Price-Earnings Ratios are reported at 24.0, compared to 25.8 of that of the Industry (Morningstar, 2017). This ratio is relatively high, meaning that there is growth in VF Corporation’s future, as seen with the recent acquisition of Williamson-Dickie Manufacturing Company, however it is growing slightly less than the industry. VF Corporation saw the greatest growth, based off of Price-Earnings ratios in 2015, where the ratio was 32.09 in May of 2015, signaling times of “improving quality of revenue, which reflects continued growth” in the direct-to-consumer and international platforms for the year 2016 (VF Corporation, 2017). Corporate Governance VF Corporation is committed to conducting business legally and ethically; with that, the company values high standards when it comes to business practices and maintaining strong codes of corporate …show more content…
They offer high quality products at a relatively low cost. This mission has allowed VF Corporation to become one of the two largest jean producers in the world (VF Corporation, 2017). Vision The vision statement of fostering “diversity through thought and sustain an environment that turns individual differences into insights and capabilities that fuel VF’s growth” allows for the corporation to attract, engage and connect with their employees and deepen the culture within company (VF Corporation, 2017). Innovation is a strong value that is a motivator behind the “art and science of apparel” that is not only attractive to the customer, but also promotes loyalty behind the brands that VF Corporation owns. Knowing what their customers wear, how and what they think, value, shop and buy, allows VF Corporation to conceptualize products and experiences that their customers want and