VF Corp. Completes Dickies Sale
VFC closed the deal to sell the workwear brand to Bluestar Alliance for $600 million in cash, as part of VF’s Reinvent turnaround strategy, with the proceeds going to reduce its net debt level. VF acquired Dickies in 2017 for $820 million, but the brand’s revenue has declined in recent years, dropping ... Log in to view full article.
