VF Corporation
VF Corporation is an American clothing company with offices in Greensboro, North Carolina. The company is listed on the stock index S & P 500. VF Corporation is one of the largest clothing companies in the world and market leader in jeans, underwear, workwear and backpacks.
History
The company was originally created by John Barbey, a banker, and a group of investors in October 1899 after the city of Reading ( Pennsylvania) founded as Reading Glove and middle Manufacturing Company in Wyomissing, Pennsylvania. The company donated gloves, including silk ago. At the beginning were $ 11,000 and 100 square meters available. 1911 Barbey paid from the remaining seven partners. Barbey 1913 changed its name to Schuylkill Silk Mills. 1917, 1914, launched laundry division for fine women's underwear was baptized in Vanity Fair. 1919, the companies in Vanity Fair Silk Mills, Inc. called around. In the 1920s, was a rapid growth and the global economic crisis could harm the company. Over time, new materials like rayon (from 1930), nylon (from 1940) or lycra were processed ( 1960 ) successfully. 1951 went Vanity Fair Mills, as the company was now called, to the stock exchange. In 1969, the company repurchased under the new name of VF Corporation ( VFC), the stocking manufacturer and the Berkshire International, founded in 1889 HD Lee Mercantile Company ( now Lee Jeans) from Kansas City (Kansas ). The purchase of Blue Bell Holding Company came 1986, the brand Wrangler and Rustler ( jeans), Jantzen and JanSport and Red Kap ( workwear ) for portfolio added. 1998 different lingerie brands were acquired and the headquarters of Wyomissing, Pennsylvania, to Greensboro (North Carolina), moved, where it is located today. In 2000, the acquisition of Eastpak ( luggage), Chic, HIS was and Gitano ( jeans ) and the time of the insolvency near The North Face, Inc. ( outdoor clothing ). 2003 VF Corporation bought the sportswear manufacturer Nautica, which also includes the Contemporary brand John Varvatos belonged. The latter was in 2012 sold by VFC to a British investment company. Was added in 2004, the Italian sportswear label Napapijri. The range in 2007 was lucy 's sports and Fanbekleidungsherstller Majestic Athletic as well as the jeans manufacturer 7 for all mankind and the women's sportswear brand is expanding. 2009, the field of outdoor with 38 percent for the first time the largest share of sales. Mid-2011 had announced the VF Corporation that it would buy the outdoor specialists Timberland for $ 2 billion. The company operates in the U.S. under the name vf outlet around 70 outlets, are usually offered in larger factory outlet centers, where several of the Group's own brands reduced price for sale.
Criticism
In March 2013 were at a factory in Bangladesh, which produces clothes for the VF Corporation, seven protesting against an illegal mass dismissal of trade unionists - including a pregnant woman - using iron tubes and occupied with nails batons injured and employees of the Clean Clothes Campaign arrested, the the protesting employees had visited the spot. The factory is known for her good relationship with the local police and their brutality against critics.
Trademarks
- Bulwark
- Chase Authentics
- Chef designs
- CSA
- E. Magrath
- Horace Small
- Lee Sport
- Majestic
- NFL Red
- NFL White
- Penn State Textile
- Red Kap
- VF Solutions
- Brittania
- Chic
- Earl Jean
- Gitano
- Lee Jeans
- Maverick
- Old Axe
- Riders
- Rustler
- Wrangler
- Eastpak
- Eagle creek
- JanSport
- Kipling
- Lucy
- Napapijri
- Reef
- Smartwoll
- The North Face
- Timberland
- Vans
- Kipling
- Nautica
- 7 for all mankind
- Ella moss
- Splendid
The laundry division ( intimate apparel ), which included the brands Belcor, top form, Bolero, Curvation, Gemma, Intima Cherry, Lily of France, Lou, Vanity Fair, Vassarette and Variance, was sold to Fruit of the Loom 2007.