On August 1st, in the Eastern Time of the United States, VF Corporation, the parent company of outdoor and lifestyle brands such as The North Face, Vans, Timberland, and Supreme, and a major American apparel giant, released its key financial data for the first quarter of the 2024 fiscal year, ending on July 1, 2023. The company reported a year-on-year decline of 8% in sales revenue, both on a reported basis and at constant exchange rates, amounting to $2.086 billion. Net losses further expanded to $57.4 million. However, thanks to a remarkable 24% growth in the Greater China region, w …
