Content about VF Corp.

September 17, 2014

Timberland detailed its plan to grow revenues by $1.4 billion during the next five years at an investor meeting at the company’s headquarters in Stratham, New Hampshire.

Stratham, N.H. -- Timberland detailed its plan to grow revenues by $1.4 billion during the next five years at an investor meeting at the company’s headquarters in Stratham, New Hampshire. Timberland’s management said it expects total revenues to reach $3.1 billion by the end of 2019, representing growth of 13% per year. (Timberland is a wholly owned subsidiary of VF Corporation.

August 15, 2012

Last June, two organizations — Retail Industry Leaders Association and International Council of Shopping Centers — co-sponsored a sustainability initiative that ultimately would set the bar for landlord/tenant partnerships.

The last 14 months haven’t been without bumps. Forging positive, mutually beneficial programs that involve cooperation from shopping center owners and their retail tenants has long been one of this industry’s greatest — and most frustrating — challenges.

April 27, 2012

VF Corp. said that its first-quarter profit rose 9%, helped by last year’s acquisition of Timberland and global demand for its brands from North Face to Vans.

New York -- VF Corp. said Friday that its first-quarter profit rose 9%, helped by last year’s acquisition of Timberland and global demand for its brands from North Face to Vans.

Net income rose to $215.2 million, from $200.7 million a year earlier. Revenue was up 31% to $2.56 billion.
 

November 10, 2011

VF Corp. said that Tom Glaser, VP global operations, will succeed Boyd Rogers as VP of VF and president supply chain, effective Jan. 1.

Greensboro, N.C. -- VF Corp. said Thursday that Tom Glaser, VP global operations, will succeed Boyd Rogers as VP of VF and president supply chain, effective Jan. 1.

Rogers is retiring from the company, effective Dec. 31, after 40 years of service.

Glaser will assume responsibility for VF’s global supply chain, including all manufacturing and sourcing operations.

October 24, 2011

VF Corp. reported that its third-quarter net income rose 24% on higher prices and sales, and raised its full-year outlook and quarterly dividend.

New York City -- VF Corp. reported that its third-quarter net income rose 24% on higher prices and sales, and raised its full-year outlook and quarterly dividend.

The clothing and footwear company said profit growth came from its September acquisition of Timberland and strong sales across most of its categories. 
 

October 12, 2011

In past columns, I have talked about restaurant group think and the tendency of dining concepts to overfill a niche.

In past columns, I have talked about restaurant group think and the tendency of dining concepts to overfill a niche. I’m becoming concerned that athletic apparel is in danger of the same thing. We now have three big players in this space: Lululemon, Lucy, and, more recently, Gap’s new Athleta concept. It seems that each has successfully carved out a lucrative niche in the world of contemporary athletic apparel, but it feels to me like it may be the latest retail “trend-du-jour.”

June 14, 2011

The Retail Industry Leaders Association, the International Council of Shopping Centers and Paladino and Co., announced Tuesday a collaborative discussion among retailers and commercial shopping center developers to bridge the current landlord and tenant divide that exists around creating sustainable, energy-efficient retail stores in the United States.

Washington, D.C. -- The Retail Industry Leaders Association, the International Council of Shopping Centers and Paladino and Co., announced Tuesday a collaborative discussion among retailers and commercial shopping center developers to bridge the current landlord and tenant divide that exists around creating sustainable, energy-efficient retail stores in the United States.

Participants in the June 9 roundtable included Wal-Mart, Petco, Ann Taylor, Target, VF Corp., Best Buy, Westfield, Vornado and Kimco, among others.

June 13, 2011

Apparel giant VF Corp., whose brands include Wrangler, The North Face, and Nautica, said it has agreed to buy Timberland Co. for approximately $2 billion.

New York City -- Apparel giant VF Corp., whose brands include Wrangler, The North Face, and Nautica, said it has agreed to buy Timberland Co. for approximately $2 billion. The deal, expected to close in the third quarter, values Timberland at $43 a share, a 43% premium to Friday's closing price of $29.99 on the New York Stock Exchange.

March 18, 2011

VF Corp. plans to open 400 U.S. stores across its various brands during the next years.

New York City -- VF Corp. plans to open 400 U.S. stores across its various brands during the next years. The company, whose stable of banners include Vans and The North Face, discussed its plans at an investor conference held recently in New York City.

In addition to the U.S. expansion, VF is looking to open some 225 stores in Europe and 80 in Asia. The expansion is expected to bring the company’s global store count to 1,500 units.

August 30, 2007

“Retailers and suppliers are in a tug of war,” asserted Bill McBeath, co-founder and chief...