VF Corporation is an American apparel corporation. VF corporation sells jeanswear, intimate apparel, daypacks, and workwear. The corporate headquarters are in Greensboro, North Carolina. The company was established first as Reading Glove and Mitten Manufacturing Company in Pennsylvania in October 1899 by John Barbey and a group of investors. The company was started with $11,000 and a 320-square-foot factory that was leased for $60/month. It was incorporated in Pennsylvania on December 4 of that same year. The manufacture of undergarments began in 1919, accompanied by a name change to Vanity... Fair Mills. Shares were sold to the public in 1951. The H.D. Lee Company was acquired by the company in 1969 and the corporate name was changed to VF Corporation to reflect the more diverse product line. Blue Bell Inc., the owner of such brands as Wrangler and JanSport, was acquired in 1986, effectively doubling the size of VF and making it the largest publicly-held apparel company. The company announced the purchase of VF Corporation's underwear business by Fruit of the Loom for $350 million in cash on January 23, 2007.
more
| NYSE symbol: | VFC |
| Founded: | 1899 |
| Headquarters: | Greensboro, North Carolina |
| Legal structure: | Public company |
| Annual revenue: | $7,642,600,000 |
| Net income: | $602,750,000 |
| Operating income: | $939,000,000 |
| Market cap: | $7,800,000,000 |
| Employees: | 53,200 |
| Industries: | Men's and Boys' Cut and Sew Apparel Manufacturing, Textile |