Vans-Owner VF Corporation Sees Revenues Fall 9% in Q1 FY2025

After selling Supreme to EssilorLuxottica for $1.5 billion USD in July, VF Corporation reported falling revenues in the first quarter of the fiscal year 2025. On Wednesday, the company, which owns The North Face, Vans and Timberland, among other labels, released its official financial report, revealing that revenues reached $1.9 billion USD in the three-month period, down 9% (or 8% in constant dollars) from the year prior.In a statement, VF president and CEO Bracken Darrell said, "As I complete ...