The North Face, Jansport, 7 for All Mankind, Lee, among others including now Timberland and Smartwool announced their 3rd quarter financials today with a record-breaking 23% increase in revenues. This is an increase from $2,232.4 million in 2010 Q3 to $2,750 million in 2011. With the acquisition of Timberland (completed in September), added $163.6 million to the revenues totals.

Other results show that the Outdoor and Action Sports revenues increased 37% (including Smartwool and Timberland), and the Jeanswear category rose 8%–which is not a lot, but given the challenges in denim these days, is rather impressive. Interestingly, international jeans revenues increased 22% with more than 50% growth in Asia and double-digit gains in Europe, Latin America and Canada indicating that these American brands are hot especially in the Asian markets.

“The strength of VF’s diversified brand portfolio has never been more evident, said Eric Wiseman, Chairman and Chief Executive Officer. “These results – in this environment – clearly demonstrate that VF has the right brands and strategies for strong and sustainable long-term growth. Our businesses continue to post healthy and very profitable organic growth and the acquisition of Timberland further strengthens our portfolio with the addition of two outstanding outdoor brands.”

Other than the acquisition of Timberland, VF Corp announced that growth in the America’s rose 13% but the highpoint was international with an increase of 38%.

Other highlights include:
The North Face peaked to 22% growth and Vans to 25%.
Imagewear increased revenues by 14% fueled by strength in its Protective Apparel and Industrial uniform businesses. Licensed Sports Group revenues rose 11%, reflecting a pickup in its National Football League (NFL) licensed apparel business and positive response to an expanded women’s NFL apparel offering.
New stores comp store growth and higher e-commerce revenue drove 30%-plus growth in Contemporary Brands’ direct-to-consumer revenues during the quarter.
Revenue growth in India continues to be robust, rising 59% during the quarter.
Growth in Direct-to-Consumer Revenues grew 21%
Reflecting the Timberland acquisition and the fact that more than half of Timberland’s revenues on an annual basis are from international markets international revenues are now expected to grow by approximately 40% this year.

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