Sales jump a third for Vans in third quarter

25/10/2017
Footwear brand Vans has reported a 28% increase in sales for the third quarter, pushing its owner, VF Corp, to a 5% increase in sales, totalling $3.5 billion for the three-month period.

VF CEO Steve Rendle said: “VF’s third quarter results were strong, fuelled by accelerated momentum across the company’s international and direct-to-consumer platforms and our Outdoor and Action Sports and workwear businesses. 

“Based on the strength of our third quarter performance and the stronger growth trajectory we see for the remainder of 2017, we are again increasing our full year outlook and making additional growth-focused investments aimed at accelerating growth and value creation into 2018 and beyond.”

VF also owns Timberland and the North Face.