First quarter revenue increased 3 percent or 7 percent in constant dollars to 2.3 billion dollars at VF Corporation, driven by increases in the EMEA and Americas regions partially offset by a decline in the APAC region primarily due to COVID lockdowns in China. Commenting on the results, Steve Rendle, chairman, President and CEO of VF said: “We...
4 Aug 2022
VF Corporation’s first quarter revenue of 2.3 billion dollars, was up 3 percent or 7 percent in constant dollars with big four brands up 2 percent or 6 percent in constant dollars and the balance of the portfolio up 9 percent or 16 percent in constant dollars. VF is maintaining its currency adjusted FY23 outlook while revising its earnings...
29 Jul 2022
VF Corporation’s fourth quarter revenue of 2.8 billion dollars, rose 9 percent or 12 percent in constant dollars. Earnings per share of 21 cents, increased 32 percent; while adjusted EPS of 45 cents, was up 67 percent. Full year revenue of 11.8 billion dollars, increased 28 percent or 27 percent in constant dollars. Excluding acquisitions,...
20 May 2022
The VF Foundation, the philanthropic arm of VF Corporation, has released its second Impact Report, detailing the initiatives the organisation has carried out and the positive impact it has left in its path. In the report, VF said that it has positively impacted more than three million people in 73 countries and provided grants to support 91...
14 Apr 2022
VF Corporation has appointed Kevin Bailey to the position of global brand president, Vans. Bailey will continue reporting to VF’s chairman, president and CEO, Steve Rendle and serve on the company’s executive leadership team. “Kevin brings a deep level of knowledge and understanding of the Vans brand, its consumer, and the global business to...
18 Mar 2022
Third quarter revenue at VF Corporation increased 22 percent, also up 22 percent in constant dollars to 3.6 billion dollars. Excluding the impact of acquisitions, the company said, revenue increased 15 percent or 16 percent in constant dollars driven by the EMEA and North American regions, which experienced a negative impact from Covid-19 in the...
28 Jan 2022
VF Corporation has announced that it has appointed Nicole Otto to the position of global brand president, The North Face. Otto, the company said in a release, joins VF following a successful 16-year career at Nike and will succeed Steve Murray, who is retiring and returning to the UK. The leadership transition will be effective June 2022. Otto...
11 Jan 2022
KIPLING® launches sustainable limited-edition capsule collection made from deadstock designed by Redress Design Award alumna, Beatrice Bocconi Following successful partnership between Redress and VF Corporation for the Redress Design Award 2019 Made For Change Challenge in Hong Kong, Redress and Kipling® organised their first competition amongst...
7 Dec 2021
VF Corporation has appointed Nina Flood as president of Global Packs. Global Packs brings together Eastpak, JanSport and Kipling. Flood will be based in the VF International headquarters in Switzerland, reporting to Martino Scabbia Guerrini, executive vice president and president of EMEA. “Nina’s previous experience as President of Eastpak and...
1 Dec 2021
Leaders of the fashion industry came together for the 26th Pambianco-PwC Fashion Summit, entitled ‘The fashion industry and new paradigms’, hosted in Milan. Participants from the likes of Gucci, Zalando and Moncler took to the stage of the Italian Stock Exchange, covering subject matters from digital acceleration to research priorities, in...
18 Nov 2021
Fashion conglomerate VF Corporation has published its third annual Inclusion, Diversity, Equity and Action Profile, outlining progress, benchmarks and new goals by the company and defining key strategic pillars. The group, which oversees the likes of Vans, The North Face and Timberland, has previously stated two representation goals that have...
16 Nov 2021
Apparel conglomerate VF Corporation has published its latest Made for Change sustainability and responsibility report, outlining the progress it has made towards commitments surrounding its “science-based targets”. In its fourth report, the firm focuses on three primary themes: people, planet and product, looking at everything from worker...
28 Oct 2021
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