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VF Corporation Announces Plan to Establish Growth in Asia | Retail & Leisure International

VF Corporation Announces Plan to Establish Growth in Asia | Retail & Leisure International
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VF Corporation Announces Regional Transformation Plan to Enable Long-term Growth in Asia


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VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced a transformation plan for its Asia Pacific operations focused on evolving the region’s organizational design and footprint, and building new capabilities to accelerate growth for its brands.
As part of its transformation initiative, VF will move the center of its brand operations from Hong Kong to Shanghai where the company currently employs approximately 900 office and retail associates. VF’s Asia Product Supply Hub, which serves as the base of operations for its global supply chain in the region, will also move from Hong Kong and relocate to Singapore. An additional shared services center for the region will be established in Kuala Lumpur, Malaysia. VF will activate a phased transition plan to guide these relocations over the next 12 to 18 months with the first moves expecte ....

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Asia Pacific - VF Corp announces transformation plan for Asia Pacific operations


Asia Pacific - VF Corp announces transformation plan for Asia Pacific operations
12 January 2021
The U.S. headquartered apparel group, VF Corp., said the transformation plan for its Asia Pacific operations is focussed on evolving the region’s organisational design and footprint as well as building new capabilities to accelerate growth for its brands. Report by ILM.
 
 
As part of its transformation initiative, VF said it will move the centre of its brand operations from Hong Kong to Shanghai, where the company currently employs approximately 900 office and retail associates. VF’s Asia Product Supply Hub, which serves as the base of operations for its global supply chain in the region, will also move from Hong Kong and relocate to Singapore. An additional shared services center for the region will be established in Kuala Lumpur, Malaysia. VF said it will activate a phased transition plan to guide these relocations over the next 12 to 18 months, with the ....

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VF Corp rejigs Asia sourcing operations to boost speed


VF Corporation, owner of brands including The North Face, Timberland and Vans, is shifting its Product Supply Hub - which serves as the base of its global supply chain in Asia - from Hong Kong to Singapore, amid plans to boost speed and capabilities.
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