What is Hansae's strategy for vertical integration, and how does its acquisition of C&T fit into this plan? [Yahoo! Finance]
V.F. Corporation (VFC)
Last v.f. corporation earnings: 1/23 06:55 am
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Source: Yahoo! Finance
Hansae's strategy for vertical integration involves acquiring textile mills in strategic locations to support swifter speed to market for its customers. The acquisition of C&T in 2013 is a key part of this plan, as it allows Hansae to produce textiles in-house and reduce its reliance on external suppliers. According to the article, 'This plan has played out in Vietnam through the acquisition of fabric manufacturer Color & Touch (C&T) in 2013.' Was this helpful? Yes No Why is Hansae reducing its reliance on Chinese fabric and materials, and how is C&T's Vietnamese materials base supporting this effort? Hansae is reducing its reliance on Chinese fabric and materials due to the vulnerabilities exposed during the pandemic, when operations and transportation from China stalled. C&T's Vietnamese materials base is supporting this effort by providing a diversified textile sourcing footprint. According to the article, 'Hansae and C&T have sought to avoid exposure to China fabric by
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VFC
Earnings
- 10/28/24 - Beat
VFC
Sec Filings
- 11/14/24 - Form SC
- 10/30/24 - Form 10-Q
- 10/30/24 - Form 8-K
- VFC's page on the SEC website