VF Corporation (also referred to as “VF”), the parent company of outdoor and lifestyle brands such as The North Face, Vans, Timberland, and Supreme, announced its key financial data for the fourth quarter of the 2023 fiscal year ending April 1, following the closing of the market on May 23, Eastern Time.
Due to a decline in revenue in VF’s largest market, the Americas, the sales revenue decreased by 3% year-on-year to $2.74 billion, remaining flat compared to the previous year on a fixed exchange rate basis. However, the Greater China region recorded a 10% growth in …