Global revenue of the VF Corporation by segment in 2024
The statistic shows the global revenue of the VF Corporation in fiscal year 2024, broken down by segment. That year, the global revenue generated from the VF Corporation's active segment amounted to over four billion U.S. dollars.
VF Corporation
VF Corporation is an internationally operating company covering the lifestyle and footwear industry. The company's unique brand portfolio sees it move from strength to strength on the global apparel stage. The group owns more than 30 brands. The company's largest ones are "The North Face", "Timberland", and "Vans" to name a few. Its decision to focus on its outdoor and action sports division is an astute move given the lucrative nature of the global sportswear market. VF Corporation's roster of aspirational brands has held it in good stead to capitalize on rising disposable incomes, especially in Asia and Latin America. In 2021, the VF Corporation's outdoor division generated approximately 5.3 billion U.S. dollars. In total, the VF Corporation generated over 11.6 billion U.S. dollars in global revenue in 2023.
The VF Corporation ranked first (based on revenue) in terms of leading apparel companies worldwide in 2020. The company's products are marketed to consumers shopping in specialty stores, department stores, national chains, mass merchants and its own direct-to-consumer operations. Its direct-to-consumer business includes VF-operated stores, concession retail stores and e-commerce sites. The brands are sold through licensees, distributors and independently-operated partnership stores.