VF Corp reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its China business as well as leaner inventory levels, sending its shares up about 7 percent in extended trading.
Along with several global apparel retailers such as H&M and Zara, VF Corp has been facing some disruptions due to political unrest in Bangladesh. About 15 percent of its production comes out of the country, a company…