VF Names Caroline Brown to Board After Activist Pressure

VF Names Caroline Brown to Board After Activist Pressure

The struggling — and rapidly reinventing — VF Corp. has made peace with activist investor Engaged Capital. VF said it would name luxury and fashion veteran Caroline Brown to its board in the wake of “constructive engagement with VF’s shareholders including Engaged Capital.”  The company said it also “intends to appoint to the board another … Read more

VF Corp, parent company of Supreme, the North Face and Vans, impacted by cybersecurity incident

VF Corp, parent company of Supreme, the North Face and Vans, impacted by cybersecurity incident

The parent company behind popular brands like The North Face, Supreme and Vans said it experienced a cybersecurity incident that affected its online order fulfillment capabilities. VF Corp. said in a Monday filing with the Securities and Exchange Commission that a threat actor recently encrypted some of its information technology (IT) systems, leading to online … Read more