Vans, Inc. is a global sports-and-lifestyle company that merchandises, designs, sources and distributes VANS-branded active-casual and performance footwear, apparel and accessories for Core Sports, including skateboarding, snowboarding, surfing, wakeboarding, BMX riding and motocross. The VANS brand targets 10- to 24-year-old participants, enthusiasts and emulators of the Core Sports culture. The Company distributes its products through over 2,000 United States domestic wholesale accounts and 162 Vans retail stores, internationally to approximately 50 countries, as well as on the Internet. As of August 15, 2003, the Company had 102 Vans full-price retail stores, 53 domestic outlet stores and seven outlet stores in Europe. In June 2004, the Company was acquired by VF Corporation, an apparel company specializing in jeanswear, intimate apparel, sportswear, workwear and daypacks.
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