Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

VF Corporation is an American global apparel and footwear company founded in 1899 by John Barbey and headquartered in Denver, Colorado. The company's 13 brands are organized into three categories: Outdoor, Active and Work.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Revenue(RF), mln.USD
20
Assets(RF), mln.USD
51
Capital(RF), mln.USD
46
Glob.Revenue, mln.USD
11698
Staff(RF), 2021
51
Taxes(RF), mln.USD
2
The Company Statement
June 08, 2023

Temporarily suspended commercial activities. The American clothing and footwear manufacturer VF Corporation (brands Vans, The North Face, etc.) has decided to close its stores in Russia, and transfer the local division to wholesale deliveries. This is stated in the reporting of the Russian structures of VF Corporation LLC "VF Sys-I-S".

March 11, 2022VF Corporation Announces $250,000 in Humanitarian Aid to Refugees Fleeing Ukraine and a Temporary Suspension of Commercial Activities in Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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