VF Corporation (NYSE: VFC), the world's largest apparel company, announced today a series of organisational changes designed to support the company's strategic growth plan.

"These are important moves by VF to better align our organisation with the dynamics of our marketplace and establish a growth model for our company's future," said Mackey McDonald, chairman and CEO.

New "VF Imagewear" coalition formed
A new coalition, VF Imagewear, has been formed which will comprise VF's Knitwear and Workwear businesses. VF Imagewear will leverage the strengths of these two businesses, providing custom and branded apparel to employees of multinational companies, from the boardroom to the factory floor.

"With a sales base exceeding $1.1bn, our combined workwear, activewear, and corporate wearables product lines, backed by our great brands and operational capabilities, will provide a total solution to the apparel needs of a wide range of companies," said McDonald. George Derhofer, who recently assumed responsibility for VF's Workwear and Knitwear businesses, will be VP and chairman of VF Imagewear, reporting to Mackey McDonald. The new coalition will have dual headquarters in Martinsville, VA and Nashville, TN.

Eric Wiseman appointed head of global intimate apparel
Eric Wiseman, president of VF's Bestform unit, has been named VP and chairman, global intimate apparel. In his new role, Wiseman will have responsibility for VF's domestic and international intimate and swimwear apparel businesses including Bestform, Vanity Fair Intimates, Jantzen, and VF International Intimates. Wiseman will also report to CEO McDonald.

"Eric will focus his energies on managing VF's global portfolio of intimate apparel brands and businesses, including Vanity Fair, Bestform, Vassarette, Lily of France, Exquisite Form, Private Brands, and our licensed brands. Bringing all our brands under a unified organisation will enable us to better leverage our marketing and operating expertise and take advantage of our critical mass as global intimate apparel leaders," said McDonald.

JanSport, Eastpak and The North Face to report to CFO
As the first step in capturing the synergies of VF's outdoor/adventure companies, JanSport, Eastpak, and The North Face will report to CFO Bob Shearer on an interim basis.

Terry Lay assumes extra responsibilities
Terry Lay, VP and chairman of VF's International Jeanswear Coalition, has also added responsibilities for implementing "best practice" processes and new systems throughout VF. Tim Lambeth, current VP, Global Processes, will retire at year-end after 32 years of service.

"Our process and systems reengineering has been one of the most ambitious and important projects in VF's 100-year history. This move marks our continued commitment to building the most responsive supply chain in the apparel industry. Under Tim's leadership we have made excellent progress. With Terry taking the helm we will be well positioned to reap the benefits of our efforts in the areas of growth, speed to market and cost reduction," said McDonald.

McDonald also announced that Dan MacFarlan, VP and chairman of the company's Intimate Apparel and Playwear coalitions, will be leaving VF. "In his 22-year career with VF, Dan has contributed enormously to the growth and evolution of many VF businesses. We are grateful to Dan for the role he has played in our company and wish him success in all his future endeavors," said McDonald.

McDonald noted that the company's Playwear unit will now report to John Schamberger, who will now serve as VP and chairman North & South America Jeanswear and Playwear Coalitions. In addition, VF's Factory Outlet unit will now report to CFO Shearer.

About VF Corporation
VF Corporation is the world's largest apparel company and a leader in jeanswear, intimate apparel, knitwear, workwear, playwear, daypacks, and swimwear. Its principal brands include Lee, Wrangler, Riders, Rustler, CHIC, Gitano, Vanity Fair, Vassarette, Bestform, Lily of France, Lee Sport, Healthtex, Jantzen, JanSport, Eastpak, Red Kap and The North Face.