July 8, 2003 |
VF Corp., the world's largest jeans maker, Monday said that it agreed to buy designer Nautica Enterprises Inc. for about $586 million, expanding into brands sold in upscale department stores. Nautica, known for preppy, all-American styles that compete with those of Tommy Hilfiger Corp. and Polo Ralph Lauren Corp., also owns the pricey Earl Jeans brand. Greensboro, N.C.
April 28, 2004 |
Vans Inc., a trailblazing Southern California maker of shoes for skateboarders, agreed Tuesday to be bought by apparel giant VF Corp. for $396 million in cash. Vans would retain its name and headquarters in Santa Fe Springs, but the proposed purchase by Greensboro, N.C.-based VF -- the nation's largest publicly held apparel company and a major producer of jeans and bras -- would mean a notable shift for an icon of youth culture.