All Vans articles
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ArticleVF expands its partnership with GMG
VF Corp. is expanding its partnership with the retail conglomerate GMG in order to grow in the Middle East and North Africa (MENA) and South East Asia (SEA) regions. The US group, whose portfolio includes the brands Vans, The North Face and Timberland, has been collaborating with the Dubai-based retail ...
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Vans’ chief product and merchandising officer quits
Marissa Pardini, Vans’ chief product and merchandising oOfficer, has announced her departure from the brand by the end of March. This follows a series of turnovers within VF Corp, the brand’s parent company. Pardini, who joined Vans in December 2022 after a decade with the company and a stint at ...
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ArticleVF to extend its board in agreement with Engaged Capital
VF Corporation has appointed Caroline Brown to its board in agreement with its shareholder Engaged Capital. The activist investor has been pushing for an aggressive turnaround for the US apparel and footwear company. ”This appointment follows constructive engagement with VF’s shareholders, including Engaged Capital, LLC. VF also intends to ...
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ArticleVF starts a strategic review of its assets
VF Corp., whose current portfolio includes The North Face, Vans, Timberland and Dickies, has initiated a strategic review of its brand assets. The announcement comes after the company’s shareholder Engaged Capital made in October a presentation “highlighting the actionable and significant opportunities for long-term value creation at the company.” According ...
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The cyberattack on VF may affect about 35.5 mln clients
VF Corp. said that data from about 35.5 million of its customers was stolen in a cyberattack on the Dec. 13. The parent company of The North Face, Vans and Timberland further stated that it does not store sensitive customer data such as SSN, bank or payment card details ...
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Walmart and Vans settle trademark dispute
Walmart and Vans have settled a trademark lawsuit, under which Vans, which is owned by VF Corp. accused the U.S. retailer of copying the designs of its shoes, according to a filing with a Californian District Court. The trial was scheduled to start on Nov. 28. The companies said that ...
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ArticleVF drops guidance, launches turnaround plan
Admitting its U.S. business “isn’t working well” and its cost structure is too high, VF Corp. reported its second-quarter results with a comprehensive plan to turn around its flagging businesses under CEO Bracken Darrell, who joined the group in late July. Key elements of the strategy focus on fixing its ...
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ArticleVF cuts its FY revenue guidance
VF Corp., the parent of brands such as Vans, Timberland and The North Face, reporting a loss of $57.4 million in the first quarter ended July 1 against a loss of $55.96 million in the year-ago period on an 8 percent revenue decline to $2.09 billion from $2.26 billion. Adjusted ...
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VF promotes Andreas Olsson to general manager EMEA for the Vans brand
VF Corp. has announced the promotion of Andreas Olsson, current vice president of sales at Vans for the Europe, Middle East and Africa (EMEA) region, to VP and general manager Vans EMEA. Olsson previously held a variety of roles at Vans and The North Face. He has also served as ...
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Vans appoints former Nike, Timberland executive as global marketing chief
Vans has appointed Drieke Leenknegt as global chief marketing officer, effective July 5. In her new role, she will report directly to Kevin Bailey, Vans global brand president. Leenknegt has held marketing and communications roles for more than 20 years. Most recently, she has served as global CMO at Timberland ...
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ArticleVans replaces The Vault with OTW by Vans as its new top product category
Vans has unveiled its new top category called OTW by Vans. The VF Corp. brand explains that it is a “new platform where the brand’s most elevated product expressions and brand experiences come together with the innovators of art, design, style, skate culture and entertainment.” As a result, the previous ...
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VF launches its largest distribution center
VF Corporation launched operations at its new distribution center in Ontario, California, employing approximately 550 people during peak periods. The new 1.2 million square foot facility is the largest and most efficient within the group’s global network of 46 distribution centers, according to VF. The facility has the capacity to ...
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Vans and Timberland launch a joint capsule collection
VF’s brands Vans and Timberland have teamed up to design a capsule collection together for the first time. Celebrating the 30th anniversary of Vans’ iconic Half Cab, the two brands offer a brand new style based on Vans’ iconic model first released in 1992 and Timberland’s Euro Hiker boot, created ...
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VF's CEO steps down
VF Corp. announced that Benno Dorer, lead independent director of the VF board of directors, has been appointed interim president and chief executive officer, effective immediately. Richard Carucci, who has served on the board since 2009, will serve as interim chairman of the board. Dorer’s appointment follows Steve Rendle’s decision ...
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VF braces for weaker consumer environment, lowers FY outlook
VF Corp is maintaining its full-year revenue growth guidance of 5-6 percent, citing its balanced portfolio and a building recovery in China as two examples, but has lowered expectations on some key financial metrics due to currency headwinds, higher inventory levels and a more promotional environment. The North Face parent ...
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VF Corp. maps out growth strategy, trims FY23 outlook
VF Corp., which counts a dozen brands in its portfolio, is targeting a five-year compounded annual revenue growth rate in the mid-to high single digits, earnings per share expansion of high single to low double digits and an operating margin of approximately 15 percent by FY27. The U.S. parent of ...
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News briefs
Vans opens a new store in Milan
Vans has opened a three-story, 300-square-meter shop in Milan’s Via Orefici at the Orefici11 retail space, which also hosts brands like The North Face, Timberland and Napapijri. It is Vans’ 36th store in Italy and its fifth in Milan.
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ArticleVans posts no sales growth in Q4
VF Corp reported a revenue increase of 9 percent to $2.8 billion (€2.65bn) in the fiscal fourth quarter ended April 2, although sales at Vans were flat during the period at $991 million (€938m). Group sales were boosted by a 15 percent increase in the EMEA region and 12 percent ...
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Vans sues MSCHF for Wavy Baby sneaker
Vans is suing the Brooklyn-based art collective MSCHF for its new MSCHF x Tyga ”Wavy Baby” sneaker which Vans alleges copied its Old Skool model, according to a lawsuit filed in the Eastern District of New York. “The Wavy Baby shoe blatantly and unmistakably incorporates Vans’ iconic trademarks and trade ...
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Evoco partners with leading footwear brands to develop sustainable products
Evoco, a Canadian cleantech company based in Toronto, has partnered with global leaders in active footwear such as Timberland, Kodiak and Vans with the purpose of reinventing the materials used in their product line-ups. Evoco is a privately-owned company that develops plant-based sustainable products. It has launched a new type ...
