| Business Summary | | VF
Corporation
designs,
manufactures
and
markets
branded
jeanswear,
intimate
apparel,
occupational
apparel,
knitwear,
outdoor
apparel
and
equipment,
children's
playwear
and
other
apparel.
The
Company
manages
its
business
through
over
24
consumer-focused
marketing
units
that
support
specific
brands.
Marketing
units
with
generally
similar
products
have
been
grouped
together
into
three
business
segments:
Consumer
Apparel,
Occupational
Apparel
and
All
Other.
The
Consumer
Apparel
segment
consists
of
jeanswear,
women's
intimate
apparel,
women's
swimwear
and
the
children's
apparel
businesses.
The
Occupational
Apparel
segment
includes
the
industrial,
career
and
safety
apparel
businesses.
The
All
Other
segment
includes
the
knitwear
and
outdoor-related
businesses,
represented
by
the
JanSport
and
Eastpak
brands
(backpacks
and
daypacks)
and
The
North
Face
branded
products
(outerwear
and
equipment). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VFC
is
a
holding
company
whose
subsidiaries
design,
manufacture
and
market
branded
jeanswear,
intimate
apparel,
knitwear,
children's
playwear
and
other
apparel.
For
the
six
months
ended
6/30/01,
sales
rose
2%
to
$2.75
billion.
Net
income
before
acct.
change
applicable
to
Common
fell
5%
to
$143.9
million.
Results
reflect
additional
sales
due
to
businesses
acquired
in
2000,
offset
by
lower
gross
margin
due
higher
expenses
at
the
jeanswear
manufacturing
plants. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Mackey McDonald, 54 Chairman,
Pres, CEO, Director | $3.5M | Robert Shearer, 49 VP
- Fin. and CFO | 672K | Frank Pickard, III, 56 VP,
Treasurer | -- | Robert Cordaro, 47 VP,
Controller | -- | Candace Cummings, 53 VP
- Admin., Gen. Counsel and Sec. | -- | Dollar amounts are as of 1-Jan-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|