Though they are currently known for massive layoffs and sluggish stock performance, they proceed undaunted.
VF Corporation owns Lee, Wrangler, The North Face, Jansport, Eastpak and they make some pretty racy lingerie under their brand Vanity Fair. They also make the work clothes that your Fed Ex driver wears, plus a smattering of other companies.
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Apparently, that is not enough for their appetite. They have just bought Nautica.