The company announced it reached an month an agreement with Brazil’s Mover Participações (formerly Camargo Corrrea) to acquire 100% of the shares of textile company Santista SA and all its subsidiaries.
The VF-owned youth brand announced on Wednesday that it plans to reach $5 billion in revenue by fiscal 2023, a $2 billion increase that Vans is hoping to drive with strong growth in its direct-to-consumer business.
The owner of Vans, The North Face and Timberland reported on Friday that its revenue increased 23% in the first quarter of 2019 with growth driven by its active and work segments and international sales
VF Corporation has appointed a new VP, GM of The North Face, Americas: Travis Campbell, who joins the brand from the group's Smartwool label. Jennifer McLaren will succeed Campbell as president of Smartwool.