Clothing & Shoes

VF Corporation CFO steps down as group revenues drop to $2.96bn

Looking ahead, the group reaffirmed its free cash flow guidance for FY24 of approximately $600m (£475m)

VF Corporation, owner of Vans, The North Face and Timberland brands, has reported a 16% year-on-year decline in revenues to $2.96bn (£2.34bn) for the 12 weeks ended 30 December 2023 and has announced the exit of CFO Matt Puckett after almost nine years.

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