Luxury Briefing: Amid owner VF Corp’s plans to sell off brands, Timberland asserts its power

11 months ago 40

This week, a look at owner VF Corporation’s disappointing earnings report and Timberland’s plan to “propel” the brand’s growth from here. Scroll down to use Glossy+ Comments, giving the Glossy+ community the opportunity to join discussions around industry topics.

On Tuesday, VF Corporation, owner of brands including Vans, Timberland, The North Face, Supreme and Dickies, reported its fiscal third-quarter of 2024 earnings, which missed analyst expectations. The company’s revenue for the quarter fell 16% year-over-year, to $2.96 billion.

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