VF CORP news and archive

VF Corp to layoff 500 roles amid reinvention

Fashion conglomerate VF Corp has said that it will be making around 500 layoffs across the company as it continues on its reinvention strategy under chief executive officer Bracken Darrell. Initiated late October and dubbed ‘Project Reinvent’, the transformation plan aims to enhance focus on brand-building and improve operating performance....

BusinessFeatured

VF Corp names Bracken Darrell president and CEO

Fashion and lifestyle conglomerate VF Corporation has announced the appointment of Bracken Darrell as president and chief executive officer, effective July 17, 2023. Darrell will succeed Benno Dorer who served in an interim capacity since December 2022 and has been on VF’s board since 2017. While Dror will remain a board member, Richard Carucci,...

Fashion |In Pictures

Kipling unveils collaboration with Minju Kim

Accessories brand Kipling, part of VF Corp, is launching a capsule collection with Next in Fashion season one winner and Seoul-based fashion designer Minju Kim. The Kipling x Minju Kim collection launches on April 27 and merges Kim’s signature bold prints and fairy tale creativity with Kipling’s function-led designs across backpacks, crossbodies...

Fashion |In Pictures Featured

Kipling collaborates with Victoria Tang

Accessories brand Kipling, part of VF Corp, has unveiled a capsule collection with designer and entrepreneur Victoria Tang, who has served as artistic director of Issa London and creative director of Chinese luxury brand Shanghai Tang. Described as a collection “for empowering women,” Kipling x Victoria Tang coincides with International Women’s...

People

VF Corporation announces new appointments to EMEA leadership

VF Corporation, the global apparel and footwear company which owns brands including Vans, The North Face, and Timberland, has announced new appointments to its EMEA leadership team in response to “consistent successful business performance” in the region. From January 31, Mariano Alonso, the current General Manager of Timberland EMEA, will take...

Business

The North Face’s Van Leeuwen to head brand’s US business

The general manager of The North Face EMEA, Jan Van Leeuwan, is set to become the head of the brand’s US business, according to its owner VF Corp. Van Leeuwen, who has been at VF for over a decade, has held his current position at The North Face for four years and has been credited with helping shape the company and brand over this period. In...

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...

People

The North Face makes two new executive appointments

The North Face has named two new members of its executive team to “help drive marketing and product innovations”. The VF Corp-owned brand named Jennifer Ingraffea as new chief product and merchandising officer. Ingraffea joins from sportswear giant Nike, where she spent the past 19 years, most recently serving as global vice president of kids...

Retail

Continuing its expansion plans, VF-owned Supreme opens first store in Germany

Supreme this week opened its first store in Berlin, Germany, as the streetwear label continues to expand its retail network around the globe. In May Supreme opened a store on Milan’s Corso Garibaldi. The New York skatewear brand was acquired by VF Corp last year, valuing the business at 2.1 billion dollars. In January VF Corp said it was...

Fashion |In Pictures Featured

Tommy Hilfiger collaborates with Timberland to celebrate nineties heritage

American designer Tommy Hilfiger is collaborating with VF-owned Timberland on a hybrid capsule collection that pays homage to the colourful signature styles of the ‘90s. The TommyxTimberland capsule is formed of apparel, footwear and accessories and is described as a “creative clash” between the classic American DNA of Tommy Hilfiger and...

Fashion Featured

Icebreaker and Spinnova to develop circular mid-layer products

New Zealand-based Icebreaker is teaming up with material tech company Spinnova to developing fully circular mid-layer products out of merino wool and Spinnova fibre. The VF-owned, ethical and sustainable natural performance apparel brand is working with Spinnova on a joint sustainability journey to develop a mid-layer product with a minimal...

BusinessFeatured

VF revenues jump 104 percent, raises guidance

First quarter revenue at VF Corporation increased 104 percent or 96 percent in constant currency to 2.2 billion dollars. The company said in a statement that excluding the impact of acquisitions, revenue increased 90 percent or 83 percent in constant dollars driven by VF’s largest brands and the EMEA and North American regions, which experienced...