Kontoor Brands, the owner of denim labels Wrangler and Lee, has reported a 25 percent increase in revenue in the second quarter of the year. In the three months to July 2, revenue came in at 613.6 million dollars, compared to 490.8 million dollars a year earlier. That growth was primarily driven by the company's US business, which saw a 40...
Aug 5, 2022
Andrew E. Page, the EVP and chief financial officer of Foot Locker, has been announced as the new addition to Kontoor Brands’ board of directors, effective immediately. Page, who will be taking the position of a director of the board, will also serve on the board’s Audit Committee. “We’re pleased to welcome Andrew to Kontoor’s board of...
Jun 10, 2022
Fashion conglomerate Kontoor Brands has announced the appointment of Mame Annan Brown as its new global head of environmental, social and governance (ESG), effective immediately. Annan-Brown, who boasts two decades of experience in the area, will lead the implementation of the Wrangler-owner’s global ESG efforts, overseeing strategy,...
May 10, 2022
Kontoor Brands, the owner of denim labels Wrangler and Lee, has raised its outlook for fiscal year 2022 after reporting an increase in revenue and profit in the first quarter. In the three months to April 2, the company made a net income of 80.8 million dollars compared to 64.5 million dollars a year earlier. Its revenue for the quarter came in...
May 5, 2022
Kontoor Brands has announced the appointment of two new chief operating officers for its Wrangler and Lee brands. Chris Waldeck, who is currently executive vice president and global brand president of Lee, has taken on the additional role as chief operating officer of the brand, and will assume responsibility for Kontoor’s international markets...
Mar 18, 2022
Apparel conglomerate Kontoor Brands has announced the appointment of Ashley Goldsmith to its board of directors, effective immediately. Goldsmith, executive vice president and chief people officer of Workday, will serve on the board’s Talent and Compensation and Nominating and Governance committees. Kontoor Brands, which operates the likes of...
Feb 8, 2022
Kontoor Brands has released its 2020 sustainability report. The company, whose portfolio boasts the brands Wrangler and Lee, has been committed to advancing its sustainability agenda, with this being its second report in the two years since it became a publicly traded organisation. The report details the brand’s progress in regards to its...
Dec 15, 2021
Kontoor Brands, the owner of denim labels Wrangler and Lee, has announced the departure of Juliana Chugg from its board of directors, effective November 30. Chugg has served on the company’s board since its inception in 2019 when it spun off from the VF Corporation. She has also served as chair of the Nominating and Governance Committee and as a...
Nov 25, 2021
Global apparel company, Kontoor Brands has announced the expansion of its water saving manufacturing program, Indigood. Now working as a facility certification, textile mills must use 90 percent less freshwater than conventional fabric producers in order to be certified for the program. Expanding globally, Indigood will encourage textile...
Oct 29, 2021
Kontoor Brands, the owner of US labels Wrangler and Lee Jeans, has announced the appointment of Tammy Heller as its new chief human resources officer, effective September 29. Heller joins the business from government services company Perspecta where she has been chief human resources officer and senior vice president since 2018. Earlier in her...
Sept 21, 2021
Kontoor Brands revenue increased to 491 million dollars, a 41 percent increase on a reported basis and 37 percent in constant currency over the same period in the prior year. Compared to adjusted revenue in the second quarter of 2019, reported revenue decreased 19 percent. The company said in a statement that revenue increases compared to the...
Aug 5, 2021
Kontoor Brands, Inc. reported revenue increase to 652 million dollars, up 29 percent on a reported basis and 27 percent in constant currency for the first quarter. Compared to adjusted revenue in the first quarter of 2019, reported revenue increased 3 percent. “The strong performance in the quarter was broad-based, as evidenced by improving...
May 6, 2021
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