Kipling

Company VF Corporation
Country Belgium
Email n.a.
Telephone +32 3298 2000

Market Segment Mass Market
Core Business Bags

Kipling Financial Report

Kipling Updates

Management changes at VF, the owner of Kipling and Eastpak

Evolution of Kipling and its targeted push into travel

VF Corporation Financial Report 2022

Income Statement Trend

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Total Revenue

It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income.

Operating Margin

Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.

Net Profitability

It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.

Profit Ratio

It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.

Income Statement Highlights

in Millions of USD	2022	2021	Δ 2022/2021	2020	Δ 2021/2020	2019	Δ 2020/2019	CAGR
Total Revenue
Cost of Sales
Gross Profit
Operating Income
Net Income

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Balance Sheet Highlights

in Millions of USD	2022	2021	Δ 2022/2021	2020	Δ 2021/2020	2019	Δ 2020/2019	CAGR
Current Assets
Total Assets
Current Liabilities
Equity

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VF Corporation Annual Report

Official Websites

Kipling website

kipling.com/

Kipling ecommerce

kipling.com/

Official Social Media

Brand Description

Establishment

Year

1987

City

Antwerp

Country

Belgium

Founder

Neil Kipling

Designer

Team of designers

Profile

These days, a bag is an accessory that has become essential. One of the cult objects of today's life, it is an integral part of our personality - show me your bag and I'll tell you who you are. Trendy, fashionable, practical and informal, our Kipling® bags are part of the everyday life of more than 35 million women in 65 countries throughout the world.
The Kipling story is one of great passion, creativity and entrepreneurial spirit. In 1987, three friends in Antwerp decided that women needed high-quality bags that were iconic and chic and feminine and fashionable and not boring. So they created a line of casual and colourful bags that were affordable, sporty and functional, packed with attitude but never serious or stuffy or stuck-up. In a word: fun!
They named the brand Kipling, after the well-known and well-travelled author Rudyard Kipling. Soon, their bags were part of the everyday adventures of women around the world. Today, Kipling mascot monkeys, by far the world's best-travelled primates, dangle from a full range of handbags, luggage and carry-alls.