Uncertainty over 900 jobs as US owner of lifestyle labels such as Timberland, North Face to move from Hong Kong to Shanghai, Singapore

Jan 12, 2021 | INVESTING

The American owner of several major lifestyle labels including Timberland and The North Face will relocate its regional brand office from Hong Kong to Shanghai and logistics hub to Singapore, with about 900 workers facing uncertainty from the move.Denver-based VF Corporation – which also owns popular labels such as Vans footwear and Dickies apparel – said on Tuesday it would relocate the centre of its brand operations to Shanghai.The company’s Asia logistics hub, which serves as the base for…

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