VF looks for more things to buy

June 20, 2007

vf2.jpgVF Corp. already makes Lee jeans, North Face jackets and Nautica sportswear. Now the company is looking for more brands to put in its closet.

Chief Executive Mackey McDonald told the Reuters Consumer and Retail Summit that the company is eyeing more outdoor and sportswear brands that cater to women as it keeps up its acquisition pace.

“We have a lot more resources behind our acquisition strategy today,” McDonald said. “Part of that is (because) it’s tougher. Everyone is aware of the fact that it’s a tough climate out there with a lot of private equity funds looking for opportunities.”

Video: VF CEO on acquisitions

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