
Lifestyle brand VF Corporation sets up new supply chains in Singapore
This is part of the company's commitment to invest in its businesses in the region.
Lifestyle apparel and accessories brand VF Corporation will be setting up shop in Singapore as part of a series of relocations starting in April.
The company said that VF’s Asia Product Supply Hub, which serves as the base of operations for its global supply chain in Asia, will move from Hong Kong to Singapore.
The move comes as part of the plan to relocate VF’s brand operations from Hong Kong to Shanghai. There are also plans to establish additional shared services centers in Malaysia.
VF will activate a phased transition plan to guide these relocations over the next 12 to 18 months with the first moves expected in April 2021.