DENVER — June 28, 2021— VF Corp. — a global supplier of branded lifestyle apparel, footwear and accessories — today announced that it has completed the sale of the occupational portion of its Work segment to a subsidiary of Redwood Capital Investments LLC, a diversified holding company.
The occupational workwear portion of VF’s Work segment includes the following brands: Red Kap®, VF Solutions®, Bulwark®, Workrite®, Walls®, Terra®, Kodiak®, Work Authority® and Horace Small®.
The sale does not include the Dickies® and Timberland PRO® brands.
The announcement follows the April 28, 2021, news release in which VF announced that it had entered into a definitive agreement regarding the sale of this business. Terms of the agreement were not disclosed.
Posted July 1, 2021
Source: VF Corporation