Vans Forecasts Growth in Overseas Sales

Vans Inc. said it expects sales to increase 25% to 30% this year from the $117.4 million the company generated in fiscal year ended in May. Vans’ operating profit totaled $4.16 million, or 40 cents a share, last year.

Gary Schoenfeld, president of Vans, said the company sees strong sales growth opportunities overseas, where it distributes its shoes in 65 countries, and for its women’s line of shoes. The maker of casual shoes, skateboard footwear and snowboard boots sells its footwear through independent footwear retailers, department store chains, specialty shops and its own outlet stores.