VF Corporation Announces Active and Productive Talks with Major League Baseball Regarding the Company’s Easton, Pa., Facility

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GREENSBORO, N.C.--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC) today announced that it is in ongoing, productive talks with Major League Baseball (MLB) with a collective goal to ensure that VF’s Easton, Pa., facility continues to produce on-field uniforms for MLB for a very long time. VF’s Easton facility, which employs about 600 workers, currently produces all on-field uniforms for MLB under the Majestic® brand.

VF announced in March 2016 that it was exploring strategic alternatives for its Licensed Sports Group (LSG), a business unit that includes the Majestic® brand, the official on-field uniform provider for MLB. Also included in the company’s LSG business is apparel and fanwear through licensing agreements with U.S. and international professional sports leagues and lifestyle brands.

About VF

VF Corporation (NYSE: VFC) is a global leader in the design, manufacture, marketing and distribution of branded lifestyle apparel, footwear and accessories. The company’s highly diversified portfolio of 30 powerful brands spans numerous geographies, product categories, consumer demographics and sales channels, giving VF a unique industry position and the ability to create sustainable, long-term growth for our customers and shareholders. The company’s largest brands are The North Face®, Vans®, Timberland®, Wrangler®, Lee® and Nautica®. For more information, visit www.vfc.com.

VF Corporation
Lance Allega, 336-424-6082
VP, Investor Relations
or
Craig Hodges, 336-424-5636
Senior Director, Corporate Communications

Source: VF Corporation

Released December 5, 2016