VF Corp is shutting down its plant of JanSport Collegiate Licensed Apparel business in Wisconsin, and that’s going to result in state 380 job cuts. The company has released an official statement to clear the clouds which state that VF Corp is selling Jansport to private online sports apparel retailer Fanatics Inc. of Jacksonville and thus is closing the plant in Wisconsin. The popular factory outlet of Jansport, which is located opposite the plant, will also be shut.
Employees received a letter saying the business, about 100 miles Northwest of Milwaukee, would begin laying off employees June 9 and the last possible day of their employment would be Sept. 29. Workers will receive a severance package based on their positions and years employed.
Fanatics has relationships with more than 1,000 vendors — including Majestic, one of the VF Licensed Sports Group brands — and operates e-commerce sites for the professional sports leagues including the National Football League, Major League Baseball, the National Basketball Association, the National Hockey League and Professional Golfers' Association. Fanatics is also expected to take over VF's plant in Easton, Pa., which has about 600 employees.