Financial reporting

VF Corp. abandons guidance, commences turnaround plan led by former Vans President

By and 2023-10-31T10:05:00

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Admitting its US business “isn’t working well” and its cost structure is too high, VF Corp. reported its Q2 results with a comprehensive plan to turn around its flagging businesses under CEO Bracken Darrell, who joined the group in late July. Key elements of the strategy focus on fixing its ...

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