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“Outstanding” sports and outdoor performance delivers strong Q1 results for VF

25/04/2014
Clothing and footwear group VF Corporation has reported financial results for its first quarter, ending March 29, 2014. Continued momentum for its outdoor and action sports brands, including The North Face, Vans and Timberland brands, was the first thing the group highlighted.

Across all brands, VF recorded revenues of $2.8 billion, an increase of 6.5% compared to the same quarter in 2013, and operating income increased by 13% to $403 million.

“VF’s first quarter results reflect the continued strength of our brands and our global business platforms,” said chief executive, Eric Wiseman, on announcing the figures. “Led by outstanding performance from outdoor and action sports, we delivered strong growth in revenue and profitability.”

Revenues for The North Face, Vans and Timberland increased by 14%, 20% and 12% respectively compared to the first quarter of 2013.


Related stories:

Vans fills marketing position left by North Face move 03/12/2014
Timberland drops underperforming suppliers 03/07/2014

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