Vf corporation provides update on global business impact of covid-19

Vf corporation provides update on global business impact of covid-19.vf corp - announced temporary closure of all owned retail stores across north america, effective march 16 through april 5.vf corp - all retail employees at these locations will continue to receive full pay and benefits during temporary closure period.vf corp - closed its corporate and brand offices in north america until april 5 and is enabling all office employees to work remotely.vf corp - temporary closure of both offices and retail locations may be extended depending on overall state of covid-19 situation.vf corp - will provide an update as to operational and financial impacts of coronavirus during co's q4 fiscal 2020 conference call in may 2020.vf corp - vf's supply chain operations have experienced limited disruption to date as a result of covid-19 situation.vf corp - actions in north america are consistent with similar operational decisions made in its emea and asia pacific regions.vf corp - vf's offices and retail locations in south korea, japan, hong kong and taiwan remain open, but office employees are working remotely.vf corp - in mainland europe, vf has closed all offices and retail store locations until further notice.vf corp - locations in united kingdom are currently operating on reduced hours..vf corp - currently, co's offices in greater china are open and about 90 percent of retail store locations are now open for business.
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