Timberland is owned by VF Corporation (the United States, NYSE: VFC), which acquired the brand on 13 September 2011.[1][2] Timberland was founded in 1973 in New Hampshire and was independent until 2011.
Timberland introduced the waterproof yellow boot in 1973, made with injection moulding that eliminated the stitching where water got in. Adopted by New York hip-hop culture in the 1990s, it became a fashion item. VF acquired the company in 2011 for $2 billion.
VF Corporation acquired Timberland for about $2.3 billion, adding its yellow boot to an outdoor portfolio that already held The North Face and Vans. Timberland had published an environmental and labour footprint on its boxes since 2006, unusually for footwear at the time.