VF completes Timberland deal as Swartz departs
14/09/2011
VF Corporation has completed its previously announced acquisition of Timberland in a deal valued at $2.3 billion. Timberland, which achieved $1.4 billion in revenues in 2010, will now become part of VF’s outdoor and action sports “coalition” of brands, as will the Smartwool brand of socks and clothing that Timberland acquired at the end of 2005....
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