Sponsors
Billabong ▼ -0.005 | PPR ▼ -0.40 | American Apparel ▲ +0.038 | The Buckle ▼ -0.47 | Columbia ▲ +0.24 | Deckers Outdoor ▲ +0.38 | Dicks ▼ -0.80 | Foot Locker ▼ -0.71 | Genesco ▼ -0.67 | Iconix Brand Group ▼ -0.39 | Jarden Corp ▼ -0.97 | Nordstrom ▼ -0.59 | Luxottica ▲ +0.55 | Nike ▼ -0.78 | Pacific Sunwear ▼ -0.02 | Skullcandy ▼ -0.03 | Sport Chalet - 0 | Urban Outfitters ▼ -0.18 | VF Corp ▼ 0.00 | Quiksilver ▲ +0.13 | Zumiez ▼ -0.36 | Macys ▼ -0.76 | Tillys ▼ -0.17 |
Ticker Sponsor
Readers Say
The one, undisputed leader
The one, undisputed leader

It is common knowledge in our industry that there is one undisputed leader in reporting on the topics, businesses and trends that impact all of us the most, and it is shop-eat-surf.com. Their access to those who make our industry happen is second to none, and we value not only the content of their reporting but the editorial thought on what it all means both in the present as well as the future. If we were asked to give a rating, it would be five out of five stars.

- By Craig Levra, CEO, Sport Chalet
The first thing I look at
The first thing I look at

I find Shop-Eat-Surf to be a very useful and informative site that I enjoy browsing daily. Shop-Eat-Surf is the first thing I look at every morning to keep up-to-date on the latest talk, events, and happenings in the industry. I must say I am a fan of Shop-Eat-Surf.

- By Bobby Abdel, Partner, Jack's Surfboards
Industry Insight

SDSI recaps FundSource OR success. Four reasons for B2B companies to embrace ecomm from NuORDER.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

VF layoffs across two units - none announced in Outdoor thus far

By Tiffany Montgomery
December 17, 2008 11:35 AM

VF Corp. is laying off what it calls "a modest number" of employees across two of its business units - jeanswear and services.

VF

Paul Mason, VF's Corporate Communication Director, told us an AP story that said the layoffs are across all units is incorrect. Mason said each business unit makes its own decisions about layoffs, and the Outdoor Coalition has not announced layoffs, Mason said. He did not know if it would in the future. The Outdoor Coalition includes action sports brands Vans and Reef.

VF employs about 46,000 around the world.

The Outdoor Coalition has been the strongest performing for VF, with The North Face and Vans leading the way. 

In October, VF warned of softening conditions in the company overall, even as it reported record Q3 profits of $233.9 million, or $2.10 a share, up 13 percent from $207.2 million, or $1.84 a share, in 2007.

Reports of the layoffs began to circulate Tuesday when TV station WFMY reported an undisclosed number of layoffs among the 1,400 VF jeanswear and services employees in Greensboro, NC.

Later that day, the Kansas City Business Journal reported VF was laying off an undisclosed number from among its 125 employees for the Lees brand near Kansas City.


More on: VF, layoffs, Paul Mason

Articles You Might Have Missed