All VF Corp. articles – Page 2
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ArticleVF makes further leadership changes at two of its brands
Following the management restructurings at Dickies, Altra, Smartwool and Icebreaker in early April, VF Corp. has announced additional changes in the executive ranks of two of its brands. Source: VF Corp Werner Bossenmaier The company has transferred former Timberland EMEA vice president of marketplace Werner Bossenmaier to ...
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ArticleStepping up to the plate: How the outdoor industry is taking responsibility seriously
Our functional fabric expert Charles Ross is convinced that even though incoming legislation like the EU Green Deal and Prop 65 and the forthcoming New York Fashion Sustainability and Social Accountability Act in the U.S. are forcing many changes in how the Outdoor Industry conducts business, there is also a ...
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ArticleAnalysis: More than half of the outdoor stocks make gains in Q1
Our Q1 Outdoor Index includes the revenue and profit development of 37 major outdoor companies.
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ArticleTimberland, Vans, TNF to feature ReGen-sourced rubber
VF Corp’s pilot project with Terra Genesis for the industry’s first proven regenerative rubber supply system gets off the ground.
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ArticleVF Foundation provides grants of over $8m to community partners worldwide
The VF Foundation, the philanthropic arm of VF Corp., has released its third Impact Report, titled “Seeding change, growing impact.” It highlights the positive impact of the foundation’s work on the lives of more than three million people in 93 countries during its latest fiscal year. Between April 4, 2021, ...
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ArticleVF reshuffles management of Emerging Brands
With immediate effect, Denver-based VF Corp has announced executive changes at four of its emerging brands. Dalhausser: From Altra to Dickies Todd Dalhausser has been named global brand president of Dickies. He will report to VF’s interim president & CEO Benno Dorer and will be part of VF’s executive leadership ...
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News briefs
VF issues €500m green bond to support sustainability strategy
VF Corporation, whose brands include The North Face, Timberland and Napapijri, announced the closing of a €500 million green bond issuance, the second since its inception in 2020. An amount equal to the net proceeds from the emission will be used to support programs under the company’s sustainability and stewardship ...
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News briefsVF issues Eurobonds worth €1bn
VF Corp. intends to use proceeds from the proposed offering of two €500 million tranches of notes, which are due in 2026 and 2029 with respective coupon rates of 4.125 percent and 4.25 percent for debt repayment, general corporate purposes and to fund certain sustainable development projects. J.P. Morgan, Morgan ...
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ArticleSporting goods industry supports earthquake relief measures in Turkey and Syria
9,210 apparel, footwear and textile manufacturers were located around the epicenter of the 7.8 and 7.7-magnitude earthquakes, which caused widespread damage across Turkey and northern Syria when they hit during the night of Feb. 6, 2023, according to the Business & Human Rights Resource Centre. Many retailers have already committed ...
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ArticleVF Corp plans to "sharpen its near-term focus" and more to improve performance
VF Corp., under interim president and CEO Benno Dorer, is vowing to take all necessary actions to improve its operating performance heading into its FY24 that commences on April 1. Already, the The North Face, Vans and Timberland parent has decided to slash its quarterly dividend by 41 percent to ...
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News briefsVF announces new appointments to TNF leadership team and more
Source: VF Mariano Alonso VF Corporation has announced new appointments to its leadership team in the EMEA region, including for The North Face (TNF), effective Jan. 31. Mariano Alonso — current general manager of Timberland EMEA — will be the new general manager of TNF EMEA. The ...
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ArticleIcebreaker’s Josh Vaughan: “We can take market share from the synthetic base”
Icebreaker’s General Manager EMEA talks about how he wants to increase the share of natural fibers, how Icebreaker needs to be positioned, and which decision in the past was a mistake.
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News briefsVF Corp. plans to expand its EMEA headquarters in Switzerland
VF Corp. is planning to expand its EMEA headquarters in Stabio, Switzerland. The VF Campus currently consists of four buildings measuring 20,000 sqm, which host over 1,100 employees working in design and product development, a fabric testing lab and showrooms dedicated to the group’s brands. VF is the parent company ...
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News briefsVF Corp. to potentially sell the JanSport brand
According to Bloomberg citing „people with knowledge of the matter,” VF Corp is considering selling the JanSport backpack and adventure luggage brand. There are no details of a potential investor revealed whatsoever. Shares of VF, the owner company of The North Face (TNF), Vans and Timberland brands, have dropped by ...
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News briefsVans and Timberland unveil first-ever collaboration
Vans and Timberland have teamed up on an entirely new hybrid shoe, dubbed the Vans Skateboarding x Timberland Half Cab Hiker. The footwear is described as half skate shoe, half hiking boot. The launch coincides with the 30th anniversary of Vans’ iconic Half Cab while drawing equal inspiration from Timberland’s ...
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ArticleVF seeks new permanent CEO following Rendle’s decision to step down
Source: VF Corp. Benno Dorer, interim president and CEO of VF, effective immediately VF Corp. announced that Benno Dorer, lead independent director of the VF board of directors, has been appointed interim president and chief executive officer, effective immediately. Richard Carucci, who has served on the board ...
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ArticleRugged outdoor footwear market rebounds in 2021
After a disappointing 2020, impacted adversely by the global pandemic, the global branded outdoor shoe market returned to growth last year. Worldwide rugged outdoor footwear sales climbed 28 percent higher to $6,756 million in U.S. dollars in 2021, based on research conducted by the Outdoor Industry Compass in partnership with Sporting Goods Intelligence.
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ArticleVF Corp. adapting to softer consumer environment, drops FY outlook
VF Corp is maintaining its full-year revenue growth guidance of 5-6 percent, citing its balanced portfolio and a building recovery in China as two examples, but has lowered expectations on some key financial metrics due to currency headwinds, higher inventory levels and a more promotional environment. The North Face parent ...
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ArticleAnalysis: Global outdoor stock index falls by double-digits again in Q3
According to the latest Outdoor Industry Compass quarterly study of 37 select stocks which sell products into the outdoor recreation market, the segment Index fell by a double-digit percentage for a third consecutive period but by less than in the first (-17.84%) or second (-21.18%) quarters. Only four stocks – ...
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News briefsTim Bantle appointed as Eddie Bauer CEO
Source: ABG/Sparc Group Tim Bantle New Eddie Bauer CEO, Tim Bantle, is a familiar face in the outdoor industry. He joins Sparc Group from VF Corporation, where he was GM of VF Canada. His résumé also includes positions at The North Face, Black Diamond and Patagonia. At ...
