VF Corporation news and archive

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...

8 Mar 2023

Business

VF Corp closes second green bond to bolster sustainable initiatives

US fashion giant VF Corporation has announced the closing of a 500 million euro green bond offering to support its sustainability initiatives. The company, whose portfolio includes Supreme, The North Face, Timberland, and Vans, said an amount equivalent to the net proceeds from the offering has been dedicated to advance its Sustainability &...

7 Mar 2023

Business

Silvia Onofri named brand president of VF’s Napapijri

VF Corporation has named its new brand president of Napapijri, an Italian brand it counts as a member of its portfolio. In a post on her LinkedIn, Silvia Onofri announced she was to be the individual stepping into the leadership position, succeeding Massimo Ferrucci, who exited the company last year. She joins the group from Bally, where she...

13 Feb 2023

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...

8 Feb 2023

Business

VF Corporation opens regional office in Tokyo alongside design collective

Fashion conglomerate VF Corporation has launched the new Tokyo Design Collective (TDC) alongside the opening of a regional office in the Japanese city’s Harajuku district. The office will be the new home of VF brands Dickies, Timberland and Vans in the region, as well as the TDC team. The mission of TDC is to merge Japanese product design and...

30 Jan 2023

Business

Redress reaffirms commitment to sustainability at launch of Design Award 2023

Redress has launched the 13th edition of its Redress Design Award 2023 during an event in Hong Kong, where industry leaders gathered to support the occasion. The NGO will again be partnering with VF Corporation to carry out this year’s award, with the initiative's first prize winner out of 10 finalists to join the conglomerate on a sustainable...

13 Jan 2023

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...

9 Jan 2023

Business

VF Corp to expand Swiss headquarters as part of growth strategy

VF Corporation has unveiled plans to expand its headquarters in Stabio, Switzerland, as it looks to build on its growth trajectory in the region. Plans for the VF Campus, where the group’s EMEA activities are managed, will soon be submitted to the relevant authorities for the construction of a new building adjacent to its current site, the...

20 Dec 2022

BusinessFeatured

VF names Benno Dorer as interim CEO, lowers FY23 outlook

VF Corporation has named BRUNO Dorer, lead independent director of the board as interim president and chief executive officer, effective immediately. The company added that Richard Carucci, a director on the board since 2009, will serve as interim board chairman. Dorer’s appointment follows Steve Rendle’s decision to retire from his position as...

6 Dec 2022

Business

VF Corporation announces appointment of interim president and CEO

Fashion conglomerate VF Corporation has announced its lead independent director of the VF board of directors, Benno Dorer, will be taking on the role of interim president and chief executive officer, effective immediately. Richard Carucci, who also serves as a director of the board, has been named as interim chairman of the board. The news comes...

5 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