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Vans owner VF Corp eyes acquisitions amid coronavirus uncertainty - FT

(Reuters) - Apparel maker VF Corp is eyeing further acquisitions despite coronavirus uncertainty, saying it could be a good time to expand its collection, the Financial Times reported https://on.ft.com/2C3miO1 on Sunday.

"In times like this, some of the greatest returns could be generated through acquiring," the newspaper quoted chief executive officer and chairman, Steve Rendle, as saying.

Rendle said he saw potential opportunities to buy smaller rivals in subsectors including athleisure, outdoor and activewear, FT added.

VF Corp said it has no further comment.


(Reporting by Sabahatjahan Contractor in Bengaluru; Editing by Daniel Wallis)