Top VF Corporation Competitors & Similar Companies
Published in Companies category by MBA Skool Team
VF Corporation is an US based apparel and footwear company that began its journey in 1899. Operating from its headquarters at Greensboro, North Carolina, the company not only deals in apparel and footwear but also enjoys a market share of around 55% in the backpack sector in the US market. The company is planning to shift its headquarters to Denver as it is trying to alter its focus to outdoor wears.
In any business, there are several companies & brands which compete with each other by offering similar products & services.
For any company to thrive, it is not only important for them to improve their own products, but to also look at what their competitor is offering.
Below we look at the top 7 competitors of VF Corporation.
1. Ralph Lauren:
Ralph Lauren is a well-known American company which was founded in 1967 by Ralph Lauren. It has its headquarters in the New York city, USA. Ralph Lauren has an employee strength of 15,000 employees and a total net assets of around US$ 6.2 billion.
2. Under Armour:
Under Armour is a manufacturer of footwear, sportswear and casual apparel based in United States of America. The company was started in 1996 by a 23-year old Kevin Plank in Washington DC who later moved the operations to Baltimore. Under Armour is most famous for being the market pioneer in moisture-absorbing and innovative apparel for sportspersons.
Found in 1964, Nike is an American conglomerate has its presence in engaged in manufacturing, design, development, and worldwide marketing and sales of apparel, footwear, equipment, accessories and services. It is one of the world's largest manufacturers and suppliers of athletic shoes, sportswear and a major manufacturer of sports equipment. With its presence worldwide Nike markets its products under its own brand, as well as Nike+, Nike Golf, Nike Pro, Nike Blazers, Air Jordan, Air Force 1, Nike Dunk, Air Max, Foamposite, etc.
Adidas is one of the world’s largest sports goods and accessories manufacturer. Adi Dassler registered the “Gebrüder Dassler Schuhfabrik” in 1924 with a mission to provide athletes with the best possible equipment since then. Adidas is headquartered in Herzogenaurach, Germany and it employees 54,000+ people.
Puma is a brand known for its sports and fitness products in all categories including shoes, shirts, jackets, accessories etc. It has made its presence around the world by opening company owned stores and by franchise model. Puma was first established in Germany after the split between the shoe company of two brothers Adolf Dassler and Rudolf Dassler, from with Rudolf established Puma and Adolf established Adidas.
Sears is a retail store which originated in USA by Richard Waren Sears and Alvah Curtis in 1892 in Chicago. At first, it started as a mail order catalog company, which later went on to become a retail store in 1925. In 2005, Sears was merged with Kmart which changed to “Sears Holdings”.
Gap Inc is an American clothing and accessories retailer centered in California, USA. It was founded in 1969 by Donald Fisher and Doris Fisher. It operates in Global specialty apparel retail industry.
To conclude, the above article highlights the various competitors which compete with VF Corporation. This understanding helps to evaluate the various external business factors for any company.
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
Browse analysis of more brands and companies similar to VF Corporation. This section covers many brands and companies.