VF aims to double sales
Print Edition
US-BASED VF Corp, parent of North Face and Lee, yesterday opened its US$62 million distribution center in Shanghai’s neighboring Kunshan City to power its ambition to double China sales by 2017.
It is the company’s largest infrastructure investment in China, VF said. The facility is now able to handle 10 million units of clothing and footwear each year, and the amount is expected to triple when the center is running at full capacity.
Eric Wiseman, global chairman and CEO of VF Corp, said revenue in China was US$500 million last year and the company expects it to double by 2017.
“It’s our wish that we will continue to grow in China, necessitating us to build another distribution facility nearby where we already have the land to do that,” said Wiseman.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
