@vfc.com
VF Corporation outfits consumers around the world with its diverse portfolio of iconic outdoor and activity-based lifestyle and workwear brands.
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VF Corporation is an American multinational clothing corporation headquartered in Greensboro, North Carolina. The company was founded in 1899 as the Reading Glove and Mitten Manufacturing Company in Reading, Pennsylvania. Over the years, VF Corporation has grown into one of the largest apparel and footwear companies in the world.
VF Corporation's headquarters in Greensboro is a sprawling campus that serves as the central hub for their operations. The campus includes executive offices, research and development facilities, and distribution centers. The company offers a wide range of products under various brands, including The North Face, Vans, Timberland, Wrangler, Lee, and Dickies.
These brands cater to different segments of the market, from outdoor enthusiasts to fashion-conscious consumers. VF Corporation designs, manufactures, and markets clothing, footwear, and accessories for various purposes and occasions. On a global scale, VF Corporation operates in more than 170 countries through a network of subsidiaries, joint ventures, and partnerships.
Some noteworthy subsidiaries include Icebreaker, a merino wool outdoor clothing brand; Supreme, a streetwear brand; and Altra, a performance running shoe brand. VF Corporation also has joint ventures with companies like WL Gore & Associates and Camber Outdoors. In terms of market position, VF Corporation stands among the top global apparel companies.
The company reported $10. 5 billion in global sales in 2020. It faces competition from other apparel giants such as Nike, Adidas, and Gap Inc.
However, VF Corporation has prioritized sustainability and innovation as part of its growth strategy, which has helped it to differentiate itself in the market. In recent years, VF Corporation has made significant strides to align its business with responsible practices. These include commitments to reduce greenhouse gas emissions, sustainable sourcing of materials, and fair labor practices.
The company has also expanded its product lineup to meet changing consumer preferences, such as the growing demand for athleisure and outdoor apparel. As of the latest updates, VF Corporation continues to evolve its portfolio of brands and is actively pursuing growth opportunities in the global marketplace. With a focus on sustainable and innovative products, VF Corporation is well-positioned to stay competitive in the ever-changing fashion industry
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