Apparel giant VF dumps Supreme after $2 billion acquisition in a ...
WEBJul 17, 2024 · VF announced Wednesday it had reach a deal to sell Supreme to Ray-Ban maker EssilorLuxottica for $1.5 billion, admitting the acquisition initially considered transformative had been a bust. By ...
Streetwear brand Supreme is getting a surprising new owner
WEBJul 17, 2024 · Italian company EssilorLuxottica announced Wednesday that it’s buying Supreme for $1.5 billion in cash from VF Corp. (VFC), the parent company of Vans and Dickies, which bought the brand for $2.1...
VF Corp 2025 Strategy: Supreme Divestment, Vans Revitalization
WEB6 days ago · Key Points. VF Corp is a global apparel maker operating 11 brands, including The North Face, Timberland, VANS, and Dickies. The company's Reinvent Turnaround Strategy focuses on improving North American results, revitalizing the Vans brand, cutting costs by $300 million, and strengthening its balance sheet through asset sales like the divestiture of Supreme for $1.5 billion.
VF Corporation (VFC)
WEBVF Corporation Allocates Second Green Bond Net Proceeds to Support Progress Toward Science Based Targets. VF Corporation (NYSE: VFC), one of the world’s largest apparel, footwear, and accessories companies, today released their 2024 Green Bond Impact Report describing the fully allocated net proceeds from its second… Read More
VF Corp withdraws annual forecasts on slowing demand for higher …
WEBOct 30, 2023 · VF Corp withdrew its full-year revenue and profit forecasts on Monday, with demand for its higher-priced apparel and footwear easing as customers turn more cost conscious, especially in the...
News :: VF Corporation (VFC)
WEBMar 4, 2024 · VF Corporation outfits consumers around the world with its diverse portfolio of iconic outdoor and activity-based lifestyle and workwear brands.
VF Corporation Names Caroline Brown Global Brand President of …
WEBDENVER, June 03, 2024--VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced Caroline Brown has been named Global Brand President...
VF Corporation Announces Definitive Agreement to Acquire …
WEBNov 9, 2020 · DENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, and Supreme ®, a privately-owned global streetwear brand, today jointly announced that they have signed a definitive merger agreement.
VF Corp. to Sell JanSport, Eastpak, and Kipling
WEBFeb 8, 2023 · VF Corp. announced in February that it is selling its packs business, including the Kipling, Eastpak, and JanSport brands, as it looks to increase focus on its biggest strategic opportunities and improve its financial performance.
VF Corp Withdraws Annual Forecasts on Slowing Demand for ... - U.S. News
WEBOct 30, 2023 · (Reuters) - VF Corp withdrew its full-year revenue and profit forecasts on Monday, with demand for its higher-priced apparel and footwear easing as customers turn more cost conscious,...