dse - vf international...$1.4b revenue expected in 2013 60% revenue outside of the u.s. in 2013...
TRANSCRIPT
-
VF International Verona University, May 8th 2014 ..........................................................................................................................................
-
VF Corporation
2
-
VF Corporation
• World’s leading supplier of branded lifestyle apparel
• Public company: NYSE: VFC
• $11.4 billion in 2013 revenues
• 150 countries / 52,000 employees
• Strong brands with leading market shares
• Multiple channels of retail distribution
• Financially strong and conservatively managed
3
-
Powerful Brands
4
-
Powerful Brands
5
$2B in revenues in 2013
Global Brand - 60% Americas
- 40% International
-
Powerful Brands
6
-
Powerful Brands
7
$1.7B in revenues in 2013
415 owned retail stores at the
end of 2013
14M brand loyalists reached
through various online
channels
-
Powerful Brands
8
$1.4B revenue expected in 2013
60% revenue outside of the
U.S. In 2013
-
Powerful Platforms
9
Americas Europe
Asia Pacific
Enablers: Strategy
Supply Chain
Sustainability
Direct to Consumer
-
Powerful Platforms
10
Direct-to-Consumer : Building Strong Connections
Owned Stores
Brands
2008-2013 (5-yr revenue CAGR)
1,246 17% 14
Owned Stores
Outlets
Partnership Stores
E commerce
-
Powerful Platforms
11
Strategy & Innovation: Innovation driven by Insight
• Connecting with consumers drives innovation at VF. o More than 3,000 in person interviews in homes and stores
o We’ve surveyed more than 100,000 people regarding our top 7
brands in 15 countries
Consumer Insights
Strategy
Innovation
Brands
-
Powerful Platforms
12
Sustainability: An Opportunity to Lead
• Sustainability is a fundamental business platform, an
essential part of our core values o By 2015, we plan to have reduced our greenhouse gas emissions
by 5% from our 2009 baseline year
o All VF Brands are active serving communities where their
employees live and work around the world.
-
Powerful Platforms
13
Supply Chain: Experts at Managing Large-Scale Complexity
Units 500,000,000 per year
1,369,000 per day
57,000 per hour
950 per minute
16 per second
-
Powerful Platforms
World’s largest jeans
producer
Largest garment producer Mexico/ Central America
Largest footwear producer
in the Caribbean
Supply Chain: Experts at Managing Large-Scale Complexity
-
Powerful Platforms
Internal
Manufacturing
Facilities
32 Countries
40+
30% Owned
Sourced
70%
Contractor
Facilities
2,000
$3B FOB
Supply Chain: Experts at Managing Large-Scale Complexity
-
VF International Our Headquarter, Switzerland
16 16
Green
Building
Great
talent– the
U.N.
of VF
Global
Thinking +
Regional
Action
Single
largest VF
investment
outside N.A.
-
VF International Our Management Team
Peter SMITH
President Supply Chain
EMEA & Asia
(Stabio)
Florence LABATI
CIO
EMEA & Asia
(Stabio)
Monica VALSESCHINI
VP HR
EMEA & Asia
(Stabio)
Curt HOLTZ
VP & CFO
EMEA & Asia
(Stabio)
Stefania SICARI
Head of Legal Affairs
EMEA & Asia
(Stabio)
Eric WISEMAN
Chairman, President & CEO
VF Corporation
Karl-Heinz SALZBURGER
VF & Group
President International
(Stabio)
Rick WOOD
President
Outdoor & Action Sport
(Stabio)
Martino SCABBIA GUERRINI
President Sportswear,
Contemporary Brands and Jeanswear
(Stabio)
Dieter JACOUBFEUERBORN
President
Emerging Markets
(Bornem)
Xia FENG
Director Strategy VF EMEA
VF International
(Stabio)
Aidan O' MEARA
Preseident
VF Asia
(Hong Kong)
Anna Maria RUGARLI
Sustainability & Social Responsibility Director
(Stabio)
Timo Schmidt-Eisenhart
VP Timberland EMEA
Stabio
17
-
Strong Revenue Growth
$BLN
$2,3
$3,2
$4,0 $4,3
$0,0
$0,5
$1,0
$1,5
$2,0
$2,5
$3,0
$3,5
$4,0
$4,5
$5,0
2010 2011 2012 2013
CAGR (3YR) 23%
18
VF International
-
2013 Revenue by Coalition
27% 39%
18%
Timberland Outdoor & Action Sports
Jeanswear Sportswear
& CBC
17%
19
VF International
-
VF International Stabio HQ, Switzerland
20
N° of Nationalities (December, 2013): 36
Staff
Brands
Year
74 162 230 237 120 363 451
2005 2006 2010 2008 2007 2009 2011 2012
498
2013
670
20