Exclusive: VF CEO Steve Rendle Gets Candid About Supply Chain Challenges + How the Outdoor and Work Brands Are Charging Ahead

Despite reporting earnings that fell short of estimates, VF Corp. chairman, president and CEO Steve Rendle is encouraged by the momentum across the company’s portfolio — but he’s also candid about near-term supply chain challenges, and the hard work ahead. For the second quarter of its fiscal 2022, VF — the parent company to Vans, Supreme and others — reported revenue growth of 23% to $3.2 billion. That missed the $3.31 billion mark expected from analysts surveyed by Yahoo Finance. Although the company fell short of analyst expectations, a result of delayed shipments across its banners due to supply chain challenges, there were several bright spots reported. For instance, revenue for the company’s outdoor arm increased 31%, including a 31% climb by The North Face. Also, its work business revenue increased 18%. Following today’s earnings webcast, Rendle spoke with FN to break down the quarter, the supply chain challenges and the road ahead. Given the supply chain issues across the company, how are you adjusting for both the short-and the long-term? “Short-term, it’s heads down. Our team, which we do consider to be one of our biggest competitive advantages, is working with our supply partners, working within the logistics networks, preparing our distribution centers to

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