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词条 VF Corporation
释义

  1. History

  2. Current brands

     Jeanswear  Workwear  Outdoor and action sports  Sportswear 

  3. Divested brands

  4. VF Outlet, Inc.

     VF Outlet  VF Outlet Center 

  5. Subsidiaries

  6. See also

  7. References

  8. External links

{{refimprove|date=April 2014}}{{Infobox company
| name = VF Corporation
| logo =
| type = Public
| traded_as = {{NYSE|VFC}}
S&P 500 Component
| foundation = {{start date and age|1899|10}} (as Reading Glove and Mitten Manufacturing Company)
Reading, Pennsylvania, U.S.
| location = Greensboro, North Carolina, U.S.
| key_people = Eric Wiseman
{{small|(Chairman)}}
Steve Rendle
{{small|(President and CEO)}}
| num_employees = 69,000 (2017)[1]
| revenue = {{increase}} US$13.8 billion (2019)[1]
| operating_income = {{increase}} US$1.31 billion (2018)[1]
| net_income = {{increase}} US$1.01 billion (2018)[1]
| assets = {{increase}} US$10.31 billion (2018)[1]
| equity = {{increase}} US$3.68 billion (2018)[1]
| industry = Apparel
Accessories
| products = Footwear & Apparel
| homepage = {{URL|http://vfc.com}}
}}VF Corporation is an American worldwide apparel and footwear company founded in 1899 and headquartered in Greensboro, North Carolina.[2] The company's more than 30 brands are organized into four categories: Outdoor, Active, Work and Jeans.[3] The company controls 55% of the U.S. backpack market with the Jansport, Eastpak, Timberland and North Face brands.[4] The headquarters is moving to Denver as VF changes its focus to outdoor wear, and the jeans business is being spun off into Kontoor Brands.[10]

History

The company was established first as Reading Glove and Mitten Manufacturing Company in Pennsylvania in October 1899 by John Barbey and a group of investors. The company was started with $11,000 and a {{convert|320|sqft|m2|adj=on}} factory that was leased for $60/month. It was incorporated in Pennsylvania on December 4 of that same year. The manufacture of undergarments began in 1919, accompanied by a name change to Vanity Fair Mills. Shares were initially sold to the public in 1951.

The H.D. Lee Company (now Lee) was acquired by the company in 1969 and the corporate name was changed to VF Corporation to reflect the more diverse product line. Blue Bell Inc., the owner of such brands as Wrangler and JanSport, was acquired in 1986, effectively doubling the size of VF and making it the largest publicly held clothing company.

In 1998, VF moved its headquarters from Wyomissing, Pennsylvania to Greensboro, North Carolina to be closer to more of its operations.[5]

The company sold its "Vanity Fair" lingerie business to Fruit of the Loom for $350 million in cash on January 23, 2007.[6]

On February 28, 2007, VF Corporation acquired Majestic Athletic. On July 26, 2007, VF Corporation announced the purchase of 7 for all Mankind and Lucy Activewear for a combined $885 million.{{citation needed|date=April 2014}} Eric C. Wiseman became President, CEO, and Chairman in 2008.[7] Effective January 1, 2017 Steve Rendle took over CEO and President responsibilities.

In 2011, VF Corporation announced its intention to purchase Timberland for $2.2 billion.{{citation needed|date=April 2014}} The deal closed in September 2011.[8] On December 21, 2012, VF Imagewear was awarded a multimillion-dollar contract to provide uniforms and insignia for Customs and Border Protection officers.[9] In February 2013, Imagewear was awarded a $50-million contract to manufacture uniforms for Transportation Security Administration officers.[10]

In August 2018, it was announced that VF would be splitting into two separate companies. The jeans and outlet stores will be spun off as Kontoor Brands with the headquarters likely remaining in North Carolina. VF will maintain the sports apparel and footwear businesses and move their corporate headquarters (and around 800 employees) to Denver, Colorado sometime in early to mid 2019. An 11-story office building at 1551 Wewatta Street near Denver Union Station will become the new headquarters. [11]

Current brands

Jeanswear

  • Wrangler income was $2.3 billion
  • Lee income as of 2013 was $1.2 Billion dollars
  • Rustler[12]
  • Rock & Republic

Lee, Wrangler, Rock & Republic and VF Outlet will be under Kontoor Brands, Inc., a spinoff to be completed June 30, 2019. The headquarters will be at 400 North Elm Street, with merchandising, design, product development and innovation at Revolution Mill. Both facilities will be in Greensboro.[13]

Workwear

  • Dickies[14]
  • Red Kap
  • Horace Small (The Force), a clothing company based in Nashville, Tennessee, that produces uniforms for law enforcement, fire, EMS, security and land management services. It was founded in 1937.[15] In 1999 the company was acquired by VF Corporation, and was renamed as The Force in 2005 but reverted to the original brand name in 2010.[16][16]
  • Bulwark Protective Apparel

Outdoor and action sports

Date of acquisition or merger in parenthesis.

