Sponsors
Billabong ▼ -0.025 | PPR ▲ +5.55 | American Apparel ▲ +0.030 | The Buckle ▲ +0.39 | Columbia ▼ -0.42 | Deckers Outdoor ▼ -0.11 | Dicks ▼ -0.12 | Foot Locker ▼ -0.03 | Genesco ▲ +0.46 | Iconix Brand Group ▲ +0.02 | Jarden Corp ▼ -0.28 | Nordstrom ▼ -0.32 | Luxottica ▼ -0.06 | Nike ▲ +0.31 | Pacific Sunwear ▲ +0.02 | Skullcandy ▲ +0.20 | Sport Chalet - 0 | Urban Outfitters ▲ +0.17 | VF Corp ▼ -1.01 | Quiksilver ▼ -0.03 | Zumiez ▲ +0.74 | Macys ▲ +0.33 | Tillys ▼ -0.03 |
Ticker Sponsor
Readers Say
I require all our executives to read it
I require all our executives to read it

There is no better publication that I am aware of that is so accurate and on top of any news and developments in our industry. I personally recommend it to many people that want to know and understand more about our industry. For the most part, shop-eat-surf.com gets the stories first. As a matter of fact, I require all the executives in our company to read it.

- By Hezy Shaked, President & CEO, Tilly's
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

PROCOPIO: Seminar 1/31 at Snow Show on IP strategies.
TURTLE BAY RESORT: 5 reasons to attend Wanderlust Oahu starting Feb. 26.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

VF acquires joint venture in India

By Tiffany Montgomery
November 02, 2011 6:34 AM

VF. Corp, owner of Vans, Reef, The North Face and Timberland, announced this morning it has acquired full ownership of its joint venture in India.

 

VF formed the joint venture with Arvind Limited in 2006.

 

VF CEO Eric Wiseman said in a release, "Our business in India is strong, and now is the time to assume full ownership. Anchored by our Lee and Wrangler brands, the Indian market will provide a robust platform for future growth in the Asia-Pacific region."

 

VF did not disclose how much it paid to buy out Arvind.

 

VF has also been very aggressive in China, and expects to add 530 new stores there this year, the company said during its Q3 earnings conference call.

 

In India, it expects to add 125 this year.

 

 

 

 


Articles You Might Have Missed