How The North Face Competes With Patagonia

CNBC published this video item, entitled “How The North Face Competes With Patagonia” – below is their description.

For more than a half-century, The North Face has competed in the space outfitting mountain climbers and skiers. But the outdoor recreation brand is now hoping to become a significant player in the $185 billion streetwear market. In the three months ending September 2021, The North Face had revenue of $883 million, 31% higher than a year earlier. And while interest in outdoor activities like camping has surged, climate change and consumer trends like sustainability have led to a range of challenges and opportunities for the brand.

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About This Source - CNBC

CNBC is an American pay television business news channel owned by NBCUniversal News Group, a division of NBCUniversal, with both indirectly owned by Comcast. Headquartered in Englewood Cliffs, New Jersey, the network primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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