The American group VF Corporation, which owns the brands The North Face, Vans, Timberland, Lee, Napapijri and others, grew during the 2015 year by only 1% compared to the previous one. The turnover amounted to 12,37 billion dollars.
Over the course of twelve months, sales of the Vans brand (+ 7%) were particularly successful, while the turnover of Timberland and The North Face grew by 1% and 2%, respectively.
In 2016, the group expects growth to be “on the single-digit average”, while sales in foreign markets should increase by 6-9%.
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