VF Corporation
Industry: Apparel Accessories
Fortune Rank: 310
For the nine months ended 1 October 2005, V.F. Corporation's revenues rose 7% to $4.80B. Net income before Preferred Dividends rose 16% to $404.7M. Revenues reflect solid sales growth in the Outdoor business, with particular strength for The North Face, Kipling, Napapijri, and Vans brands and the acquisition of the Reef brand. Net income also reflects improved operational efficiencies and the absence of a loss on the sale of the Playwear business.
V.F. Corporation (VF) is engaged in manufacturing and marketing of branded apparel and related products. VF's businesses are organized into five product categories, and by brands within those product categories. These groupings of businesses are called coalitions and consist of Jeanswear, Outdoor Apparel and Equipment, Intimate Apparel, Imagewear and Sportswear. On May 31, 2004, VF acquired the Napapijri (Napapijri) brand of premium casual outdoor apparel. In May 2004, the Company sold its Healthtex Playwear business to Lollytogs, Ltd. In June 2004, the Company acquired Vans, Inc., a designer, marketer and distributor of active-casual footwear, clothing and accessories for the youth market. Also, in June 2004, VF acquired Antwerp-based Kipling Belgium NV, a maker of upscale bags, packs and accessories primarily for women. Kipling brand products include bags, backpacks and stationery. In April 2005, the Company acquired Reef Holdings Corporation, a supplier of surf-inspired footwear.
VF Corporation
VF Corporation is a Fortune 500 company. In 2010 VF Corporation was ranked number 310 on the Fortune 500 list, making it the 310th largest company in the United States when judged by revenue.
VF Corporation achieved revenue of $7,220.30 million in 2010 and earned a profit of $461.30 million.
VF Corporation' rank improves
The company ranking improved in 2010, moving up the Fortune 500 list to 310th compared to 335th in 2009. This was based on its 2009 revenue of $7,643 million (a change of 0 million compared to 2010) and profits of $603 million (a change of $-142 million compared to 2009).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then VF Corporation would be ranked 222nd rather than 310th due to its profits of $461 in 2010.
VF Corporation | Revenue* | Profit* | Fortune Ranking |
---|---|---|---|
2010 | 7,220 | 461 | 310 |
2009 | 7,643 | 603 | 335 |
2008 | 7,416 | 592 | 335 |
2007 | 7,034 | 534 | 332 |
2006 | 6,502 | 507 | 333 |
* US$ Million
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Address
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VF Corporation
105 Corporate Center Blvd
Greensboro
NC
27408
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VF Corporation
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Contact Details
- Phone: 336-424-6000
- Fax: 336-424-7668
- Website: www.vfc.com
- Stock Symbol: VFC
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