Kontoor Brands: Helly Hansen, A Massive Purchase
Kontoor Brands acquires Helly Hansen for $900M to expand into outdoor/workwear. Improved profitability, but valuation ...
Kontoor Brands to Acquire Helly Hansen for $900 Million
The addition of Helly Hansen, which was acquired from Canadian Tire Corp., is expected to accelerate sales, earnings and cash ...
Helly Hansen ‘Ticks All the Boxes’ for Kontoor, According to CEO Scott Baxter
“It ticks all the boxes for us,” Baxter said, pointing to Helly Hansen’s expertise in both outdoor and workwear, the ...
Sourcing Journal on MSN2d
Kontoor Makes Helly Hansen Its First Acquisition for $900 Million
Kontoor CEO Scott Baxter says Helly Hansen focuses on the Wrangler and Lee owner's top expansion categories in outdoor and ...
GlobalData on MSN2d
Kontoor agrees to buy outdoor brand Helly Hansen for around $900m
Kontoor Brands, Wrangler and Lee owner, is expanding its portfolio with the addition of global outdoor and workwear brand, ...
Wrangler parent company to buy Helly Hansen
Kontoor Brands will acquire outdoor and workwear brand Helly Hansen from Canadian Tire Corporation, according to a press ...
Retail Insider3d
Canadian Tire selling Helly Hansen for close to $1.3 billion
Canadian Tire announced Wednesday that it has signed a definitive agreement to sell its Helly Hansen business to Kontoor ...
Canadian Tire selling Helly Hansen activewear brand for nearly $1.3-billion
Retailer plans to use the proceeds to pay down debt, to buy back shares and to invest in its stores amid ‘market uncertainty’ ...
The Canadian Press on MSN2d
Canadian Tire to sell Helly Hansen to U.S. clothing brand
Canadian Tire says the agreement will see the sportswear company wind up in the hands of Kontoor Brands, which owns Wrangler, ...
Winston-Salem Journal3d
Kontoor spends $900 million for Norwegian outdoors apparel brand
Kontoor Brands Inc. is opting to make a major splash with its first corporate acquisition, announcing Wednesday plans to ...
Canadian Tire Selling Helly Hansen to Kontoor Brands for C$1.28 Billion
Canadian Tire has struck a deal worth $898.8 million to sell outdoor-and-workwear business Helly Hansen to Kontoor Brands as the Canadian retailer tightens its focus on its home market.