(Aug 13): VF Corp, one of the world's biggest apparel makers, will spin off Lee and Wrangler jeans into a separate public company, it said on Monday, allowing it to focus on more profitable Vans sneakers and The North Face outdoor wear.
Denims were responsible for more than half of VF's overall profit in 2000, but have since been outpaced by skateboarder favorite Vans, which has driven much of VF's recent growth.
In the United States, and to a lesser extent around the world, we’ve been glorifying innovation for the past century or more. But if we want to create a balanced society, which can sustain itself while continuing to progress, it’s time we come to terms with the reality of innovation, and stop neglecting the other components of a productive, progressive society. Why we glorify innovation First, I want to explore why we value innovation so much. There’s the idea that innovation is inherently superior to maintenance or straightforward progression. For example, a new vacuum cleaner with a longer attachment system… This story continues at The Next Web