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Source. YCharts Investors have given up on the company based on a number of factors such as increased competition from bigger brands, bad press, reduced revenues, and increased preference of online shopping. Also, the company does not have proprietary products. As mentioned above, I believe VRA is undervalued. The mid-level handbag market is estimated to grow by between 5 and 6% in the next five years. This will create opportunities for the company. Also, as mentioned above, the company's online sales have lagged behind. The company can create value by boosting its online sales. Though the quarterly revenue, EPS, and EBITDA have reduced in the last few quarters, I believe the company can achieve a successful turnaround. While the revenues have declined from $154 million in Q4 2015 to $126 million in Q3, I believe the management have put in place measures to improve the turnaround. This is coupled with the company's financial position.
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President Barack Obama announced he had ordered the expulsion of 35 Russian diplomats suspected of being spies and imposed sanctions on two Russian intelligence agencies over their involvement in hacking U.S. political groups. The administration told Russian Ambassador to the United States, Sergei Kislyak, an hour before the decision was made public, one of the sources said. The phone calls between Flynn and Kislyak were first reported by Washington Post columnist David Ignatius. A Trump official confirmed one phone conversation between the two men on Dec. 29, and said their understanding was they did not discuss the sanctions. The three sources stressed to Reuters that they did not know who initiated the five calls between Flynn, a former three-star Army general who headed กระเป๋า mango ของแท้ the U.S. Defense Intelligence Agency under Obama, and Kislyak. Nor did they know the contents of the conversations, and declined to say how they learned of them. One source said there was nothing intrinsically odd or wrong about a Russian diplomat speaking to a member of Trump's team following the U.S. announcement.