VF Corporation is a global leader in branded lifestyle apparel, footwear, and accessories, designing, manufacturing, and marketing products for a wide consumer base.


# VF Corporation Overview

## Business Description
VF Corporation is a global leader in branded lifestyle apparel, footwear, and accessories. The company designs, manufactures, and markets products across various segments, serving a wide range of consumers worldwide.

## Key Details (from provided document excerpt)
- **Number of Pages in Proxy Statement**: 109 pages (excluding exhibits)
- **Filing Timeline**: The definitive Proxy Statement will be filed with the Securities and Exchange Commission within 120 days after the end of the fiscal year.

## Corporate Information
- **Risk Factors, Properties, Legal Proceedings, Mine Safety Disclosures**: Addressed in specific sections within the report.
- **Forward-Looking Statements**: Included at the beginning of the report.

## Note
- The provided excerpt does not include specific data regarding the number of customers, employees, revenue, or income.


V.F. Corporation is a leading global company in the apparel and footwear industry, offering a diverse portfolio of well-known outdoor, active, and workwear brands.

# V.F. Corporation

V.F. Corporation, founded in 1899, is a global leader in apparel, footwear, and accessories. The company connects consumers to the lifestyles and experiences they value through a diverse portfolio of outdoor, active, and workwear brands.

## Key Information

- Fiscal Year 2024: April 2, 2023 – March 30, 2024  
- Employee base: Approximately 30,000 employees  
- Direct-to-consumer (DTC) revenues: 47% of total revenues  
- Operating segments:
  1. Outdoor
  2. Active
  3. Work

## Customer Base

- Direct-to-Consumer:
  - About 1,185 retail stores worldwide
  - Regional DTC operations: Americas 65%, Europe 25%, Asia-Pacific 10%
- Wholesale:
  - Products sold through specialty stores, national chains, mass merchants, department stores, and digital partners
  - Approximately 2,400 independent partnership stores carry VF products

## Brand Portfolio

### Outdoor Segment
- Key brands: The North Face®, Timberland®, Smartwool®, Altra®, Icebreaker®  
- Products: High-performance outdoor apparel, footwear, equipment, and accessories

### Active Segment
- Key brands: Vans®, Supreme®, Kipling®, Napapijri®, Eastpak®, JanSport®  
- Products: Active apparel, footwear, backpacks, luggage, and accessories for youth culture and action sports

### Work Segment
- Key brands: Dickies®, Timberland PRO®  
- Products: Work and work-inspired lifestyle apparel, footwear, and accessories

## Operations and Revenue Distribution

- Geographic revenue distribution:
  - Americas: 52%
  - Europe: 33%
  - Asia-Pacific: 15%
- Direct-to-consumer operations:
  - DTC accounts for 47% of total revenues
  - E-commerce makes up 42% of the DTC business, contributing 20% of total revenues

## Strategic Initiatives

Following recent leadership changes and a turnaround program, V.F. Corporation is:
- Streamlining operations and reducing costs
- Reinvesting savings in brand building and product innovation
- Introducing a new operating model to support global brands and improve efficiency across the commercial organization

## Conclusion

V.F. Corporation uses its broad brand portfolio to reach a diverse customer base while focusing on sustainable growth and product innovation. The company's scale and strategic adjustments reflect its intent to adapt to changing consumer demand and market trends.

V F CORP

10-K / May 22, 2025

10-K / May 23, 2024

10-K / May 22, 2025

VF Corporation Overview

Business Description

Key Details (from provided document excerpt)

Corporate Information

Note