Yes, you should update ves_tempcp extension too (it was updated js and theme settings in admin).
About the content slider on homepage. I actived the slider “Demo” in your site for you. Please config it in admin > System > Configuration > Ves Content Slider
About the caret of parent menu item. Please try to add custom css code in ves theme control panel in admin:
border-top: 4px solid black;
border-right: 4px solid transparent;
border-left: 4px solid transparent;
border-bottom: 0 dotted;
Also you should set permission 0777 for the file public_html/skin/frontend/default/ves_fashion/css/local/custom.css