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VF Corporation to Explore Strategic Alternatives For Occupational Portion of Its Work Segment

VF Corporation (NYSE:VFC) today announced that it is commencing a review of strategic alternatives for the occupational portion of its Work segment. This strategic review is a reflection of management’s continued

Benzinga · 01/21/2020 11:55

VF Corporation (NYSE:VFC) today announced that it is commencing a review of strategic alternatives for the occupational portion of its Work segment. This strategic review is a reflection of management’s continued focus on transforming VF into a more consumer-minded and retail-centric enterprise, with a portfolio of growth-oriented active, outdoor and work brands.

The occupational portion of the Work segment consists of primarily nine brands and businesses: Red Kap®, VF Solutions®, Bulwark®, Workrite®, Walls®, Terra®, Kodiak®, Work Authority® and Horace Small®.

The review does not include Dickies® and Timberland PRO® brands.