VF Corporation is an American worldwide apparel and footwear company founded in 1899. The company controls 55% of the U.S. backpack market with the JanSport, Eastpak, Timberland, and North Face brands. In August 2018, it was announced that VF would be splitting into two separate companies. The jeans and outlet stores would be spun off as Kontoor Brands.
About VF Corporation in brief
VF Corporation is an American worldwide apparel and footwear company founded in 1899. The company controls 55% of the U.S. backpack market with the JanSport, Eastpak, Timberland, and North Face brands. VF sold its Vanity Fair lingerie business to Fruit of the Loom for USD 350 million in cash on January 23, 2007. In August 2018, it was announced that VF would be splitting into two separate companies. The jeans and outlet stores would be spun off as Kontoor Brands.
The first VF Outlet factory store opened in Reading, Pennsylvania in 1970. The outlet mall, located in Vanity Fair’s old manufacturing mills, was dubbed the official \”Outlet Capital of the World. \” The corporate name was changed from Vf Outlet Village to VF outlet Center in 2008. Today, the outlet mall is owned and operated by VFoutlet Center, Inc.
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