Apparel giant Vans owner VF's forecast hit by Vietnam factory delays


HANOI, Jan 28 (Reuters): Apparel giant VF Corp has cut its full-year revenue forecast as it struggles to stock store shelves because of delivery delays caused by worker shortages at factories in Vietnam, a manufacturing hub for many US clothing companies.

The company's shares fell 2.3% in premarket trading, as it also warned of a slower-than-anticipated growth in its main brands - Supreme streetwear and Vans sneakers and sportswear.

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Vietnam , VF , Apparel , Workers , Shortage , Covid-19

   

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