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VF reaffirms full year EPS outlook

For the third quarter, VF Corporation revenues were down 3 percent on current exchange and up 3 percent in constant dollars to 3.5 billion dollars. The company’s earnings per share (EPS) were down 1 percent to 1.31 dollars, while adjusted EPS declined 17 percent to 1.12 dollars. Commenting on the third quarter trading, Benno Dorer, VF’s interim...

8 Feb 2023

Fashion |In Pictures

Vans and Timberland debut their first-ever collaboration

VF Corp brands Vans and Timberland are launching their first-ever collaboration featuring a brand-new silhouette that’s half skate shoe and half boot. The ‘Vans Skateboarding x Timberland Half Cab Hiker’ combines Vans’ storied skate shoe, the ‘Half Cab,’ first released in 1992, which is currently celebrating its 30th anniversary, with Timberland...

13 Dec 2022

BusinessFeatured

VF's Q2 sales decline, cuts earnings outlook

For its second quarter, VF Corporation reported revenue of 3.1 billion dollars, declined 4 percent and increased 2 percent in constant dollars with big four brands down 5 percent or up 1 percent in constant dollars and the balance of the portfolio up 4 percent or 13 percent in constant dollars. For the first six months, revenue of 5.3 billion...

27 Oct 2022

BusinessFeatured

VF Corp lowers FY23 forecast, announces five-year growth plan

US fashion company VF Corporation has lowered its forecast for the current business year and presented its strategy for the next five. For the 2023 financial year, VF Corp, which owns brands such as The North Face and Vans, now expects sales growth to between 5 percent to 6 percent. Its previous guidance, given when it released its first-quarter...

28 Sept 2022

BusinessFeatured

VF's Q4 sales increase 9 percent, earning jump

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

Fashion |In Pictures

Vans teams up with surfers Alex Knost and Lee-Ann Curren

Action sports brand Vans has launched a “mindfully-made collection for everyone” with surfers Alex Knost and Lee-Ann Curren. The genderless head-to-toe offering has been inspired by ‘90s surf ads, colour palettes, old films, concert screen prints, and album covers, with an emphasis on individuality and inclusivity. The hero piece is the Colfax...

12 Apr 2022

People

VF names Kevin Bailey as global brand president of Vans brand

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

Fashion

Vans celebrates International Women’s Day with creator-led campaign

Footwear brand Vans has revealed an artist-first brand campaign to tell the stories of international creators through commissioned work. The ‘These Projects Are Ads for Creativity’ campaign looks to uplift female voices and communities, shown through the work of three featured projects that each honour the individual behind the work. “Above all...

8 Mar 2022

Fashion

Vans is Proud to Celebrate International Women’s Day With the ‘Divine Energy’ Collection

Supporting and empowering women around the world Costa Mesa, CALIF. – Vans, the original action-sports brand and icon of creative expression, is proud to announce the launch of the "Divine Energy" Collection, in celebration of International Women’s Day. International Women’s Day is a global event celebrating the social, economic, cultural, and...

22 Feb 2022

BusinessFeatured

VF Corporation releases updated inclusion and diversity profile

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

Fashion |In Pictures

Vans collaborate with rapper Tierra Whack and stylist Shirley Kurata

Vans have unveiled an exclusive footwear and apparel collaboration with rapper Tierra Whack and her longtime stylist Shirley Kurata, launching in December. The Vans x Tierra Whack collection blends a “radical and colourful take on 1980s style” with key elements of Vans brand heritage and the rappers “irreverent approach” to fashion and music....

11 Nov 2021

Fashion |In Pictures

Vans and Napapijri join forces for limited-edition collection

Action sports footwear and apparel brand Vans is teaming up with outdoor fashion brand Napapijri on a limited-edition head-to-toe capsule collection that “marries form and functionality, designed with style and purpose”. The footwear and apparel collection features unisex pieces that have been “reimagined with purpose” and brought to life using...

2 Nov 2021