×
115
Fashion Jobs
L'OREAL GROUP
Senior Manager - Digital Marketing & D2C, Kerastase
Permanent · Mumbai
NIKE
Lead Product Management – ed&a, Icc, India
Permanent · Bengaluru
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
PUMA
Senior Manager - Golf Sales (Cpg-Cobra Puma Golf)
Permanent · Bengaluru
PUMA
Manager - Accounts Payable
Permanent · Bengaluru
PUMA
Senior Manager – Teamsport Sales
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
PUMA
Manager – Customer Reconciliation And Accounts
Permanent · Bengaluru
PUMA
Manager – Warehouse Operations (Ecommerce)
Permanent · Gurugram
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
L'OREAL GROUP
Indirect Sourcing Manager
Permanent · Baddi
NIKE
Sap bi Lead Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
NIYOSSHIC LUXURY CONSULTANCY
Social Media Intern
Internship · MUMBAI
SAAHRA
Graphic Design Summer Internships
Internship · NEW DELHI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
BROADCAST THE COMPANY
Business Developement
Internship · MUMBAI
RELIANCE INDUSTRIES LTD
Sales Officer-Reliance Retail-tg
Permanent · Nirmal
GOKALDAS EXPORTS LTD
Safety Officer
Permanent · Madanapalle
Published
Nov 3, 2017
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

VF Corporation to acquire performance label Icebreaker

Published
Nov 3, 2017

VF Corporation announced on Thursday that it has signed a definitive purchase agreement to acquire Icebreaker Holdings, Ltd. The terms of the agreement were not disclosed.


Icebreaker/Instagram

 
Founded by Jeremy Moon in 1995, Icebreaker produces apparel for men, women and children crafted in plant-based and recycled fibers, as well as Merino wool sourced directly from Merino farms in New Zealand. The New Zealand-based brand, which was founded on the belief that “nature always has a better solution,” generated approximately $150 million in revenue and is sold in 47 countries through wholesale, branded retail and e-commerce.
 
The transaction between VF and Icebreaker is to be completed in early 2018, and the addition of Icebreaker will be immediately accretive to earnings per share.

“Bringing the Icebreaker brand into the VF portfolio is a special opportunity,” said Chairman, VF Corp Chairman, President and CEO Steve Rendle. “Together, the SmartWool and Icebreaker brands create an advantaged position for VF as a leader in the growing and underpenetrated natural fiber category.”
 
Prior to signing the purchase agreement with Icebreaker, VF Corp acquired workwear company Dickies for $820 million. The company forecasts that, with the addition Dickies, its annual workwear revenues will reach $1.7 billion.
 
VF in October reported a 5% increase in revenue to $3.5 billion, led by its action sports division, which increased 8% due to Vans’ increase of 28%.

Copyright © 2021 FashionNetwork.com All rights reserved.