Posts tagged as VF

  • Monday, December 1st 2014

    VF may acquire Puma

    by Markus Huber

    Analysts are discussing the pros and cons of a possible takover of Puma by VF Corporation, the owner of brands such as The North Face, Timberland, Wrangler, Eastpak, Jansport and many more. Last month, there were already rumors that the French Kering group may want to put Puma on the block after a few years of […]

  • Sunday, July 20th 2014

    VF enjoys strong growth across all regions and all brands

    by Markus Huber

    VF Corporation, the parent company of brands such as Timberland, The North Face, Vans, Eastpak, Jansport, Kipling, Smartwool and others, has issued fantastic figures for the second quarter of its 2014 financial year. Total sales rose by 8 percent to $2.4 billion compared with last year’s period. The outdoor & action sports division which comprises TNF, Timberland, Vans and other […]

  • vf_q1

    Monday, April 28th 2014

    Following strong Q1, VF optimistic for the year


    VF Corporation, owner of brands such as Vans, The North Face, Timberland, Eastpak and many more, improved its total sales by 6.5 percent to $2.8 billion for the first quarter (March 29) compared with the previous year. The results were again marked by a strong performance from the outdoor & action sports coalition, which increased […]

  • Wednesday, April 9th 2014

    VF announces major reshuffle of top management

    by Markus Huber

    Steve Rendle, a driving force behind The North Face’s success in North America, has been named senior vice president of TNF’s parent company, VF Corporation, for the Americas. The newly created role comprises outdoor & action sports, jeanswear, sportswear and all other branches of the Greensboro, North Carolina-based group. Since 2011, Rendle served as chief […]

  • Tuesday, October 22nd 2013

    Vans continues to drive VF’s turnover

    by Markus Huber

    In its third quarter, VF Corporation, the owner of brands like The North Face, Jansport, Eastpak, Timberland and many more, increased its turnover by 5 percent to $3.3 billion compared with last year’s period. Operating profits were up by 6 percent to $582 million, net income soared by 11 percent to $436 million. The Outdoor […]

  • Monday, August 26th 2013

    VF to create three global innovation centers

    by Markus Huber

    VF Corporation, the North Carolina-based firm that owns brands such as The North Face, Vans, Kipling, Nautica, Eastpak, Lee, Wrangler, Eagle Creek, Jansport and others, has announced it plans to establish three global innovation centers. The investment follows the group’s new corporate strategy to increase performance through technological innovation. The three new centers – described […]

  • Monday, July 22nd 2013

    TNF and Vans continue to drive VF’s sales

    by Markus Huber

    In its second quarter, VF Corporation managed to increase its total sales by 4 percent to $2.2 billion, while operating profits were up by 22 percent to $206 million. The gross margin improved to 48.5 percent from 46.1 percent in the second quarter of 2012. The promising figures were again driven by the group’s Outdoor […]

  • Tuesday, June 4th 2013

    Billabong ends takeover talks

    by Markus Huber

    The board sports company has dismissed the option of a takeover by either of the two consortia with which it has been in extensive talks for weeks. Neither Paul Naude, former chief of Billabong in the U.S. and private equity firm Sycamore Partners on the one hand nor VF Corporation and Altamont Capital Partners on […]

  • Monday, April 29th 2013

    Margins improve strongly at VFC


    The revenues of VF Corporation went up by only 2 percent in the first quarter ended March 31, hitting $2,582 million, due to delayed shipments of spring/summer merchandise and a tough comparison with the strong first quarter of 2012. However, the group’s gross margin rose by 2.4 percentage points to 48.1 percent, setting a new […]