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VF Corporation, maker of North Face and other popular lifestyle apparel brands, has undergone almost continuous restructuring since 2 0 0 0 to provide its

VF Corporation, maker of North Face and other popular lifestyle apparel brands, has undergone almost continuous restructuring since 2000 to provide its shareholders with returns that are far more attractive than shareholder returns for competing apparel makers. When VF Corporations management was considering the divestiture of its workwear division in 2021 in order to tighten its focus on outdoor and lifestyle brands, the following question was most likely asked:

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