By  on July 19, 2012

VF Corp. started the second-quarter earnings season for U.S.-based apparel firms with a flourish, exceeding profit expectations and raising its full-year earnings guidance.

Setting a high standard for companies like PVH Corp. and Ralph Lauren Corp., scheduled to report next month, VF overcame softness in Europe and in the midtier channel of the U.S. to post a 20 percent increase in net income.

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