Vans contributes to strong first quarter for VF - footwearbiz: Leading

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Vans contributes to strong first quarter for VF

11/05/2018
Vans contributes to strong first quarter for VF
Apparel and footwear group VF Corporation has reported revenue of $3 billion during the first quarter of 2018, an increase of 17% in currency neutral terms.

This included a strong contribution from workwear brand Williamson-Dickie, which VF acquired for $820 million in August 2017. 

VF’s outdoor and action sports division, which includes brands like The North Face, Vans, Timberland and Smartwool, recorded a 13% increase in revenue. This was driven by a 39% increase in revenue from Vans and a 7% increase in revenue from TNF. 

VF’s international revenue grew 16% year on year. 

Related stories:

Vans targets Europe with top appointment 31/07/2019
Vans contributes to strong quarter for VF 24/01/2019
VF selects location for new Denver headquarters 26/09/2018
VF plans to spin off its jeans business 17/08/2018
Former Vans president returns to VF in new role 03/04/2018
VF adds another footwear brand to its portfolio 19/03/2018
VF names first chief digital officer 08/03/2018
Sales jump a third for Vans in third quarter 25/10/2017
Vans sales up 8% as VF vows to inject cash into big brands 26/07/2017

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