VF Corporation, the American parent company of The North Face, Vans, and Timberland, is seeing the first signs of stabilization after a period of restructuring. However, sales are still declining due to tariff pressure and the loss of Dickies.
Growth in the outdoor market
In the first half of the 2025/26 financial year, which ended on September 27, sales rose slightly by 0.8% to $4.56 billion (around €4.23 billion). However, at constant exchange rates, there was a decline of 0.9%. Fortunately, the profit figures were better: adjusted operating profit rose by more than 30% to $274 million (€255 million). The margin improved from 4.6% to 6%.
