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VF Eyes More Direct-to-Consumer and More Investment in China by 2021

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Now that it’s clear status quo won’t hold, companies are focused on supply chain overhauls that will bring them closer in line with what the market wants.

VF Corporation introduced its 2021 Strategic Growth Plan Thursday, which it said will address the quickly changing market landscape and deliver on shareholder returns.

“Our 2021 strategic growth plan fuels our aspiration to consistently grow by creating amazing products and brand experiences that transform and improve the lives of consumers worldwide,” VF president and CEO Steve Rendle, said. “We remain sharply focused on our diversified value creation model, which is designed to deliver solid results across the many and varied business cycles and economies around the world.”

Read more at Sourcing Journal.

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