VF Corporation (NYSE: VFC)
Apparel Manufacturing Β· Denver, CO, United States Β· Founded 1899
- Market capitalization: $5.0 billion
- Annual revenue: $11.0 billion
- Net income: $-1.0 billion
- Employees: 35,000
- Sector: Consumer Cyclical
- Headquarters: Denver, United States
- Founded: 1899
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VF Corporation is a global apparel and footwear company that owns a portfolio of outdoor, active, and workwear brands including The North Face, Vans, Timberland, and Dickies. The company has struggled in recent years as Vansβonce its growth engineβexperienced a significant sales decline. VF's portfolio approach aims to diversify across consumer segments and distribution channels.
VF Corporation earns revenue from the wholesale and direct-to-consumer sale of branded apparel and footwear. The North Face and Vans are the two largest brands, together accounting for the majority of revenue and profit.
VF Corporation was founded in 1899 as the Reading Glove and Mitten Manufacturing Company in Pennsylvania. The company transformed itself through acquisitions, adding The North Face (2000), Vans (2004), and Timberland (2011). VF spun off its jeans business (Wrangler, Lee) as Kontoor Brands in 2019 and relocated its headquarters from North Carolina to Denver.
| Market Capitalization | $5.0B |
| Annual Revenue | $11.0B |
| Net Income | $-1.0B |
| Profit Margin | -9% |
| Revenue per Employee | $314286K |
| Stock Exchange | NYSE |
| Ticker Symbol | VFC |
Financial data is approximate and based on most recent annual filings.
Vans went from a niche skateboarding shoe to a global fashion phenomenon, growing from $300 million to over $3.5 billion in revenue before its recent decline. The North Face's Nuptse puffer jacket became one of the most ubiquitous fashion items of the 2020s.
VF Corporation is in turnaround modeβthe Vans decline has been steeper and longer than anyone expected, and the balance sheet is stretched. The North Face remains a strong brand, but VF needs Vans to stabilize before the stock can recover meaningfully.
What is VF Corporation's revenue?
VF Corporation generates approximately $11.0 billion in annual revenue.
How many employees does VF Corporation have?
VF Corporation employs approximately 35,000 people worldwide.
What is VF Corporation's market cap?
VF Corporation (VFC) has a market capitalization of approximately $5.0 billion on the NYSE.
When was VF Corporation founded?
VF Corporation was founded in 1899 and is headquartered in Denver, CO, United States.
Who is the CEO of VF Corporation?
Bracken Darrell is the current CEO of VF Corporation.
What is VF Corporation's website?
VF Corporation's official website is vfc.com.
| CEO | Bracken Darrell |
| Sector | Consumer Cyclical |
| Industry | Apparel Manufacturing |
| Founded | 1899 |
| HQ | Denver, CO |
| Country | United States |
| Website | vfc.com |
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