Hypebeast -
23 May 2024 19:14
VF Corporation - the owner of North Face, Supreme, Vans and more - has shared bleak fourth-quarter results. Amid management shake-ups across its brands, revenue fell short of analysts' year-to-year expectations, down by 13% overall.As the VF Corp's largest brand, Vans made up 32% of the corporation's revenue in 2023, which has since dropped 26% according to wholesale "inventory clearance efforts," Reuters reported.Overall, revenues fell across regions but particularly in the Americas at a steep ...
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