Vans owner VF Corp eyes acquisitions amid coronavirus uncertainty

Apparel maker VF Corp could be eyeing further acquisitions. 

Despite coronavirus uncertainty, the group said it could be a good time to expand its collection, the Financial Times reported on Sunday.

“In times like this, some of the greatest returns could be generated through acquiring,” the newspaper quoted chief executive officer and chairman, Steve Rendle, as saying.

Rendle said he saw potential opportunities to buy smaller rivals in subsectors including athleisure, outdoor and activewear, FT added.

VF Corp said it has no further comment.