Apparel retailer, VF Corporation delivered a below-par result after failing to meet market expectations in terms of both, revenues as well as earnings. Despite the bad result, the management have maintained their view for the 2022 fiscal on account of a strong recovery in demand at both, wholesale as well as direct-to-consumer level. The company’s overall top-line grew by 23%, driven mainly by the direct-to-consumer channel that grew by 32% and a digital revenue growth of 24%. Around 4% of the t ....
