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VF Corp Posts Smaller Q1 Revenue Drop Than Expected, on Better China Demand

VF Corp Posts Smaller Q1 Revenue Drop Than Expected, on Better China Demand

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…


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Defense Secretary Lloyd Austin defends decision to throw out plea deal for 9/11 defendants

Defense Secretary Lloyd Austin defends decision to throw out plea deal for 9/11 defendants

Florida Gulf Coast

Flesh-eating bacteria kills Texas man infected after fishing along Gulf Coast