Home / Knowledge / News / Apparel/Garments / VF Corp's Q1 2016 revenue up 2% to $2.8 billion
VF Corp's Q1 2016 revenue up 2% to $2.8 billion
May '16
Courtesy: VF Corporation
Courtesy: VF Corporation
US manufacturer and distributor of branded apparel, accessories and shoes, VF Corporation reported a rise of 2 per cent in its total revenue to $2.839 billion in the first quarter of 2016, ended March 31, as compared to $2.837 billion in the corresponding quarter last year.

The rise in total revenue was attributed to the strengthening outdoor & action sports sector, jeanswear, direct-to-consumer segment and international businesses.

The outdoor and action sports sector saw a rise of 4 per cent in its revenue to $1.644 billion in Q1 of 2016 as compared to $1.606 billion in the same period last year. The jeanswear segment also saw a rise of 4 per cent in revenue to $710.59 million as compared to $699.65 million last year.

Revenue at international businesses of VF Corporation was up 4 per cent as compared to the first quarter last year. It was up 8 per cent at the direct-to-consumer segment this quarter.

Commenting on the results, Eric Wiseman, chairman and CEO of VF said, “Our first quarter results demonstrate the ability of our diversified business model to perform as expected in an inconsistent environment.”

“By leveraging our strengths – driving innovation into the marketplace, connecting with consumers and operating with financial discipline – we are on track to deliver results consistent with our 2016 outlook, while also delivering on our commitment to shareholders,” he added.

The company expects revenue to increase at mid-single-digit percentage rate in the full-year 2016. (MCJ)

Fibre2Fashion News Desk - India

Must ReadView All

Apparel/Garments | On 21st Oct 2016

China’s garment retail sales grow 7.2% in Jan-Sept ’16

Retail sales of garments, footwear, hats and knitwear of Chinese...

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search