Source: Charlie McGee, NC BUSINESS NEWS WIRE, 2/19/18


VF Corp., Greensboro-based parent company of brands such as Vans, Wrangler and The North Face, has announced the decision to sell its well-known brand Nautica. The move comes after a year of the company selling all licensing brands it owned, including JanSport and Majestic, to Fanatics, Inc. These discontinued operations led to a $17.3 million loss for the fourth quarter.

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