Growth for VF’s outdoor brands in the second qua - sportstextiles: Lea SportsTextiles

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Growth for VF’s outdoor brands in the second quarter

27/07/2015
Footwear and apparel group VF Corporation has reported 16% currency-neutral growth in revenues for its Outdoor and Action Sports coalition in the second quarter of 2015, reaching $1.4 billion.

The North Face brand rose 10%, including a 20% increase in its direct-to-consumer business. Revenues for Vans in the second quarter were up 23%, including a 25% increase in direct-to-consumer sales and 22% growth in wholesale sales. For Timberland, second-quarter revenues were up by 10%, including a 17% increase in its wholesale business.

“Our second quarter was another strong illustration of the ability of our global, diverse and powerful brands and platforms to deliver consistent, profitable growth,” said Eric Wiseman, VF’s chief executive.




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