All VF Corp. articles – Page 7
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ArticleTimberland announces ambitious sustainability goals
Timberland has not only announced that it wants to plant 50 million trees around the world over the next 5 years, but also to create a net positive impact on the environment by 2030. The latter, most ambitious goal includes that the VF Corp.-owned brand wants all of its products ...
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ArticleIcebreaker plans to be plastic free by 2023
While Icebreaker of New Zealand celebrates its 25th anniversary this year, the brand, which has been part of VF Corp. since early 2018, has published its third annual Transparency Report as a result of a complete audit of its supply chain. From its very beginning, the brand has challenged the ...
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News briefs
VF Foundation announces $7.3 million in community investments
The VF Foundation, the private grantmaking organization funded by VF Corp., announced the recipients of its gifting cycle totaling $7.3 million in investments to 80 organizations around the world. The investments include $5 million in support of environmental justice and protection, social and economic equity, and community impact grants. Grantees ...
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News briefsIcebreaker announces expansion of North American team
Icebreaker announced the expansion of its North American executive and marketing teams in the recently relocated Denver office, as part of the VF Corp. growth trajectory. Icebreaker was acquired by VF in early 2018 and made the move to join the parent company in their Colorado-based North American headquarters earlier ...
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News briefs
VF appoints President of Greater China
Source: business wire Winnie Ma After the announcement in June of the change of its Asia-Pacific management structure, VF Corp. has now appointed Winnie Ma to the new position of president, Greater China. Ma will be based in VF’s Shanghai office and report to Kevin Bailey, executive ...
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ArticleVF expects improvement despite difficult Q1
Despite posting steep declines in revenues and earnings for its first quarter ended on June 30, the management of VF Corp. insisted that the company is in a strong position to get through the coronavirus pandemic because of its “financial and operational rigor” and the progress it has made in ...
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News briefs
WFSGI starts task force to digitalize product information
In a letter to its members, the World Federation of the Sporting Goods Industry (WFSGI) has announced the creation of a “Digitization of Product Information” task force, co-chaired by Decathlon and VF Corporation and aiming to promote digital labelling and best practices within the sporting goods industry. On the basis ...
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News briefs
Barron’s puts VF at top of reranked most sustainable companies list
Barron’s, a U.S. publication by Dow Jones & Company, has reranked its third annual list of the 100 most sustainable companies in America, originally published in February, with a new focus on social factors. VF Corp., owner of several sports and outdoor brands such as The North Face, Timberland, Altra ...
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ArticleForced labor in China: brands to stop sourcing in Xinjiang
A coalition of more than 180 civil society organizations last Thursday urged the global apparel industry to stop sourcing in the Xinjiang region of China because of the “serious risk of forced labor.” Human rights activists estimate that at least one million Uighurs and other Muslims are held in prison ...
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News briefsThe North Face launches shirt collection made of disposable plastic
The North Face (TNF) has launched a limited T-shirt collection made from disposable plastic bottles collected in the Alps. For the Bottle Source collection, the brand collected 18,000 kilograms of plastic waste in the mountains. The white unisex short or long-sleeved shirts feature TNF’s heritage logo in blue, pink or ...
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News briefsVF to open multi-brand store in Milan
VF Corp. will be opening its first multi-brand store, called Orefici 11 Milano, in the autumn. Located in the Italian city, the three-level, 22,000-square-foot store is meant to reflect its surroundings, mimicking the courtyards, façades and balconies of typical Milanese apartment buildings, the so-called case di ringhiera (guard-rail houses). As ...
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News briefsJanSport continues commitment to Gen Z and mental health in the U.S.
JanSport, owned by VF Corp., launched the second phase of its #LightenTheLoad campaign in the U.S., created to drive open conversations around Gen Z and mental health. Half of the brand’s target consumer, the Gen Z population, according to the American Psychology Association, feels they adequately manage their stress while ...
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News briefs
VF restructures its China business
VF Corp. announced that it will soon appoint its first president for Greater China, responsible for Mainland China, Hong Kong and Taiwan. The name of the executive appointed to this role will be unveiled later this summer. Today, Greater China accounts for about 65 percent of VF’s total business in ...
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ArticleThe outdoor community supports Black Lives Matter
It started last Tuesday, when large parts of Social Media turned dark: Companies, celebrities and private individuals darkened their posts and media feeds, placed solid black images or meaningful solidarity texts on black backgrounds, all connected by the hashtag #blacklivesmatter. And not only in the USA, the country where, after ...
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News briefsSIA, OIA and NSAA join call for climate action in the U.S.
The U.S. Outdoor Business Climate Partnership (OBCP) – an alliance between Snowsports Industries America (SIA), the Outdoor Industry Association (OIA) and the National Ski Areas Association (NSAA) – joined “Lead On Climate 2020,” the largest ever call-to-action in the U.S. from the business community to the Congress to protect America’s ...
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News briefsVF Corp. brands support OIA and its small business members
Several VF Corp. brands, including The North Face, Timberland, Icebreaker, Smartwool, Eagle Creek and Altra, will donate 15 percent of their Outdoor Retailer Summer Market refunds to the U.S. Outdoor Industry Association (OIA). The funds are to support OIA’s small business members by providing the necessary tools, resources, and advocacy ...
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News briefsTimberland releases 2019 CSR report
In 2019, Timberland, a VF Corp. brand, continued to push forward with its sustainability goals. For all cotton sourced by Timberland, including licenced apparel and accessories, Timberland increased its use of sustainably sourced cotton by 3 percent over the previous year to reach 77.5 percent. As for leather, 99.7 percent ...
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News briefs
Icebreaker promotes Gene Piccotti
Icebreaker, a VF Corp. brand, has promoted Gene Piccotti to senior director of wholesale and retail for North America. He was previously head of U.S. wholesale after joining the brand in 2018. Prior to that, Piccotti worked for Volcom, Quiksilver and Hurley/Nike.
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ArticleVF lowers outlook and announces refinancing
While releasing new financial data and targets and announcing new measures to refinance itself, VF Corporation indicated that it wants to acquire more fast-growing action brands like Altra or Icebreaker and become more “vertical,” boosting a direct-to-consumer (DTC) business that has come to represent 39 percent of its turnover. As ...
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News briefs
VF Foundation helps local communities around the world
The VF Foundation, the grant-making branch of VF Corp., has pledged a $1.5 million donation to support local communities around the world as they face the effects of the coronavirus pandemic. Initial funding will provide financial support to the Colorado Covid-19 Relief Fund, the CDC Foundation Emergency Response Fund, and ...
