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VF Corporation surpasses expectations in Q1

US clothing group VF Corporation exceeded its own expectations in the first quarter (Q1) of the 2025/26 financial year. The parent company of brands such as The North Face, Vans and Timberland reported on Wednesday that it had stabilised revenue and significantly reduced its losses. In the opening quarter, which ended in June, group revenue from...

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Business

VF Corp reports 6 percent drop in Q3 revenues to 3 billion dollars

Third quarter revenue at VF Corporation decreased 6 percent or 8 percent in constant dollars to 3 billion dollars driven by store closures and lower consumer demand as a result of the Covid-19 outbreak and related government actions and regulations. VF said, gross margin decreased 250 basis points to 54.7 percent and on an adjusted basis, gross...

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