VF Corporation Ranks Among 2010 InformationWeek 500
Global Apparel Company Receives Recognition for Enhancing Consumer Experiences
MONARCH BEACH, Calif.-- VF Corporation (NYSE: VFC) today announced that it ranked 89th on this year's InformationWeek 500 - a list of the top technology innovators in the U.S. The annual list was revealed last night at a gala awards ceremony at the exclusive InformationWeek 500 Conference taking place at the St. Regis Monarch Beach Resort, Dana Point, CA.
VF ranked 89th overall, marking the highest ranking the company has achieved on the annual list. VF also received recognition as an industry finalist in the consumer goods category and will be profiled in an upcoming InformationWeek magazine issue highlighting this year's InformationWeek 500.
"Technology plays an important role in enabling VF's success. Our team has made it a key priority to further this role by implementing robust processes that align with VF's growth strategies and developing innovative solutions to meet business requirements," said Martin Schneider, VF Vice President and Chief Information Officer. "Gaining recognition as part of the InformationWeek 500 is an acknowledgement of our strong teamwork and the progress we've made. We are honored to be among this year's InformationWeek 500 recipients."
Over the past year, VF's Information Technology group has collaborated with business partners across the company on key initiatives to position the company for future growth. Key projects included new e-commerce sites and retail systems to enhance consumers' online and in-store experiences and supply chain-related efficiency and cost-reduction initiatives.
"For 22 years, the InformationWeek 500 has honored the most innovative users of business technology," said InformationWeek Editor In Chief Rob Preston. "As we start to emerge from the worst recession in decades, the IT focus is now on driving growth--new sources of revenue, new relationships with customers, even new business models. This year's ranking placed special emphasis on those companies and business technology executives leading that charge."
InformationWeek identifies and honors the nation's most innovative users of information technology with its annual 500 listing, and also tracks the technology, strategies, investments and administrative practices of America's best-known companies. Top winners have included: CME Group, Conway, National Semiconductor, Kimberly-Clark, Hilton Hotels and Unum. The InformationWeek 500 rankings are unique among corporate rankings as it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders.
Additional details on the InformationWeek 500 can be found online at www.informationweek.com/iw500/.
About VF
VF Corporation is a global leader in branded lifestyle apparel with more than 30 brands, including Wrangler(R), The North Face(R), Lee(R), Vans(R), Nautica(R), 7 For All Mankind(R), Eagle Creek(R), Eastpak(R), Ella Moss(R), JanSport(R), lucy(R), John Varvatos(R), Kipling(R), Majestic(R), Napapijri(R), Red Kap(R), Reef(R), Riders(R) and Splendid(R).
VF Corporation's press releases, annual report and other information can be accessed through the Company's home page, www.vfc.com.
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Source: VF Corporation
Released September 15, 2010