{{div col|colwidth=20em}}
  • Altra (2018)
  • Eagle Creek (2007)
  • Eastpak (2000)
  • Icebreaker (2018)
  • JanSport (1986)
  • Kipling Europe (2004)
  • Lucy (2007)
  • The North Face (2000)
  • Napapijri (2004)
  • SmartWool (2011)
  • Timberland (2011)
  • Vans (2004)
{{div col end}}

Sportswear

  • Kipling U.S. (2004)

Divested brands

  • Vanity Fair (sold in 2007 to Fruit of the Loom)
  • 7 for All Mankind (sold in 2016 to Delta Galil Industries)
  • Splendid (sold in 2016 to Delta Galil Industries)
  • Ella Moss (sold in 2016 to Delta Galil Industries)
  • Majestic Athletic (sold in 2017 to Fanatics)
  • Nautica (sold in 2018 to Authentic Brands Group)

VF Outlet, Inc.

VF Outlet

In 1970, it was the suggestion of M.O. Lee, then President of VF Corporation, that established the VF Outlet business that surplus products from VF sources including Berkshire International and Vanity Fair were sold to the public from a 5,000 square foot factory store, with only a drop cloth separating it from the company's manufacturing facility.[17] In doing so, VF Corporation created a brand-new retail industry, the outlet mall.

VF Outlet stores offer everyday apparel including brand name jeans, intimate apparel, activewear, swimwear, and more for women, men and children. The company currently operates 79 stores in 31 states nationwide.[18]

In October 2013, VF Outlet launched their ECommerce store.[19]

VF Outlet Center

VF Corporation, which opened their first VF Outlet factory store in 1970, was one of the earliest outlet operations, and opened their first outlet center in the country, in Reading, Pennsylvania. The outlet mall, located in Vanity Fair's old manufacturing mills, was dubbed the official "Outlet Capital of the World." [20] The corporate name was changed from VF Outlet Village to VF Outlet Center in 2008.

Today, the VF Outlet Center is owned and operated by VF Outlet, Inc. with over 1,000,000 square feet of retail space and more than 20 stores.[21]

