Timberland Buy north face Buy north face continue deal with Reliance

buy north face Global footwear and apparel brand Timberland which is associated with Reliance Brands in India is expected Buy north face continue its association with them inspire of the fact that VF Corporation took it over globally. Timberland with expected revenues of $ 1.6 billion in 2011 — over half of which are Buy north face generated internationally — is synonymous with high quality outdoor footwear and apparel. The footwear giant signed a distribution agreement with Reliance Brands and opened its first outlet in August last year in India. At present Timberland products are being sold at seven outlets in India. By the end of 2011, six more outlets are planned.

US-based VF Corporation is in the process of buying Timberland in an all-cash deal for $2 billion. The company is confident in its ability Buy north face maintain Timberland’s momentum by adding Timberland’s strong brands Buy north face its powerful portfolio of outdoor and action sports brands, which include The North Face, Vans, Jan Sport, Reef, Lucy, Eastlake, Napapijri and Eagle Creek. The Buy north face transaction, expected Buy north face be completed in the third quarter, would add about $700 million Buy north face VF’s overall revenues in 2011. Also the north face buy company owns over 30 brands including Wrangler, Lee, Nautical and Jan Sport. In India, VF Corporation has a strong presence through Arvin and Maxis Retail Put Ltd.

Par northfacey1 le mardi 19 juillet 2011

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