VF sets ‘bold target’ for Vans - sportstextiles: Lea SportsTextiles

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VF sets ‘bold target’ for Vans

12/09/2018
Parent group VF Corporation has said it plans to grow the revenues of footwear brand Vans from $2 billion per year at the moment to $5 billion per year by 2023. This would mean growth of between 10% and 12% each year for the next five years.

VF chief executive, Steve Rendle, said he was confident the Van’s team can meet this “bold target” and added that Vans would a key driver of the group’s growth in the next five years.

The group acquired Vans in 2004.


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