Company:Kontoor Brands

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Short description: American apparel company
Kontoor Brands
TypePublic
NYSE: KTB
S&P 600 component
Industryclothing
HeadquartersGreensboro, North Carolina
Key people
Scott Baxter (CEO) [1]
Brands
  • Lee
  • Wrangler
  • Rock & Republic
RevenueIncrease $2.5 billion(2019)[2]
Number of employees
15,000[3]
Websitekontoorbrands.com

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 denim clothing under the Lee, Wrangler and Rock & Republic brand names.[9][10] Kontoor Brands also operates the VF Outlet chain of factory outlet stores. Its head office is in Greensboro, North Carolina.[11][5]

Stock in the company is traded on the New York Stock Exchange under the symbol KTB; market capitalisation in 2020 was about $2.2 billion.[12][13]

References

  1. ↑ "Power 100 2020 Q&A: Scott Baxter". February 2020. https://businessnc.com/power-100-2020-qa-scott-baxter. 
  2. ↑ "Kontoor Brands Reports Fourth Quarter and Full Year 2019 Results; Provides Outlook for Full Year 2020". https://www.kontoorbrands.com/news-media/press-release/48/kontoor-brands-reports-fourth-quarter-and-full-year-2019. 
  3. ↑ "Company Information". https://www.kontoorbrands.com/investors/company-information. 
  4. ↑ 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. ↑ 5.0 5.1 Journal, Richard Craver Winston-Salem. "Kontoor begins independent life with focus on jeans innovation, attracting new customers" (in en). https://www.journalnow.com/business/kontoor-begins-independent-life-with-focus-on-jeans-innovation-attracting/article_824b6fd4-9a9d-50e0-9b38-b5209a73f84c.html. 
  6. ