VF Corporation is an American apparel, footwear, and accessories company with headquarters in Denver, Colorado. The publicly held group (NYSE: VFC) operates in more than 170 countries worldwide. VF Corporation’s 12 brands are organized into the categories Active, Outdoor and Work. Its portfolio of activity-based lifestyle, outdoor, and workwear subsidiaries includes renowned international enterprises such as “Off The Wall” skateboard shoes manufacturer Vans, outdoor specialists The North Face, footwear experts Timberland, workwear manufacturing company Dickies, and streetwear brand Supreme.
VF Corporation has committed itself to delivering innovative products to consumers and creating long-term value for its customers and shareholders. They have taken up the course of enabling people to live sustainable and active lifestyles, but also of making a positive impact on people, communities, and the environment.
VF owns the brands
When VF Corporation announced in 2018 it would be splitting into two separate companies and spinning its jeans and outlet stores off as the independent, publicly traded Kontoor Brands, it moved its corporate headquarters to Denver, Colorado. The 11-story office building at 1551 Wewatta Street is not only the global HQ of the VF group but also home to Altra, JanSport, Smartwool, and The North Face. The company has additional headquarters in Costa Mesa, CA (Vans), Fort Worth, TX (Dickies), New York, NY (Supreme), Stratham, NH (Timberland), and Auckland, NZ (Icebreaker). In addition, there are two regional headquarters at Stabio, Switzerland, and Shanghai, China.
Following its purpose of “powering movements of sustainable and active lifestyles for the betterment of people and our planet” as well as its guiding principles to “live with integrity”, “act courageously”, “be curious”, “act with empathy”, and “persevere”, VF Corporation has received many coveted awards including “100 Best Corporate Citizens“, “Barron’s Top 100 Most Sustainable Companies”, “Ethisphere World’s Most Ethical Companies”, “Fortune World’s Most Admired Companies”, and “Best Places To Work For LGBTQ Equality”. VF Corporation owns circa 1,400 retail stores worldwide and produces about 300 million units of apparel, footwear, and accessories each year. In its annual report, VF announced revenues for fiscal year 2021 of US$9.2 billion and for fiscal year 2022 of US$11.8 billion.
As of May 2022, the VF Corporation’s executive team includes Steve Rendle (Chairman, President & Chief Executive Officer), Matt Puckett (Executive Vice President & Chief Financial Officer), Cameron Bailey (Executive Vice President, Global Supply Chain), Velia Carboni (Executive Vice President, Chief Digital and Technology Officer), Anita Graham (Executive Vice President, Chief Human Resources Officer and Public Affairs), Martino Scabbia Guerrini (Executive Vice President and President, Europe, Middle East, Africa [EMEA] and Emerging Brands), Craig Hodges (Vice President, Corporate Affairs and Communications), Jenn Sim (Executive Vice President, General Counsel and Secretary), Shonna Tsacoumangos (Vice President, Enterprise Program Management & Value Realization), David Wagner (Executive Vice President, Venture Platforms), plus the Global Brand Presidents of the portfolio brands.
This exclusive interactive chart shows the DTC sales of Adidas, Nike, Under Armour, VF Corp. and Puma as a percentage of total net sales for the financial years 2019 and 2020. The chart can be downloaded. This is exclusive data and analysis for Premium Members.
This exclusive chart shows the ranking of the largest listed sporting goods companies in 2020 by market capitalization. The chart can be downloaded in JPG, PNG or PDF format. This is exclusive data for Premium Members.
This exclusive chart shows the leading international sports apparell brands, including Nike, Adidas, VF Corp., Under Armour, Anta, Hanesbrands, Gildan, Puma, Columbia and Boardriders. Ranking by Revenue and by %-growth vs last year. This is exclusive data and analysis for Premium Members.
This exclusive chart shows the leading international footwear brands, including Nike, Adidas, Skechers, VF Corp., New Balance, Puma, Asics. Ranking by Revenue and by %-growth vs last year. This is exclusive data and analysis for Premium Members.
The company has its roots in the “Reading Glove and Mitten Manufacturing Company” founded by John Barbey in Reading, Pennsylvania, USA, in 1899. After it began to also offer silk lingerie branded “Vanity Fair” in 1913, the company changed its name to Vanity Fair Mills. It went public in 1951. When the company acquired the H.D. Lee Company (now Lee) in 1969, it changed its name again, now to VF Corporation. In the following decades, VF Corporation acquired several brands (i. e. Wrangler, Reef, Nautica, Eagle Creek) and divested some of them again in recent years concentrating on its Active, Outdoor, and Work categories. Though not being involved in operations anymore, the Barbey family, listed by Forbes as one of “America’s wealthiest families”, still owns 17% of publicly traded VF Corp.