Company VF Corporation
Country United States
Email irrequest@vfc.com
Telephone +1 (336) 424 60 00
Market Segment Bridge
Core Business Active Wear

The North Face Financial Report 2018

 
 

VF Corporation Financial Report

Income Statement Trend

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 USD20192017Δ
2019/2017
2016Δ
2017/2016
2015Δ
2016/2015
CAGR
Total Revenue        
Cost of Sales        
Gross Profit        
Operating Income        
Net Income        

Balance Sheet Highlights

in Millions of USD20192017Δ
2019/2017
2016Δ
2017/2016
2015Δ
2016/2015
CAGR
Current Assets        
Total Assets        
Current Liabilities        
Equity        

Official Websites

The North Face website
The North Face ecommerce

Official Social Media

Brand Description

Establishment

Year
1968
City
San Francisco
Country
United States

Founder

Douglas Tompkins
Kenneth "Hap" Klopp

Designer

Unknown

Profile

The North Face, Inc. is an American outdoor product company specializing in outerwear, fleece, coats, shirts, footwear, and equipment such as backpacks, tents, and sleeping bags. Its wilderness chic clothing and equipment lines are catered towards college students, climbers, mountaineers, skiers, snowboarders, hikers, and endurance athletes. The company sponsors professional athletes from the worlds of running, climbing, skiing and snowboarding.
The North Face brand was established in 1968 by Douglas Tompkins and Kenneth "Hap" Klopp, in San Francisco who renamed a San Francisco climbing equipment retail store they'd founded two years earlier. The north face of a mountain in the northern hemisphere is generally the coldest, iciest and most formidable route to climb. For a time the store offered only highly selected merchandize targeted to climbers and backpackers. By the 1980s, skiwear was added, followed by camping equipment.
Today, The North Face is a wholly owned subsidiary of the VF Corporation. Its headquarters is in Alameda, California, co-located with its corporate sibling, JanSport. In 2007, JanSport was the world's largest backpack maker; combined, the two manufactured nearly half of all small backpacks sold in the United States.

Business Strategy

Market Positioning

Bridge

Core Business

Active Wear

Target

Men
Women
Kids

Product Categories

Accessories
Active Wear
Apparel
Bags
Shoes
 

VF Corporation profile

Name VF Corporation
Website vfc.com
Country United States
VAT Number n.a.
Telephone +1 336 424 6000
Fax +1 336 424 7668
Date of foundation 1899
Type of Company Listed

Headquarters

105 Corporate Center Blvd.27408 - Greensboro, North Carolina

Ownership (Top Shareholders)

PNC FINANCIAL SERVICES GROUP,INC: 19.65%
CAPITAL WORLD INVESTORS: 7.17%
FMR LLC: 4.90%
THE VANGUARD GROUP,INC: 3.74%
STATE STREET CORPORATION: 3.46%
JP MORGAN CHASE&COMPANY: 2.39%
BLACKROCK FUND ADVISORS: 2.11%
CAPITAL RESEARCH GLOBAL INVESTORS: 1.99%
NORTHERN TRUST CORPORATION 1.97%
BLACKROCK INSTITUTIONAL TRUST COMPANY N.A.: 1.92%
WASHINGTON MUTUAL INVESTORS FUND 4.62%

The North Face Latest News

The North Face parent company is reorganizing its Asian business
On June 29, New York time, VF Corp., the parent company of Vans, The North Face and Timberland, stated that it is restructuring its Asian business and plans to establish a new position-President of Greater China this summer. This position will be responsible for VF's business in Mainland China, Hong Kong and Taiwan. Greater China accounts for approximately 65% ​​of VF's overall business in the Asia-Pacific region, and is expected to grow to nearly 80% by fiscal year 2024.
 
VF Group issues 500 million euros of green bonds, which can provide "carbon storage" for The North Face
On February 27th, U.S. time, the garment company VF Group issued a 500 million euro bond financing, which will be used to finance its sustainable products and materials, sustainable operations, supply chain projects, and its brands Timberland, Vans, The North Face and Dickies Provide "carbon sequestration".
 
The North Face releases its first fashion collection
The American outdoor brand The North Face launched its first fashion series "Black Series" during Paris Fashion Week on February 24, led by the brand’s global creative director Tim Hamilton. Most of the products are made of the brand’s new breathable and waterproof materials. Futurelight". This series will be on sale at brand stores and retail partners on February 26, with prices ranging from 50 euros to 1220 euros.
 
VF Corporation sales increased by 5% to 3.38 billion US dollars, of which The North Face increased by 8%
In the three months to the end of December 2019, VF Corporation's sales increased by 5% to US$3.38 billion, which exceeded previous market expectations. Net income was basically flat at US$465 million. Among them, Vans brand sales increased by 12%, and The North Face increased by 8%. Despite the good performance in the third quarter, the company still lowered its full-year performance forecast. (Source: Market Watch)

The North Face Marketing Research

Technology in Fashion

Technology has been the biggest topic of conversation in every sphere of the industry for over a deca...

67 pages

Artificial Intelligence in Retail

Artificial Intelligence is bringing about a revolution in all possible industries, and fashion is no ...

32 pages

Ethical and Green Fashion

Can Fashion really be eco-friendly? Or does it signify that somewhere there needs to be a compromise ...

58 pages

Fashionbi Index Book 2014

A brand's consideration has become so central in contemporary marketing and communication activities ...

102 pages

WeChat Marketing Strategies for Fashion & Luxury Brands

 With 355 million monthly active users as of March 2014, WeChat has managed to catch the attention of...

107 pages

Sina Weibo for Fashion and Luxury Industry

 With more than 230 million active users in China, the world's largest luxury market, Weibo cannot be...

62 pages

Omni-Channel Retailing: The Future Trend in Fashion and Luxury Industry - Part 1/2

 Omni Channel Retailing is gaining popularity across the Fashion & Luxury industry. This marketin...

96 pages
 

Are you from The North Face?

Or perhaps you need help to leverage your brand's power to deliver real business impact?

We have solutions for your needs!

Contact Us