Home » Sneakers

VF Corporation Acquires Timberland for $2 Billion

Submitted by on June 14, 2011 – 8:37 amNo Comment

Timberland, a brand which has transcended workwear and streetwear to become an all encompassing lifestyle brand has been purchased for the neat sum of $2 billion. The acquisition was announced  Monday morning, and the transition cost the internationally acclaimed VF Corporation a tidy sum of $43 per share which translates into roughly $2 billion dollars for the company that made it cool to sport work boots, no matter the weather. If you’re wondering just what the heck the VF Corporation is, you’re not alone. I had to look it up and my investigation shed light on the corporation which owns more than 30 brands including The North Face, Vans, and Nautica. I’m no financial forecaster, but details on the announcement and subsequent transition can be caught up here.

Related Posts with Thumbnails

Leave a comment!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS. Be nice. Keep it clean. Stay on topic. No spam.

We want to keep in touch with you. If you give us your email address, you may receive marketing emails from the DJ Networks family. We hope that's cool.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.