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VF Corporation appoints new CFO
Branded lifestyle apparel and footwear company VF Corporation has promoted Scott A. Roe, currently VP, controller and chief accounting officer, as CFO. Roe replaces SVP and CFO Robert K. Shearer, who announced plans to retire in March 2015, after 28 years with the company.
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Timberland’s five-year plan includes 31% annual online growth, 130 new stores
Stratham, N.H. -- Timberland detailed its plan to grow revenues by $1.4 billion during the next five years at an investor meeting at the company’s headquarters in Stratham, New Hampshire. Timberland’s management said it expects total revenues to reach $3.1 billion by the end of 2019, representing growth of 13% per year. (Timberland is a wholly owned subsidiary of VF Corporation.