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VF Corp. Latest Acquisition Will Expand its Active Footwear Presence

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

VF Corp.’s latest acquisition could help broaden its reach the global active footwear market. VF said Wednesday it has signed an agreement to purchase footwear brand Altra from Icon Health & Fitness Inc., which owns connected fitness brands including NordicTrack and ProForm. According to VF, Altra generated roughly $50 million in revenue in the last year. The transaction…

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