Some interesting new shifts are taking place at VF Corporation, owners of The North Face, Timberland, Vans, and other brands. Steven E. Rendle, 55, has been appointed President & Chief Operating Officer at the company and has been elected to VF’s Board of Directors. He will report to Eric Wiseman, VF’s Chairman and Chief Executive […]
VF, owners of Vans, The North Face, Timberland, and Wrangler, among others, are working with IFC, a member of the World Bank Group to provide loans to 3 Bangladeshi garment factories under a new program for funding fire and building safety improvements. This is obviously a step in the right direction with transparency being a […]
VF Corp has announced their 3rd quarter earnings and once again, Outdoor and Action Sports segments including The North Face, Vans, and Timberland are leading the charge with overall revenues up 7% to $3.5 million. Other areas of growth include direct-to-consumer revenues up 16% and international revenues up 9%. “Our third quarter results validate our […]
When the tragic event of Bangladesh’s Rana Plaza building collapsed in April 2013, resulting in the deaths of more than 1,100 garment workers, the veil masking fashion’s dirty secrets was stripped away. Suddenly, people demanded to know what was going on with the garment industry and workers’ safety, people questioned conditions, fair wages, building safety, […]
VF Corporation released their Q2 financials today and the Outdoor and Action Sports segment of the conglomerate is leading the way. Overall, revenues were up 8% to $2.4 billion, with Outdoor and Action Sports up 16% overall. This included and 11% increase in The North Face® brand revenues, a 21% increase in Vans® brand revenues, […]
Today, April 2, 2013, Billabong again asked for a halt in trading while confirming that the two take-over bids are still in review and plans for a big announcement are to be made this week. The ongoing drama for the surf and action sports brand has been brutal. In January, VF and Altamont Capital Partners […]
The ongoing drama for the surf and action sports brand Billabong continues, now with this latest news that VF and Altamont Capital Partners have submitted a letter of interest to Billabong International Limited. From what we’ve counted, this is the 4th time a bid’s come in for Billabong, right on the heels of President Paul […]
On June 14, 2012, Vans, owned by VF Corporation, owners of The North Face, Reef, Wrangler, Lee, and others, outlined a a strategy to add $1 billion in revenues over the next five years. For the first time ever, the investor meeting was held at the House of Vans in Brooklyn, which raised the profile […]
Today, March 8, 2012, VF Corp announced that Lion Capital would be acquiring majority ownership in John Varvatos Enterprises, with Varvatos retaining an ownership position and title of Chairman and Creative Chief Officer. John Varvatos comes up in youth culture fashion not only for his reputation for creating rock-influenced designs, and his cool collaboration with […]
Clearly the acquisition of Timberland was a good thing, plus the Outdoor and Action Sports categories are popping for the conglomerate.