Curreen Capital Partners, LP on VF Corporation

Curreen views VF Corporation as a turnaround backed by valuable consumer brands including The North Face, Timberland and Vans. The company has repaired its balance sheet, improved capital allocation and rebuilt its management team. The fund believes VF still possesses good brands and the organizational capabilities required to manage them effectively. Curreen therefore sees an attractive upside-to-downside valuation if management succeeds in returning the company to growth.