{"id":32040,"date":"2018-02-21T05:43:20","date_gmt":"2018-02-21T12:43:20","guid":{"rendered":"https:\/\/www.denimsandjeans.com\/?p=32040"},"modified":"2018-10-11T10:18:09","modified_gmt":"2018-10-11T04:48:09","slug":"vf-shows-20-per-cent-growth-q4-anaylsis","status":"publish","type":"post","link":"https:\/\/www.denimsandjeans.com\/recovery\/latest-denim-reports\/denim-data-figures\/vf-shows-20-per-cent-growth-q4-anaylsis\/32040","title":{"rendered":"VF Shows 20 Per Cent Growth In Q4 | Anaylsis"},"content":{"rendered":"

VF has come out with very encouraging results for the fourth quarter of 2017 showing a growth of 20% to reach a turnover of about USD 3.64 billion. The group has been facing tough times with some of its segments like Jeanswear while others like Outdoor & Action Sports have been shining. The group performs well as a whole but leaves a lot to be desired in some segments.<\/p>\n

1. Revenues For The Fourth Quarter<\/b><\/p>\n

The revenues for the different segments for the fourth quarter from 2016 to fourth quarter 2017 saw that the total revenues changed positively by 20% . The revenues in fourth quarter for Outdoor & Actions Sports increased by 16% from about $2.16 billion in 2016 to $2.50 billion in fourth quarter 2017. The revenues for Jeanswear did not increase much and showed only a growth of about 2%. However, Image wear segment saw a substantial growth in revenue of a huge 176% in fourth quarter 2017 to reach a turnover of about $406 million usd.<\/p>\n

Outdoor & Action sports is now the mainstay of VF with about 69% of total turnover while Jeanswear is lagging at 19% only and the rest is divided among different segments.<\/p>\n\n\n\n\n\n\n\n\n
Coalition Revenues<\/b><\/td>\nQ4|2017 (‘000 $)<\/b><\/td>\nQ4|2016(‘000 $)<\/b><\/td>\n% Change<\/b><\/td>\n<\/tr>\n
Outdoor & Action Sports<\/td>\n2,500,203<\/td>\n2,160,310<\/td>\n16<\/td>\n<\/tr>\n
Jeanswear<\/td>\n709,411<\/td>\n696,515<\/td>\n2<\/td>\n<\/tr>\n
Imagewear<\/td>\n406,356<\/td>\n147,175<\/td>\n176<\/td>\n<\/tr>\n
Other<\/td>\n333,13<\/td>\n335,43<\/td>\n-1<\/td>\n<\/tr>\n
Total coalition revenues<\/b><\/td>\n3,649,283<\/b><\/td>\n3,037,543<\/b><\/td>\n20<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"clip_image004\"<\/a><\/p>\n

2. Revenue For Full Year<\/b><\/p>\n

The revenue in different segments for the full year of 2017 show that major action is happening in Imagewear only which has shown 50% growth. Jeanswear is where mid priced retailers like VF are struggling and not able to compete with fast fashion retailers like H&M. The company has shown negative growth of 3% for Jeanswear for the whole year while Outdoor and Action Sports segment has shown a healthy growth of 8% to reach a total turnover of about 11.8 billion USD for the whole year . The overall top line growth has been 7% in 2017.<\/p>\n

The pie \u00e2\u20ac\u201c chart saw that the revenues for the full year of 2017 for the different segments like Outdoor & Action Sports was 70% of the total revenue , Similarly the revenues for Jeanswear, Imagewear and Other were 22%, 7% and 1% respectively for the full year of 2017.<\/p>\n\n\n\n\n\n\n\n\n
Coalition Revenues<\/b><\/td>\n2017 (‘000 $)<\/b><\/td>\n2016 (‘000 $)<\/b><\/td>\n% Change<\/b><\/td>\n<\/tr>\n
Outdoor & Action Sports<\/td>\n8,212,456<\/td>\n7,618,564<\/td>\n8<\/td>\n<\/tr>\n
Jeanswear<\/td>\n2,655,361<\/td>\n2,737,701<\/td>\n-3<\/td>\n<\/tr>\n
Imagewear<\/td>\n830,215<\/td>\n551,808<\/td>\n50<\/td>\n<\/tr>\n
Other<\/td>\n113,145<\/td>\n118,704<\/td>\n-4<\/td>\n<\/tr>\n
Total coalition revenues<\/b><\/td>\n11,813,194<\/b><\/td>\n11,028,793<\/b><\/td>\n7<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"clip_image008\"<\/a><\/p>\n

3. Profit\/Loss<\/b><\/p>\n

The pie \u00e2\u20ac\u201c chart saw that the profit for the fourth quarter of 2017 like\u00c2\u00a0 Outdoor & Action Sports was 78% of the total revenue , similarly the Jeanswear, Imagewear was 16% and 6% of the total revenue. This again clearly shows that VF is now more of a Outdoor & Action Sports company than a Jeans company.\u00c2\u00a0<\/strong><\/p>\n\n\n\n\n\n\n\n\n
Coaliation Profit\/Loss<\/b><\/td>\nQ4|2017 (‘000 $)<\/b><\/td>\nQ4|2016 (‘000 $)<\/b><\/td>\n% Change<\/b><\/td>\n<\/tr>\n
Outdoor & Action Sports<\/td>\n486,303<\/td>\n391,139<\/td>\n24<\/td>\n<\/tr>\n
Jeanswear<\/td>\n97,950<\/td>\n103,348<\/td>\n-5<\/td>\n<\/tr>\n
Imagewear<\/td>\n40,903<\/td>\n30,112<\/td>\n36<\/td>\n<\/tr>\n
Other<\/td>\n139<\/td>\n-1295<\/td>\n111<\/td>\n<\/tr>\n
Total coaliation profit<\/b><\/td>\n625,295<\/b><\/td>\n523,304<\/b><\/td>\n19<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"clip_image012\"<\/a><\/p>\n

