VF Corp. buys Mo Inds. stock.

The article reports that one-third of the capital stock of Mo Industries has been acquired by the VF Corp. in the U.S. It mentions that the first company is the owner of the women's contemporary sportswear brands, Splendid® and Ella Moss®. In addition, the agreement provides a mechanism whereby the latter company may acquire the balance of the capital stock in the early part of 2009.