Davis Polk is advising V. F. Corporation in connection with its $120 million sale of its Contemporary Brands Coalition to Delta Galil Industries Ltd. The transaction, which is subject to regulatory approvals, is expected to close in the third calendar quarter of 2016.

V.F. Corporation is a global leader in branded lifestyle apparel with more than 30 brands, including Wrangler, The North Face, Lee, Vans, Nautica, Eagle Creek, Eastpak, JanSport, lucy, Kipling, Majestic, Napapijri, Red Kap, Reef, Riders and Timberland. Delta Galil Industries is a global manufacturer and marketer of branded and private label apparel products for men, women and children.

The Davis Polk corporate team includes partners Marc O. Williams, counsel Ajay B. Lele and associates Francesca Campbell and Dylan A. Consla. Partner Kyoko Takahashi Lin and counsel Ron M. Aizen are providing executive compensation advice. Partner Kathleen L. Ferrell is providing tax advice. Counsel Betty Moy Huber is providing environmental advice. Partner Frank J. Azzopardi is providing intellectual property and technology advice. All members of the Davis Polk team are based in the New York office.
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