Kontoor Brands news and archive

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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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...

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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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Jamie Givens appointed EMEA MD to lead Wrangler and Lee’s regional growth

Lee and Wrangler owner Kontoor Brands has named Jamie Givens to the position of managing director, EMEA. He will report to Tom Waldron, chief operations officer, Kontoor Brands. “Jamie's extensive experience in cultivating global brands, coupled with his remarkable leadership track record, will be an invaluable asset to Kontoor’s global team,”...

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Kontoor Brands' Helly Hansen acquisition to boost EPS, long-term growth

Kontoor Brands, affirming its strong preliminary fourth-quarter results with 699 million dollars in revenue, a 4 percent increase, has presented an optimistic outlook for the year ahead, excluding the potential benefits of the Helly Hansen acquisition. Kontoor Brands acquired the outerwear brand for 900 million dollars from Canadian Tier...