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VF Corporation Completes the Sale of Its Licensed Sports Group Business to Fanatics, Inc.
Last vf earnings: 2/16 06:55 am
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US:NYSE Investor Relations: ir.vfc.com
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GREENSBORO, N.C.--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced that it has completed the sale of its Licensed Sports Group (LSG) business to Fanatics, Inc. VF’s LSG business, which includes the Majestic® brand, supplies apparel and fanwear through licensing agreements with U.S. and international professional sports leagues and teams. The announcement follows the April 4, 2017, news release in which VF announced that it had entered into a definitive agreement with Fanatics regarding the sale of this business. About VF VF Corporation (NYSE: VFC) outfits consumers around the world with its diverse portfolio of iconic lifestyle brands, including Vans®, The North Face®, Timberland®, Wrangler® and Lee®. Founded in 1899, VF is one of the world’s largest apparel, footwear and accessories companies w
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