VANS news and archive

VF Q1 loss widens, revenues drop 8 percent

VF Corporation’s first quarter revenue of 2.1 billion dollars, was down 8 percent with the big four brands down 11 percent and the balance of the portfolio up 7 percent. The North Face revenue of 0.5 billion dollars, was up 12 percent, while Vans brand revenue of 0.7 billion dollars, was down 22 percent. The company’s loss per share of 15 cents,...

Fashion Featured

Vans unveils new premium label OTW by Vans

VF-Corporation-owned skate and streetwear brand Vans has unveiled a new premium label, OTW by Vans, to offer a more “elevated product and brand experience,” while bringing together innovators of art, design, style, skate culture and entertainment. In a statement, Vans explained that OTW by Vans is a new vision conceived under the direction of...

BusinessFeatured

VF Q4 revenue and earnings decline

VF Corporation’s fourth quarter revenue of 2.7 billion dollars, was down 3 percent or flat in constant dollars. The company reported a loss per share of 55 cents and adjusted EPS of 17 cents. For the fiscal year 2023, VF revenue of 11.6 billion dollars, was down 2 percent but up 3 percent in constant dollars. EPS decreased to 31 cents and...

BusinessFeatured

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...

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...

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...

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...

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,...

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...

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...

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...

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...