VF Corp unveils new identity, sets revenue and profit targets for 2024

Providing an update to the company’s strategic growth plan and key initiatives to deliver long-term sustainable growth and value creation, VF Corporation said in a statement that the company’s revenue through fiscal 2024 is expected to grow at a five-year compounded annual growth rate (CAGR) between 7 percent and 8 percent, fuelled by VF’s largest brands Vans, The North Face, Timberland and Dickies and the company’s international and direct-to-consumer business platforms. As part of the Investor Day event, VF is also introducing a new corporate logo and branding, the company’s first such update in 21 years.