VF Corporation Completes the Sale of its Contemporary Brands Businesses to Delta Galil Industries, Ltd.
August 26 2016 - 5:00PM
Business Wire
VF Corporation (NYSE: VFC) today announced that it has completed
the sale of its Contemporary Brands businesses to Delta Galil
Industries, Ltd (DELT/Tel Aviv Stock Exchange, DELTY.PK/OTCQX). The
brands included in the transaction are 7 for All Mankind®,
Splendid® and Ella Moss®.
This announcement follows the June 30, 2016, news release in
which VF announced that it had entered into a definitive agreement
with Delta Galil regarding the sale of these businesses.
About VF
VF Corporation (NYSE: VFC) is a global leader in the design,
manufacture, marketing and distribution of branded lifestyle
apparel, footwear and accessories. The company’s diversified
portfolio of powerful brands spans numerous geographies, product
categories, consumer demographics and sales channels, giving VF a
unique industry position and the ability to create sustainable,
long-term growth for our customers and shareholders. The company’s
largest brands are The North Face®, Vans®, Timberland®,
Wrangler®, Lee® and Nautica®. For more information,
visit www.vfc.com.
About Delta Galil Industries
Delta Galil Industries is a global manufacturer and marketer of
branded and private label apparel products for men, women and
children. Since its inception in 1975, the Company has continually
strived to create products that follow a body-before-fabric
philosophy, placing equal emphasis on comfort, aesthetics and
quality. Delta Galil develops innovative seamless apparel including
bras, shapewear and socks; intimate apparel for women; extensive
lines of underwear for men; activewear, sleepwear and leisurewear.
For more information, visit www.deltagalil.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160826005536/en/
VF CorporationLance Allega, 336-424-6082VP, Investor Relations
& Strategic AccountsorCraig Hodges, 336-424-5636Senior
Director, Corporate Communications
VF (NYSE:VFC)
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