Williamson-Dickie contributes to strong quarter - sportstextiles: Lea SportsTextiles

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Williamson-Dickie contributes to strong quarter for VF

10/05/2018
Apparel and footwear group VF Corporation has reported revenue of $3 billion during the first quarter of 2018, an increase of 17% in currency neutral terms.

This included a strong contribution from workwear brand Williamson-Dickie, which VF acquired for $820 million in August 2017. 

VF’s outdoor and action sports division, which includes brands like The North Face, Vans, Timberland and Smartwool, recorded a 13% increase in revenue. This was driven by a 39% increase in revenue from Vans and a 7% increase in revenue from TNF. 

VF’s international revenue grew 16% year on year. 

Related stories:

VF plans to spin off its jeans business 16/08/2018
VF completes acquisition of Altra brand 06/06/2018
TNF collection uses bottles collected from national parks 23/04/2018
Icebreaker promises full transparency with new report 10/04/2018
VF completes deal for Icebreaker 04/04/2018
Former Vans president returns to VF in new role 29/03/2018
Smartwool opens its first store in Canada 28/03/2018
VF Corporation agrees to sell clothing brand 21/03/2018
VF adds another footwear brand to its portfolio 15/03/2018
AAFA elects new leadership team 12/03/2018
VF names first chief digital officer 07/03/2018
VF decides to sell Nautica brand 23/02/2018

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