Subsidiaries

SubsidiaryJurisdiction
20X de Mexico, S.A. de C.V.Mexico}} Mexico
Beatle Properties LimitedGibraltar}} Gibraltar
Eagle Creek, Inc.Delaware}} Delaware
The H. D. Lee Company, Inc.Delaware}} Delaware
H.D. Lee Spain, S.L.Spain}} Spain
Imagewear Apparel Corp.Delaware}} Delaware
JanSport Apparel Corp.Delaware}} Delaware
Jeanswear Ventures, LLCDelaware}} Delaware
Kipling Apparel Corp.Delaware}} Delaware
Lee Bell, Inc.Delaware}} Delaware
lucy apparel, llcDelaware}} Delaware
Mo Industries, LLCDelaware}} Delaware
The North Face Apparel Corp.Delaware}} Delaware
The North Face (Italy) S.r.l.Italy}} Italy
R&R Apparel Company, LLCDelaware}} Delaware
The Recreational Footwear CompanyCayman Islands}} Cayman Islands
Ring CompanyDelaware}} Delaware
Seven For All Mankind, LLCDelaware}} Delaware
Smartwool Consumer Direct LLCColorado}} Colorado
Smartwool LLCColorado}} Colorado
South Cone, Inc.California}} California
TBL International Properties LLCDelaware}} Delaware
TBL Investment Holdings GmbHSwitzerland}} Switzerland
TBL Licensing LLCDelaware}} Delaware
Timberland LLCNew Hampshire}} New Hampshire
Timberland (Gibraltar) Holding LimitedGibraltar}} Gibraltar
Timberland (UK) Ltd.United Kingdom}} United Kingdom
Timberland Asia LLCDelaware}} Delaware
Timberland Canada Co.Canada}} Canada
The Timberland Company (Asia Pacific) Pte. Ltd.Singapore}} Singapore
Timberland Europe Services Ltd.United Kingdom}} United Kingdom
Timberland GmbHAustria}} Austria
Timberland Holding Luxembourg S.àr.l.Luxembourg}} Luxembourg
Timberland HK Trading LimitedHong Kong}} Hong Kong
Timberland Hong Kong LimitedHong Kong}} Hong Kong
Timberland IDC Ltd.United Kingdom}} United Kingdom
Timberland International, LLCDelaware}} Delaware
Timberland Italy Srl.Italy}} Italy
Timberland Japan, Inc.Japan}} Japan
Timberland Lifestyle Brand Malaysia Sdn.Bhd.Malaysia}} Malaysia
Timberland Luxembourg Finance S.àr.l.Luxembourg}} Luxembourg
Timberland Luxembourg Holding Asia S.àr.l.Luxembourg}} Luxembourg
Timberland Luxembourg Holding Europe S.àr.l.Luxembourg}} Luxembourg
Timberland Management Services GmbHSwitzerland}} Switzerland
Timberland Netherlands Holding B.V.Netherlands}} Netherlands
Timberland Retail, LLCDelaware}} Delaware
Timberland Spain S.àr.l.Luxembourg}} Luxembourg
Timberland Switzerland Holding GmbHSwitzerland}} Switzerland
Timberland Trading (Shanghai) Company LimitedChina}} China
Vans, Inc.Delaware}} Delaware
Vans Madeira, S.L.Portugal}} Portugal
VFApparel Portugal, LdaPortugal}} Portugal
VF Apparel (Shenzen) Co., Ltd.China}} China
VF Asia LimitedHong Kong}} Hong Kong
VF Belgium B.V.B.A.Belgium}} Belgium
VF Brands India Pvt. Ltd.India}} India
VF Canada, Inc.Canada}} Canada
VF Contemporary Brands Canada Corp.Canada}} Canada
VF Comercializadora LimitadaChile}} Chile
VF Contemporary Brands, Inc.Delaware}} Delaware
VF de Argentina S.A.Argentina}} Argentina
VF do Brasil Ltda.Brazil}} Brazil
VF Ege Soke Giyim Sanayi ve Ticaret A.S.Turkey}} Turkey
VF Enterprises S.a.R.L.Luxembourg}} Luxembourg
VF Europe B.V.B.A.Belgium}} Belgium
VF Germany Textil-Handels GmbHGermany}} Germany
VF Global Investments S.a.R.L.Luxembourg}} Luxembourg
VF Imagewear, Inc.Delaware}} Delaware
VF Imagewear (Canada), Inc.Canada}} Canada
VF International S.a.g.l.Switzerland}} Switzerland
VF Investments Italy S.à.r.l.Luxembourg}} Luxembourg
VF Investments S.à.r.l.Luxembourg}} Luxembourg
VF Italia, S.r.l.Italy}} Italy
VF Italy Services S.r.l.Italy}} Italy
VF (J) France, S.A.France}} France
VF Jeanswear Argentina S.R.L.Argentina}} Argentina
VF Jeanswear de Mexico S.A. de C.V.Mexico}} Mexico
VF Jeanswear Espana S.L.Spain}} Spain
VF Jeanswear Limited PartnershipDelaware}} Delaware
VF Jeanswear Nicaragua y Compania LimitadaNicaragua}} Nicaragua
VF Korea LimitedKorea}} Korea
VF Luxembourg S.à.r.l.Luxembourg}} Luxembourg
VF Mauritius Ltd.Mauritius}} Mauritius
VF Northern Europe Ltd.United Kingdom}} United Kingdom
VF Northern Europe Services Ltd.United Kingdom}} United Kingdom
VF Outdoor (Canada), Inc.Canada}} Canada
VF Outdoor, Inc.Delaware}} Delaware
VF Outdoor Canada, Co.Canada}} Canada
VF Outlet, Inc.Delaware}} Delaware
VF Receivables, LPDelaware}} Delaware
VF Receivables Services LLCDelaware}} Delaware
VF Scandinavia A/SDenmark}} Denmark
VF Services, LLCDelaware}} Delaware
VF Shanghai LimitedChina}} China
VF Sourcing Asia S.a.R.L.Luxembourg}} Luxembourg
VF Sourcing India Private LimitedIndia}} India
VF Sourcing Latin America S.a.R.L.Luxembourg}} Luxembourg
VF Sourcing (Thailand) Ltd.Thailand}} Thailand
VF Sportswear, Inc.Delaware}} Delaware
VF Treasury Services LLCDelaware}} Delaware
VFJ Ventures, LLCDelaware}} Delaware
Wrangler Apparel Corp.Delaware}} Delaware
Source:[22]

