Kontoor Brands news and archive

Kontoor Brands reports strong first-quarter growth and announces separation from Lee

US apparel group Kontoor Brands Inc. has started the new 2026 financial year with surprisingly strong results. Alongside the latest figures, the group also announced on Thursday its plan to separate from the Lee brand. Several parties have already expressed interest in the denim label as part of the sales process already initiated, according to...

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Helly Hansen chooses Paseo de Gracia for its new southern European headquarters

The Norwegian company Helly Hansen has relocated its Southern European headquarters to the centre of Barcelona, establishing a new base on Paseo de Gracia. Previously, the company operated from Sant Quirze del Vallès, on the city's outskirts. According to a report by the trade publication Turiski, the move is part of a new phase of consolidation...

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Erinn Murphy joins Kontoor Brands to lead finance and operations at Helly Hansen

US-based apparel group Kontoor Brands has appointed Erinn Murphy as vice president, global head of finance and operations for Helly Hansen and corporate investor relations. Murphy will join the company in early May. As part of her new role, Murphy will relocate to Oslo, Norway, to serve as an international assignee and a member of the Helly...

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Kontoor Brands expands CFO role to include global oversight of Helly Hansen

Kontoor Brands has expanded the role of chief financial officer Joseph Alkire, who will now also take on global responsibility for the Helly Hansen business. The move, effective immediately, adds brand leadership to Alkire’s existing responsibilities as CFO and global head of operations, reflecting a strategic focus on accelerating growth across...

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Kontoor Brands exceeds expectations for fiscal year 2025

US apparel group Kontoor Brands Inc. has concluded its fiscal year 2025 with a significant increase in revenue, thanks to the acquisition of outdoor outfitter Helly Hansen. One-off charges, however, led to a decline in profit. This was announced in a business report published by the company on Tuesday. Helly Hansen acquisition boosts revenue...

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Kontoor Brands raises full-year forecast again despite third-quarter profit decline

US apparel group Kontoor Brands Inc. has once again achieved a surprisingly strong increase in sales in the third quarter of the 2025 financial year, thanks to the acquisition of outdoor outfitter Helly Hansen. However, one-off charges led to a significant decline in profit. In light of the unexpectedly strong results, the company has raised its...

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Kontoor Brands elevates Børre Hegbom to global head of Helly Hansen business

Kontoor Brands, Inc. has announced the immediate appointment of Børre Hegbom as senior vice president, global head of Helly Hansen. Hegbom will be responsible for leading the execution of the strategic plan to drive growth across the Helly Hansen business globally, overseeing both its Sport and Workwear categories. He will report to Scott...

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Analysis: Kontoor Brands shares on a rise

Over the past six years, Kontoor Brands has established itself as a significant player in the global apparel industry. The company, which was spun off from VF Corporation in May 2019, focuses on the design, manufacturing, and distribution of high-quality apparel. An analysis indicates a period of significant change and strategic realignment....

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Kontoor Brands to close manufacturing operations in Mexico

Wrangler’s parent company Kontoor Brands is reportedly preparing to shutter its manufacturing operations in Coahuila, Mexico. According to local press, the fashion group is in the process of moving its production to Bangladesh. It is believed that four plants located in Torreón, La Rosita, San Pedro and Coyote are to be impacted by the closures,...

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Kontoor Brands raises sales forecast after strong quarterly figures

US apparel supplier Kontoor Brands Inc. achieved unexpectedly strong growth in sales and earnings in the second quarter of the 2025 financial year. As a result, the company updated its annual forecasts on Thursday. In the period from April to June, consolidated revenue amounted to 658.3 million dollars. This represented an increase of 8 percent...

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Kontoor Brands expands roles of two executives, COO to exit

US clothing company Kontoor Brands has expanded the roles for two members of its executive leadership team as its chief operating officer, Tom Waldron, announces his intention to step down. Jenni Broyles will take on the roles of executive vice president, chief commercial officer and global head of brands – the latter being her current position...

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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...