Brandtree

When did VF Corporation buy and sell its brands?

VF Corporation has completed 4 recorded acquisitions and 2 divestitures or spin-offs, spanning 2000 to 2019.

DateTypeAssetsCounterpartyValue
May 2019Spin-offWrangler and LeeKontoor Brands
Apr 2018Acquisition (sold)NauticaAuthentic Brandsundisclosed
Oct 2017AcquisitionDickies$820m
Sep 2011AcquisitionTimberland$2.3bn
Jun 2004AcquisitionVans$396m
May 2000AcquisitionThe North Faceundisclosed

2019

Spin-off closed

Wrangler and Lee separated from VF Corporation

VF Corporation spun off its jeanswear business as Kontoor Brands, distributing shares to VF shareholders. The separation let VF concentrate on outdoor and activewear brands growing faster than denim, and gave Wrangler and Lee a management team focused on that category alone.

Value
Regulatory
None recorded

2018

Acquisition closed

Authentic Brands acquires Nautica

Authentic Brands acquired Nautica from VF Corporation, which was shedding brands to concentrate on outdoor and workwear. Authentic bought the trademark and licenses it to operators who design and sell the clothing, so the company that owns the name does not make the products.

Value
Undisclosed
Regulatory
None recorded

2017

Acquisition closed

VF Corporation acquires Dickies

VF Corporation acquired Williamson-Dickie for about $820 million, buying the workwear brand founded in Texas in 1922. Dickies had become streetwear well beyond the trades it was made for, a shift the company had not engineered.

Value
$820m
Seller
Regulatory
None recorded

2011

Acquisition closed

VF Corporation acquires Timberland

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.

Value
$2.3bn
Seller
Regulatory
None recorded

2004

Acquisition closed

VF Corporation acquires Vans

VF Corporation acquired Vans for about $396 million. Vans had been made in Anaheim since 1966 and adopted by skateboarders without any marketing from the company, whose waffle sole gripped a board better than anything else available.

Value
$396m
Seller
Regulatory
None recorded

2000

Acquisition closed

VF Corporation acquires The North Face

VF Corporation acquired The North Face, which had been founded as a San Francisco climbing shop in 1966 and was in financial difficulty. It became one of the largest outdoor brands in the world under VF ownership.

Value
Undisclosed
Seller
Regulatory
None recorded

VF Corporation acquisitions on a timeline

Timeline of completed acquisitions by VF Corporation

Full chart with a text equivalent, free to republish with attribution.

Brands VF Corporation once owned

Ownership recorded here as having ended, whether or not a deal record with a filing behind it exists for the transfer.

BrandOwned fromUntilOwner today
Lee Jan 1969 May 2019 Kontoor Brands
Wrangler Jan 1986 May 2019 Kontoor Brands