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What is Timberland Company mean?
Timberland LLC is an American manufacturer and retailer of outdoors wear, with a focus on footwear, which is often known colloquially as "Timbs." It is owned by VF Corporation. Timberland footwear is marketed towards people intending outdoor use. The company also sells apparel, such as clothes, watches, glasses, sunglasses, and leather goods.
Timberland's corporate headquarters are located in Stratham, New Hampshire. Timberland also operates from offices in other parts of the world, such as Australia. Horween Leather Company supplies leather shells for footwear to the Timberland Company.
In 1998, Jeffrey Swartz stepped up to become Chief Executive Officer of the company and brand that his grandfather, Nathan Swartz, uncle, and father had started.
In February 2007, the company acquired Howies, the Welsh clothing company.
In June 2011, Timberland signed a definitive takeover agreement with VF Corporation at $43 per share or approximately $2 billion.
In 2012, Howies was sold to its management by VF.
referencePosted on 24 Oct 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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