4.Profit\/Loss<\/b><\/p>\n

The total profit , however, did not increase in the same volume as that of fourth quarter. The profit increased in total by 4% only . These profits were dragged down by the Jeanswear segment which reduced its profit by 14%\u00c2\u00a0 . The pie- chart saw that the profit for different segment in 2017\u00c2\u00a0 like Outdoor & Action Sports was 22% of the total revenue , similarly for Jeanswear, Imagewear was 72% and 6% of the total revenue of 2017.<\/p>\n\n\n\n\n\n\n\n\n
Coaliation Profit\/Loss<\/b><\/td>\n2017 (‘000 $)<\/b><\/td>\n2016 (‘000 $)<\/b><\/td>\n% Change<\/b><\/td>\n<\/tr>\n
Outdoor & Action Sports<\/td>\n1,378,294<\/td>\n1,243,201<\/td>\n11<\/td>\n<\/tr>\n
Jeanswear<\/td>\n421,945<\/td>\n491,912<\/td>\n-14<\/td>\n<\/tr>\n
Imagewear<\/td>\n113,252<\/td>\n104,203<\/td>\n9<\/td>\n<\/tr>\n
Other<\/td>\n-3086<\/td>\n-4817<\/td>\n36<\/td>\n<\/tr>\n
Total coaliation profit<\/b><\/td>\n1,910,405<\/b><\/td>\n1,834319<\/b><\/td>\n\u00c2\u00a04<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"clip_image016\"<\/a><\/p>\n

\"clip_image018\"<\/a><\/p>\n

\"clip_image020\"<\/a><\/p>\n

5.Geographic Revenue Growth<\/b><\/p>\n

The Percentage change in revenue for fourth quarter of 2017 from the same period in last year , saw that the revenue growth for U.S increased by 15% , Similarly the revenue growth in EMEA,\u00c2\u00a0 APAC, China , Americas and Internatianal increased by 33%, 17%, 23%, 35%, respectively for the fourth quarter of 2017. However the geographic revenue growth for the year 2017 in U.S was 4% , similarly for APAC, China, Americas(Non- US) and Internationally was 15% , 6% ,10%, 13% ,12% respectively.It is also to be seen that the maximum revenue growth was in EMEA and Americas(non U.S) for both fourth quarter and full year of 2017.<\/p>\n\n\n\n\n\n\n\n\n\n
Geographic Revenue Growth<\/b><\/td>\nQ4|2017 (%)<\/b><\/td>\n2017 (%)<\/b><\/td>\n<\/tr>\n
U.S<\/b><\/td>\n15<\/b><\/td>\n4<\/b><\/td>\n<\/tr>\n
EMEA<\/td>\n33<\/td>\n15<\/td>\n<\/tr>\n
APAC (Asia – Pacific)<\/td>\n17<\/td>\n6<\/td>\n<\/tr>\n
China<\/td>\n23<\/td>\n10<\/td>\n<\/tr>\n
Americas (Non- US)<\/td>\n35<\/td>\n13<\/td>\n<\/tr>\n
International<\/b><\/td>\n29<\/b><\/td>\n12<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"clip_image022\"<\/a><\/p>\n

6. Channel Revenue Growth<\/b><\/p>\n

The channel revenue growth for Wholesale Channel and Direct \u00e2\u20ac\u201c to \u00e2\u20ac\u201c consumer channel for fourth quarter of 2017 increased about 19% and 22% from the last year of the same period and that of the full year was 17% and 20% respectively.<\/p>\n\n\n\n\n\n
Channel Revenue Growth<\/b><\/td>\nQ4|2017 (%)<\/b><\/td>\nFull Year 2017 (%)<\/b><\/td>\n<\/tr>\n
Wholesale<\/td>\n19<\/td>\n17<\/td>\n<\/tr>\n
Direct – to – consumer<\/td>\n22<\/td>\n20<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"clip_image024\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

VF has come out with very encouraging results for the fourth quarter of 2017 showing a growth of 20% to reach a turnover of about USD 3.64 billion. The group has been facing tough times with some of its segments like Jeanswear while others like Outdoor & Action Sports have been shining. The group performs […]<\/p>\n","protected":false},"author":59,"featured_media":32075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,355,1318],"tags":[1548,1442],"class_list":["post-32040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-denim-data-figures","category-latest-denim-reports","category-news","tag-annual-reports","tag-vf"],"_links":{"self":[{"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/posts\/32040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/comments?post=32040"}],"version-history":[{"count":0,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/posts\/32040\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/media\/32075"}],"wp:attachment":[{"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/media?parent=32040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/categories?post=32040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.denimsandjeans.com\/recovery\/wp-json\/wp\/v2\/tags?post=32040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}