VFCorp: “Goodbye Hong Kong, hello Shanghai”

An article by Sophie Baqué

Publication

26 February 2021 à 15h57

Updated on 2 April 2024 à 17h21

Reading time

1 minute

Publication: 26 February 2021 à 15h57, Updated on 2 April 2024 à 17h21

Reading time: 1 minute

An article by Sophie Baqué

Publication

26 February 2021 à 15h57

Updated on 2 April 2024 à 17h21

Reading time

1 minute

Publication: 26 February 2021 à 15h57, Updated on 2 April 2024 à 17h21

Reading time: 1 minute

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From April 2021, fashion retailer VF Corp (brands include Supreme, Timberland, Vans and The North Face) will be moving the Hong Kong headquarters to Shanghai, China.

A second operational base focused on Asia will be in Kuala Lumpur (Malaysia). The logistics centre will also move from Hong Kong to Singapore. Due to the combined effects of socio-political conflicts with Beijing and Covid-19, Hong Kong’s economy is in freefall. Other brands such as Versace, Salvatore Ferragamo, Bulgari, Fendi,...

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