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Stock impact report

Why would Dickies move to California? A closer look at parent company VF offers clues [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
But a closer look at the finances and strategies of Dickies' beleaguered parent company, VF Corp ., offers some insights into why the nearly $10 billion publicly traded company is making the surprise move. Founded in Fort Worth in 1922 by C.N. Williamson and E.E. “Colonel” Dickie, the Dickies headquarters will be relocating to Costa Mesa in Orange County, California, where VF-owned footwear company Vans is located. The move is expected to be complete by May and will impact about 120 employees. Dickies' Fort Worth distribution center, warehouse and retail locations will remain open. VF Corp., founded in Pennsylvania in 1899 as a glove and mitten manufacturer, has evolved over the past 125 years from silk lingerie in the early 1900s, to the denim business starting in the 1970s with Lee, Wrangler and other brands. In the 2000s, VF shifted to active lifestyle and workwear apparel. In 2019, VF moved its corporate home from the denim belt of North Carolina to the mountains of Denver, Show less Read more
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