Top 12 Luxury Clothing Stocks to Buy According to Hedge Funds

6. V.F. Corporation (NYSE:VFC)

Number of Hedge Fund Holders: 30

V.F. Corporation (NYSE:VFC) is a fashion company that owns and operates a range of brands in the apparel, outerwear, footwear, backpack, luggage, and accessories categories. Its brands include The North Face, Vans, JanSport, Timberland, Kipling, and more.

The company has strong fundamentals. Almost all of its brands grew stronger in fiscal Q3 2025 compared to the last quarter. Region-wise, the Americas delivered a strong quarter of improvement for the company, going positive for the first year in the past two years. The company’s wholesale channel was also positive on a global basis. In addition, V.F. Corporation’s (NYSE:VFC) revenue grew by 2%, along with a significant improvement in profitability.

Curreen Capital talked about V.F. Corporation’s (NYSE:VFC) operations in its fiscal Q4 2024 investor letter, saying that the company has a strong portfolio of brands and the potential to drive them to profitability. With reasonable dividend cuts and a new CEO, the company is on the path to growth. Here is what Curreen Capital said about the company in its Q4 2024 investor letter:

“Since then, the S&P has gone up strongly, while the ugly ducklings that we bought have largely remained out of favor, for longer than I would have expected. We continue to implement our investment strategy, paying attractive prices for good businesses that are increasing their value. This should be rewarded in the stock market over time, but lately that process has been particularly slow and uneven.

As another example, I would have expected both V.F. Corporation (NYSE:VFC)and Advance Auto to have performed well last year, as the company’s situations are similar, and both made good progress on their turnarounds. In each case, the fundamentals are solid or improving, and I would have thought that they all would rise.

VF Corp manages apparel brands, including Dickies, The North Face, Timberland, and Vans. Under its prior CEO, the company’s poor capital allocation (including overpaying for Supreme and maintaining a too-high dividend after spinning out Kontoor) forced it to pause its model of using excess free cash flow to acquire good brands and manage them well. The company has now cut its dividend (twice) to a reasonable level and brought on a new CEO who has a track record of successfully turning around businesses. I believe that the company has good brands, the skills to manage them well, and a management team that is righting the ship. VF Corp currently trades at an attractive upside-to-downside ratio.”