VF Reports Higher Second-Quarter Profit on Strength at The North Face
VF reported net income of $285.3 million, or 71 cents a share, compared with $189.8 million a year earlier. Growth at The North Face and Timberland and a turnaround in Vans direct sales supported the increase.
By Adriano MarcheseVF posted a higher profit in the second quarter, driven by steady growth at The North Face and Timberland, alongside a turnaround in direct sales at Vans.The Apparel and footwear company on Wednesday posted net income of $285.3 million, or 71 cents a share, compared with $189.8 m…