VF Corp’s $2.3 billion acquisition of Timberland, and the fact that the see the brand as one way to “up their apparel content,” as CEO Eric Wiseman said to Women’s Wear Daily, has my trend sensors all-aflutter. After all, it was one thing listening to Francois-Henri Pinault talk about his acquisition of California surf brand Volcam earlier this year in a bid to increase the “sports lifestyle” component of PPR. But now there’s another big group getting pro-active in the sector. We have competition!
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Vanessa has been the FT’s fashion editor since 2003, and is based in New York, though she lived in London for 12 years.