VF Corporation has long been an important stakeholder in the denim market, as the owner of heritage brands Lee and Wrangler, as well as 7 for All Mankind, one of the brands that launched the beginning of the premium denim market.
VF Corp. has now announced that it is selling its contemporary brand portfolio, which includes 7 For All Mankind, Splendid and Ella Moss, to Israeli apparel company Delta Galil Industries, Ltd.
Read more at Rivet.