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Kontoor Brands finalises 900 million dollar acquisition of Helly Hansen

Wrangler’s parent company Kontoor Brands has said it has completed its 900 million dollar acquisition of outdoor and workwear brand Helly Hansen. The US fashion group announced its intention to purchase the brand back in February 2025. At the time, Helly Hansen was projected to generate over 680 million dollars in revenue and 80 million dollars...

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Business

After solid start to quarter, Kontoor Brands updates annual forecasts

The US apparel company Kontoor Brands Inc. kept its revenue largely stable in the first quarter of fiscal year 2025. However, negative special effects weighed on profits. In addition to the current figures, the parent company of denim brands Wrangler and Lee also presented updated annual forecasts on Tuesday. These now also take into account the...

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