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On the back of closing 140 stores: Vans undergoes transformation

As part of its Q1 earnings release, VF Corp announced major changes for Vans, on the back of reporting a 14 percent decline in revenue for the footwear brand. Despite this, president, CEO and director of the clothing conglomerate, Bracken Darrell, remained optimistic in VF’s earnings call with investors, stating “we’re seeing some bright spots”....

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Business

VF Corporation's turnaround: Lower costs offset sales decline

The US apparel group VF Corporation experienced a decline in turnover in the 2024/25 financial year. At the same time, the parent company of brands such as The North Face, Vans and Timberland was able to significantly reduce its loss thanks to extensive cost-cutting measures. This is according to current results presented by the company on...

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