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Stock impact report

Blue-collar clothing brand Dickies bucks recent trend by moving from Texas to California [Yahoo! Finance]

V.F. Corporation (VFC) 
Last v.f. corporation earnings: 1/23 06:55 am Check Earnings Report
US:NYSE Investor Relations: ir.vfc.com
Company Research Source: Yahoo! Finance
The Los Angeles Times reported that the company will be moving from Fort Worth to Costa Mesa to share a space with its sister brand Vans. VF Corp., the brand's parent owner also owns North Face, Timberland and JanSport, the outlet reported. Companies like Space X and Chevron previously chose to move their companies from California to Texas in search of lower real estate prices, better tax laws and fewer restrictions. Dickies' move is due to impact 120 employees, the company told the outlet. “This move allows VF to further consolidate its US real estate portfolio as part of its stated business turnaround strategy,” a spokesperson for VF told the newspaper. The move should also foster a collaboration between Vans and Dickies employees to “create an even more vibrant campus where creativity and best practice sharing can thrive through greater collaboration and connections,” they added. The company hopes the relocation process will be completed by May. Chief Executive of Retail Show less Read more
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