VF Corp. reaches deal to sell Nautica brand VF Corp. wasted little time selling off another one-time key apparel brand. The Greensboro, N.C. apparel marketer saidMondayit has agreed to sell Nautica to Authentic Brands Group for an undisclosed price. VF put the brand on the blockFeb. 16. The deal is projected to close in the second quarter, pending regulatory approvals.(Winston-Salem Journal)