See also

  • {{Portal-inline|Companies}}

References

1. ^1 2 3 4 5 {{cite web|url=https://content.equisolve.net/vfc/news/2018-05-04_VF_Reports_Results_for_Transition_Period_Ended_1653.pdf |title=V F CORP 2018 Annual Report Form (10-K) |publisher=VF Corporation |format=PDF |date=February 26, 2018}}
2. ^{{cite web |url= https://www.forbes.com/companies/vf/ |title=VF on the Forbes Global 2000 List |accessdate=18 December 2014}}
3. ^{{cite web |url=https://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=VFC |title=VF Corp (VFC) Company Profile |accessdate=18 December 2014}}
4. ^{{cite web|last1=Tabuchi|first1=Hiroko|title=Backpack Makers Rethink a Student Staple|url=https://www.nytimes.com/2015/09/03/business/backpack-makers-rethink-a-student-staple.html|website=The New York Times|accessdate=14 September 2015|date=2 September 2015}}
5. ^VF Corp. Changes Its Underware
6. ^{{cite web |url=https://www.forbes.com/sites/walterloeb/2013/04/02/vf-corp-has-the-midas-touch/|title=VF Corp. Has The Midas Touch|accessdate=22 April 2015}}
7. ^{{cite web|title=Eric Wiseman, Chairman, President, CEO, VF|url=https://www.bloomberg.com/profiles/people/3723828-eric-c-wiseman|publisher=Bloomberg|accessdate=25 November 2014}}
8. ^ https://www.vfc.com/news/press-releases/detail/174/vf-completes-acquisition-of-the-timberland-company
9. ^{{cite web |url= https://www.fbo.gov/index?s=opportunity&mode=form&id=ef8e5a2337041fbf4cf6b49fbd9690f9&tab=core&tabmode=list&= |title=Imagewear CBP Contract |accessdate=7 March 2015}}
10. ^{{cite web |url= https://www.fbo.gov/?s=opportunity&mode=form&id=451fa835036b45f2120ba8154e6e47f3&tab=core&_cview=1 |title=Imagewear TSA uniform contract |accessdate=7 March 2015}}
11. ^{{cite web |url=https://www.denverpost.com/2018/08/13/vf-corp-denver-headquarters/|title=VF Corporation, parent company of outdoor brands The North Face, Smartwool, will relocate headquarters, 800 workers to Denver}}
12. ^http://www.rustler.com/
13. ^1 {{cite news|url=https://www.journalnow.com/business/vf-chooses-kontoor-brands-as-name-for-jeanswear-spinoff/article_c5cdef8c-fedf-50d2-a2ca-2a3bd6a63c4a.html|title=VF chooses Kontoor Brands as name for Jeanswear spinoff|last=Craver|first=Richard|work=Winston-Salem Journal|date=December 6, 2018|accessdate=December 9, 2018}}
14. ^"VF Corp buys Dickies for $820 million"
15. ^{{cite web|url=https://www.vfimagewear.com/vfweb/redkap/mojo/controller?actionID=page/display&pageid=Horace_Small|title=Horace Small|website=www.vfimagewear.com|accessdate=21 July 2017}}
16. ^1 {{cite web|url=http://www.policemag.com/channel/patrol/news/2010/09/17/vf-imagewear-relaunches-horace-small-brand-of-law-enforcement-apparel.aspx|title=VF Imagewear Relaunches Horace Small Brand of Law Enforcement Apparel|publisher=|accessdate=21 July 2017}}
17. ^{{cite web|title=About VF Outlet|url=https://vfoutlet.com/about-vf-outlet|website=VFOutlet.com|accessdate=17 June 2015|deadurl=yes|archiveurl=https://web.archive.org/web/20150413165149/https://vfoutlet.com/about-vf-outlet|archivedate=13 April 2015|df=}}
18. ^{{cite web|title=VF Outlet Store Locator|url=https://vfoutlet.com/store-locator.html|accessdate=17 June 2015|deadurl=yes|archiveurl=https://web.archive.org/web/20150418151931/https://vfoutlet.com/store-locator.html|archivedate=18 April 2015|df=}}
19. ^{{cite web|title=VF Outlet - Discount Clothing for Women, Men, Kids & Baby|url=http://vfoutlet.com/|accessdate=17 June 2015}}
20. ^{{cite news|title=Reading Officially 'Outlet Capital Of The World'|url=http://articles.mcall.com/1991-09-01/entertainment/2810566_1_outlet-capital-berks-county-outlets-offer|accessdate=17 June 2015|date=1 September 1991}}
21. ^{{cite web|title=Store Listings & Center Map|url=http://vfoutletcenter.com/store-listings-center-map|website=VFOutletCenter.com|accessdate=17 June 2015}}
22. ^{{cite web|url=https://www.sec.gov/Archives/edgar/data/103379/000119312515075174/d838659dex21.htm|title=EX-21|website=www.sec.gov|accessdate=21 July 2017}}

https://fashionunited.uk/news/business/vf-s-full-year-outlook-raised-on-strong-q3-performance/2019011841093

External links

  • {{official website|http://vfc.com}}
  • [https://web.archive.org/web/20150618203805/http://vfoutlet.com/ VF Outlet, Inc. official website]
  • VF Outlet Center official website
{{Reading, Pennsylvania}}

7 : Companies based in Berks County, Pennsylvania|Companies based in Greensboro, North Carolina|Clothing companies of the United States|Companies listed on the New York Stock Exchange|American companies established in 1899|1899 establishments in Pennsylvania|Multinational companies headquartered in the United States
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