Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

Textile World Photo Galleries
November/December 2015 November/December 2015

View Issue  |

Subscribe Now  |


From Farm To Fabric: The Many Faces Of Cotton - The 74th Plenary Meeting of the International Cotton Advisory Committee (ICAC)
12/06/2015 - 12/11/2015

Capstone Course On Nonwoven Product Development
12/07/2015 - 12/11/2015

2nd Morocco International Home Textiles & Homewares Fair
03/16/2016 - 03/19/2016

- more events -

- submit your event -

Printer Friendly
Full Site
Textile News

VF Posts Net Income Gain Of 28 Percent

VF Posts Net IncomeGain Of 28 PercentGreensboro, N.C.-based VF Corp. reported second-quarter 2002 net income increased 28 percent to $88.9 million, up from $69.4 million for the second quarter 2001. Record earnings of 79 cents per share for the quarter compared with 60 cents for the second quarter 2001. VF credits the improved earnings to the success of its strategic repositioning program announced in late 2001 (See News, TW, January 2002). The higher earnings contrasted with lower sales, down 10 percent to $1,193.5 million from $1,323.0 million for the second quarter 2001. The decline reflects a soft retail apparel market and the companys exit from nonstrategic businesses, according to VF. September 2002