Kontoor Brands acquires Helly Hansen for $900M to expand into outdoor/workwear. Improved profitability, but valuation ...
The addition of Helly Hansen, which was acquired from Canadian Tire Corp., is expected to accelerate sales, earnings and cash ...
“It ticks all the boxes for us,” Baxter said, pointing to Helly Hansen’s expertise in both outdoor and workwear, the ...
It ticked all the right boxes," says CEO Scott Baxter, Kontoor's chief executive, of the Helly Hansen acquisition. "We wanted ...
U.S. revenue was $569 million and increased 6 percent compared to the prior-year Q4 period. U.S. Wholesale revenue increased ...
Kontoor Brands president, CEO and chairman Scott Baxter stated: "We are thrilled to welcome the Helly Hansen team into ...
Kontoor CEO Scott Baxter says Helly Hansen focuses on the Wrangler and Lee owner's top expansion categories in outdoor and ...
While Helly Hansen will stay at its Oslo base, its joining Kontoor Brands will add to jobs in the Triad, company says.
Kontoor Brands (KTB) has signed a definitive agreement to acquire Helly Hansen, the global outdoor and workwear brand. Under the terms of the ...
Canadian Tire has struck a deal worth $898.8 million to sell outdoor-and-workwear business Helly Hansen to Kontoor Brands as ...
Helly Hansen designs and develops products for professionals and outdoor enthusiasts. Credit: ArDanMe/Shutterstock. The acquisition from Canadian Tire Corp will see Kontoor Brands taking over 100% ...
Stifel analyst Jim Duffy lowered the firm’s price target on Kontoor Brands (KTB) to $83 from $93 and keeps a Hold rating on the shares ...