-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NxWciJtAn0TF0N4/UDPyJCRoPAcCfmUWBtpxPJjZcgqWeyCNxBD5RhbeKmtgl5Wi L6zAZOkC8x58eux3cUgH5A== 0000893220-04-000676.txt : 20040415 0000893220-04-000676.hdr.sgml : 20040415 20040415123318 ACCESSION NUMBER: 0000893220-04-000676 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20040414 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20040415 FILER: COMPANY DATA: COMPANY CONFORMED NAME: V F CORP CENTRAL INDEX KEY: 0000103379 STANDARD INDUSTRIAL CLASSIFICATION: MEN'S & BOYS' FURNISHINGS, WORK CLOTHING, AND ALLIED GARMENTS [2320] IRS NUMBER: 231180120 STATE OF INCORPORATION: PA FISCAL YEAR END: 0103 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05256 FILM NUMBER: 04735255 BUSINESS ADDRESS: STREET 1: 628 GREEN VALLEY RD., STE. 500 CITY: GREENSBORO STATE: NC ZIP: 27408 BUSINESS PHONE: (336)547-6000 MAIL ADDRESS: STREET 2: PO BOX 21488 CITY: GREENSBORO STATE: NC ZIP: 27420 FORMER COMPANY: FORMER CONFORMED NAME: VF CORPORATION DATE OF NAME CHANGE: 19900621 FORMER COMPANY: FORMER CONFORMED NAME: VANITY FAIR MILLS INC DATE OF NAME CHANGE: 19690520 8-K 1 w96240e8vk.htm FORM 8-K V. F. CORPORATION e8vk
Table of Contents

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report: April 14, 2004

Commission file number: 1-5256

V. F. CORPORATION


(Exact name of registrant as specified in its charter)
     
Pennsylvania   23-1180120

 
 
 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification number)

105 Corporate Center Boulevard
Greensboro, North Carolina 27408

(Address of principal executive offices)

(336) 424-6000
(Registrant’s telephone number, including area code)

 


TABLE OF CONTENTS

ITEM 9 — Regulation FD Disclosure
SIGNATURES
EXHIBIT INDEX
PRESS RELEASE ISSUED BY VF CORPORATION ON 4-14-04


Table of Contents

ITEM 9 — Regulation FD Disclosure

The following information is furnished pursuant to Item 9, “Regulation FD Disclosure.” On April 14, 2004, V.F. Corporation (“VF”) issued a press release announcing that it has entered into an agreement to acquire Green Sport Monte Bianco S.p.A. (“Green Sport”). A copy of the press release is attached hereto as Exhibit (99.1) and hereby incorporated by reference.

  99.1   Press release issued by VF Corporation on April 14, 2004.

2


Table of Contents

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

             
    V.F. CORPORATION
(Registrant)
 
           
  By:   /s/ Robert K. Shearer    
     
 
   
      Robert K. Shearer
Vice President — Finance & Global
Processes and Chief Financial Officer
(Chief Financial Officer)
   

Date: April 14, 2004

3


Table of Contents

EXHIBIT INDEX

                 
EXHIBIT        
NUMBER   DESCRIPTION   SEQUENTIAL PAGE NUMBER
99.1
  Press release issued by
    5  
 
  VF Corporation on
       
 
  April 14, 2004
       

4

EX-99.1 3 w96240exv99w1.htm PRESS RELEASE ISSUED BY VF CORPORATION ON 4-14-04 exv99w1
 

(VF LOGO)

FOR IMMEDIATE RELEASE

VF TO ACQUIRE NAPAPIJRI® BRAND
Addition of Fast Growing Casual Outdoor Brand Will Expand VF’s Outdoor Portfolio

Greensboro, North Carolina — April 14, 2004 — VF Corporation (NYSE: VFC) announced today that it has entered into an agreement to acquire Green Sport Monte Bianco S.p.A. (“Green Sport”). Headquartered in Aosta, Italy, Green Sport designs and markets premium casual outdoor apparel under the Napapijri® brand. The company’s sales were approximately $76 million (63 million euros) in 2003, up 18% from 2002 levels.

Nearly 80% of Green Sport’s sales are in Europe. Sales of Napapijri® (pronounced “napa-peery”) brand products are evenly distributed among sporting goods, department and urban lifestyle stores. The company has both wholesale and retail operations, with three owned retail stores located in Paris, Milan and Chamonix. An additional 14 stores are operated in partnership with retailers in Europe and Japan.

“We’re delighted to be adding the Napapijri® brand to our growing Outdoor coalition,” said Mackey J. McDonald, chairman and chief executive officer of VF. “This acquisition is exactly in keeping with our goal of adding fast growing brands in attractive market segments.” He noted that the acquisition is expected to be neutral to VF’s earnings in 2004 and slightly accretive in 2005.

Added Guiliana Rosset, chief executive officer of Green Sport, “VF is a great company, with the resources and global reach to significantly grow the Napapijri® brand.”

“We see the opportunity for continued double-digit growth for the Napapijri® brand, both throughout Europe and in the U.S.,” said Eric Wiseman, vice president and chairman of VF’s Sportswear and Outdoor Coalitions. “Under Guiliana’s leadership, we look forward to using the great design talent behind the Napapijri® brand to strengthen our sportswear platform in Europe, enabling additional growth for The North Face® brand and assisting in the European launch of the Nautica® brand. At the same time, VF’s well-established base in Europe will support future sales growth and ensure an efficient business model.”

Green Sport will become part of VF’s International Outdoor division. Ms. Rosset will report to Karl Heinz Salzburger, president of VF’s International Outdoor division. Mike Egeck, president of The North Face, will have responsibility for the Napapijri® brand in the U.S.

The acquisition, which will be funded with existing cash balances and is expected to be completed by the end of June, is subject to normal closing conditions.

For additional information, a Fact Sheet on the Napapijri® brand can be found on VF’s website.

 


 

Page 2 of 2
April 14,2004

About the Company
VF Corporation is the world’s largest apparel company and a leader in jeanswear, intimate apparel, sportswear, workwear and daypacks. Its principal brands include Lee®, Wrangler®, Riders®, Rustler®, Vanity Fair®, Vassarette®, Bestform®, Lily of France®, Nautica®, Earl Jean®, John Varvatos®, Healthtex®, JanSport®, Eastpak®, The North Face®, Lee Sport® and Red Kap®.

     VF Corporation’s press releases, annual report and other information can be accessed through the Company’s website, www.vfc.com.

     
Contacts:
   
North America:
  Cindy Knoebel
  VP, Financial & Corporate Communications
  VF Services, Inc.
  (212) 841-7141
 
   
Europe:
  Raffaella Bongiasca
  Napapijri
  Via Fatebenefratelli, 20/22
  20121 Milano
  Tel. 39 02 29061994

###

 

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