VF Outdoor Completes Acquisition of Eagle Creek, Inc.GREENSBORO, N.C. -- VF Outdoor, Inc., a subsidiary of VF Corporation (NYSE NYSE See: New York Stock Exchange : VFC VFC Vaccines for Children (program) VFC VESA (Video Electronics Standards Association) Feature Connector VFC Voltage to Frequency Converter VFC Vice Flotilla Commander VFC Flotilla Vice Commander VFC V. ), today announced that it has completed its previously announced acquisition of Eagle Creek Eagle Creek may refer to: A number of locations in Saskatchewan, Canada:
"We are pleased to add the Eagle Creek[R] brand to VF Outdoor's portfolio of high-growth businesses, which include the Vans([R]), Reef([R]), The North Face([R],)Napapijri([R]), JanSport([R]) and Eastpak([R]) brands. Our outdoor brands all share several key attributes: they are managed by experienced leaders supported by talented associates, they are authentic brands that have global appeal within their target markets, and they are growing both domestically and internationally," said Dave Gatto, President of VF Outdoor, Inc. VF expects the Eagle Creek brand to add approximately $30 million to 2007 revenues and to sustain high single-digit sales growth over the next several years. Eagle Creek will remain based in Vista, California. Founder and President Steve Barker will continue to manage the brand and will report to Gatto. Executive Vice President Ricky Schlesinger will also continue in his current role, reporting to Barker. About Eagle Creek Eagle Creek is a maker of adventure travel gear, luggage, travel accessories and packing solutions for active, adventurous ad·ven·tur·ous adj. 1. Inclined to undertake new and daring enterprises. 2. Hazardous; risky. ad·ven souls. Founded in 1975 by Steve and Nona Barker, California-based Eagle Creek, Inc., invented the adventure travel gear category, introduced the industry's first convertible backpack on wheels, and is revolutionizing the way travelers pack with its Pack-It[R] folders, cubes, sacs and toiletry kit organizing system. About VF Corporation VF Corporation is a leader in branded apparel including jeanswear, outdoor products, image apparel and sportswear. Its principal brands include Lee([R]), Wrangler wran·gler n. 1. One who wrangles or quarrels. 2. A cowboy or cowgirl, especially one who tends saddle horses. Noun 1. ([R]), Riders([R]), Rustler rus·tle v. rus·tled, rus·tling, rus·tles v.intr. 1. To move with soft fluttering or crackling sounds. 2. To move or act energetically or with speed. 3. To forage food. ([R]), Nautica([R]), John Varvatos John Varvatos (born in Detroit, Michigan) is an American contemporary menswear fashion designer. He grew up in the metro Detroit suburb of Allen Park, a downriver community situated south of the city of Detroit. He attended Allen Park High School. ([R]), JanSport([R]), Eastpak([R]), The North Face([R]), Vans([R]), Reef([R]), Napapijri([R]), Kipling([R]), Eagle Creek([R]), Lee Sport([R])and Red Kap([R]). VF Corporation's press releases, annual report and other information can be accessed through the Company's home page, www.vfc.com. |
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