VF's product portfolio diversity; Its position as one of the leading players in jeanswear and intimate apparel; Solid cash flow; A moderate financial policy; and An experienced management team. VF's participation in the highly competitive and volatile apparel industry; and The company's acquisitiveness and the integration risk associated with acquisitions. The rating on Greensboro, N.C.-based apparel manufacturer VF Corp. reflects the company's strong market share in jeanswear, its leading brand names in intimate apparel and active wear, its solid cash flow, and its experienced management team. These factors are offset by VF's participation in the highly competitive and volatile apparel industry and the integration risks related to its vigorous acquisition strategy. As a leader in the industry, VF has an
