Company:Kontoor Brands
From HandWiki
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| Type | Public |
|---|---|
| NYSE: KTB S&P 600 component | |
| Industry | clothing |
| Founder | May 2019 |
| Headquarters | Greensboro, North Carolina |
Key people | Scott Baxter (CEO) [1] |
| Brands |
|
| Revenue |  $2.6 billion(2024)[2] |
Number of employees | 15,640[3] |
| Website | kontoorbrands |
Kontoor Brands is an American clothing company.[4][5] It was a spin off from the VF Corporation in May 2019,[6][7][8] and markets clothing under the Lee, Wrangler and Helly Hansen brand names.[9][10]
Having its head office in Greensboro, North Carolina,[11][5] Kontoor also operates the VF Outlet chain of factory outlet stores. Stock in the firm is traded on the New York Stock Exchange under the symbol KTB; market capitalisation in 2025 was about $4.4 billion.[12][13]
On May 21, 2026, Kontoor announced the sale of Lee Jeans to Authentic Brands Group for $750 million plus up to $250 million depending on the brand's performance in the future.[14]
References
- ↑ "Power 100 2020 Q&A: Scott Baxter". February 2020. https://businessnc.com/power-100-2020-qa-scott-baxter.
- ↑ "Kontoor Brands Fortune 1000". https://fortune.com/company/kontoor-brands/.
- ↑ "Fortune 1000". https://fortune.com/company/kontoor-brands/.
- ↑ Riley Moffat, Anne (2018-12-06). "VF names planned jeans spinoff Kontoor, not Wrangler or Lee". Bloomberg.com. https://www.bloomberg.com/news/articles/2018-12-06/vf-names-planned-jeans-spinoff-kontoor-not-wrangler-or-lee.
- ↑ 5.0 5.1 Craver, Richard (25 May 2019). "Kontoor begins independent life with focus on jeans innovation, attracting new customers" (in en). Winston-Salem Journal. https://www.journalnow.com/business/kontoor-begins-independent-life-with-focus-on-jeans-innovation-attracting/article_824b6fd4-9a9d-50e0-9b38-b5209a73f84c.html.
- ↑ La Monica, Paul R. (25 March 2019). "Lee and Wrangler hope to be a hit like Levi's". https://www.cnn.com/2019/03/25/investing/lee-wrangler-vf-corp-kontoor-brands/index.html.
- ↑ Wightman-Stone, Danielle (2019-05-28). "Kontoor Brands completes separation from VF Corp" (in en-gb). https://fashionunited.uk/news/business/kontoor-brands-completes-separation-from-vf-corp/2019052843399.
- ↑ Reagan, Courtney (2019-08-08). "CEO of Wrangler, Lee parent isn't afraid of a recession or tariffs on China-made goods" (in en). https://www.cnbc.com/2019/08/08/kontoor-brands-ceo-isnt-afraid-of-a-recession-or-tariffs-on-china-made-goods.html.
- ↑ Singh, Prachi (2018-12-06). "VF's separated jeanswear business to be named Kontoor Brands" (in en-gb). https://fashionunited.uk/news/business/vf-s-separated-jeanswear-business-to-be-named-kontoor-brands/2018120640371.
- ↑ "KTB - Kontoor Brands Inc Profile" (in en). https://www.reuters.com/markets/companies/KTB/.
- ↑ "Kontoor Brands, Inc.". https://www.bloomberg.com/profile/company/3KO:GR.
- ↑ "Fortune Kontoor Brands" (in en-US). https://fortune.com/company/kontoor-brands/.
- ↑ "Kontoor Brands, Inc. (KTB) Stock Price, Quote, History & News - Yahoo Finance" (in en-US). https://finance.yahoo.com/quote/KTB/.
- ↑ Craver, Richard (21 May 2026). "Greensboro's Kontoor to sell Lee jeans for $1 billion" (in en). News and Record. https://greensboro.com/news/local/business/development/article_3275d543-f3ea-498f-9ca1-62be26364895.html.
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