Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

Textile World Photo Galleries
May/June 2015 May/June 2015

View Issue  |

Subscribe Now  |

Events

3-D Fabrics - 6th World Conference on 3-D Fabrics and Their Applications
05/26/2015 - 05/28/2015

Techtextil North America 2015
06/02/2015 - 06/04/2015

JEC Americas Composites Show & Conferences
06/02/2015 - 06/04/2015

- more events -

- submit your event -

Printer Friendly
Full Site
Textile News

VF Acquires North Face® Business In China

Greensboro, N.C.-based VF Corp. has acquired The North Face® branded business in China from Youngone Corp., the brand’s licensee in Korea. The acquisition brings with it the potential for $40 million in revenues within five years, according to VF, which aims to continue The North Face’s growth in China.

“The North Face brand continues to be one of VF’s premier growth vehicles,” said Karl Heinz Salzburger, president, Europe, Middle East, Africa (EMEA) and Asia. “This move will allow us to directly control the brand’s destiny in this dynamic and fast-growing market.”

VF’s The North Face/Asia Pacific business segment will oversee the brand’s expansion in China. It will maintain sales offices in Beijing – where it has one freestanding retail store, as well as in Guangzhou and Shanghai.

April 17, 2007



Advertisement