Finance
VF Corp. considers sale of Wrangler and Lee jeans: report
Denim
sales are waning.
Facebook/Wrangler
-
VF Corp.
is considering selling or spinning off its denim business,
including iconic American brands Lee and Wrangler, the Wall
Street Journal reported. - VF Corp has owned the brands for decades.
-
The possible move comes as denim sales wane amid the
growing popularity of athletic wear.
Clothing giant VF Corp. is reportedly considering selling or
spinning off its denim business, which includes the iconic
American brands Lee and Wrangler, the Wall Street Journal is
reporting.
The possible move comes following years of waning denim sales
amid soaring demand for athletic wear.
VF Corp. owns more than 30 brands, including Vans, The North
Face, and Timberland.
This is breaking news, check back for updates.
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