Redwood Capital Investments completed the acquisition of the occupational portion of its Work segment of VF.

Redwood Capital Investments, a diversified holding company, completed the acquisition of the occupational portion of its Work segment of VF, a global provider of branded lifestyle apparel, footwear and accessories. Financial terms were not disclosed. “The sale of our occupational work brands reflects our continued focus on transforming VF into a more consumer-minded and retail-centric enterprise while further simplifying our portfolio and operating model. We are pleased to have reached this agreement with Redwood Capital Investments,” Steve Rendle, VF Chairman, President and CEO.