corporation (2026-07-29)

VF Corporation reported its Q1 Fiscal 2027 financial results for the quarter ended June 27, 2026, generating revenue of $1.67 billion, down 5.2% year-over-year. The top-line decline was primarily driven by the divestiture of the Dickies brand in November 2025 (a 6% headwind) and continued softness in the Active segment (down 5% to $667.3 million), partially offset by 5% revenue growth in the Outdoor segment ($857.0 million) led by The North Face and Timberland. Gross margin expanded 100 basis points year-over-year to 54.9%, supported by price discipline, lower product costs, favorable mix, and the absence of lower-margin Dickies operations. Operating loss narrowed to $83.1 million from $86.6 million in the prior-year period, while net loss improved to $97.2 million ($0.25 per diluted share) from $116.4 million ($0.30 per share), supported by a $16.5 million reduction in net interest expense following debt repayments and lower transformation expenses under the Reinvent program.

• Q1 FY27 consolidated revenue reached $1,669.4 million, down 5.2% year-over-year, reflecting a 6% drag from the Dickies divestiture, while Outdoor segment revenue grew 5.5% to $857.0 million.
• Gross margin improved 100 bps to 54.9%, and consolidated net loss narrowed to $97.2 million ($0.25 per share) compared to a loss of $116.4 million ($0.30 per share) in Q1 FY26.
• The company received $49.0 million in cash during the quarter related to invalid IEEPA tariff refunds, holding an outstanding refund receivable of $100.8 million as of June 27, 2026.

VF Corporation News Roundup: FY26 ESG Report, Q1 FY27 Results, and Brand Collaborations

VF Corporation's news page features several new announcements, including the release of its FY26 Environmental & Social Responsibility Report (Sep 23, 2026), Q1 FY27 results delivered ahead of guidance (Jul 29, 2026), and brand collaborations such as Timberland x Jacquemus and Vans x Netflix.

VF Corporation News Page Update

The news page now features a new featured story about The North Face's Fifth Ave flagship store with VF CEO Bracken Darrell, and includes recent press releases about Q1 FY2027 results, earnings dates, and the completion of the Dickies sale.