VF Corp. Eyeing More Acquisitions

　　SportsOneSOURCE     Posted： 6/20/2007

　　VF Corp. plans to keep up its pace of acquisitions with a keen eye on outdoor and sportswear brands that cater to women， its  chief executive sAID at the Reuters Consumer and Retail Summit in New York...

　　“We have a lot more reSOURCEs behind our acquisition strategy today，” CEO Mackey McDonald sAID， according to Reuters. “Part  of that is （because） it's tougher. Everyone is aware of the fact that it's a tough climate out there with a lot of private  equity funds looking for opportunities.”

　　Besides finds brands catering to women， VF Corp is also looking for brands with international exposure. About 25 percent of  VF's revenue currently comes from overseas， but McDonald sAID he is aiming to increase that to 30 percent by 2009.

　　McDonald， according to Reuters， sAID part of the reason VF is evaluating opportunities is because the pace of retail buyouts  doesnt' seem to be slowingn down.

　　“Our focus today continues to be on the outdoor and sportswear categories， and probably with a little more emphasis on the  female side，” he said.

　　Among its recent acquisitions over the last few years have been Vans， Reef， Kipling and Napapijri， as well as Majestic  Athletic and Eagle Creek earlier this year.

　　Aside from its “clear focus on acquisitions，” McDonald sAID the company was also looking to grow through overseas expansion  for its current stable of brands and by opening its own single-brand retail stores.

　　VF's Vans brand currently operates about 140 retail stores. VF is also building more stores to sell its North Face， Reef，  Kipling， Napapijri and John Varvatos brands.

　　“We will have close to 900 of our own retail outlets by the end of 2009，” McDonald sAID， up from about 600 at present. by the end of 2009，“ McDonald sAID， up from about 600 at present.

　　VF Corp. 热衷收购

　　VF Corp.的董事长在纽约举办的Consumer and Retail峰会上表示公司将会继续收购户外和女性运动装品牌。

　　CEO Mackey McDonald 在接受Reuters采访时表示对收购的前景很乐观。

　　“We have a lot more reSOURCEs behind our acquisition strategy today，” CEO Mackey McDonald sAID， according to Reuters. “Part  of that is （because） it's tougher. Everyone is aware of the fact that it's a tough climate out there with a lot of private  equity funds looking for opportunities.”

　　除了那些针对女性的品牌，VF Corp还把部分注意力放在了一些国际品牌上。VF's现在的收入有25%来自海外市场，McDonald表示到2009年将会把这一比例提高到30%。

　　McDonald认为VF仍会不断的并购。

　　“我们的重点仍会放在户外和运动服饰领域，尤其是女性品牌。”

　　经过最近的一系列收购，Vans， Reef， Kipling， Napapijri， Majestic  Athletic，Eagle Creek都已并入VF Corp.

　　除了收购外，公司还希望能凭借稳固的品牌优势进行海外扩张，同时以开设自有品牌的专营店的方式获得发展。

　　VF Corp.的Vans品牌现在有140个零售店。North Face， Reef，  Kipling， Napapijri ，John Varvatos

　　等品牌的门店规模也在不断扩大。

　　McDonald称到2009年底公司的零售店面将从现在的600家增加到900家。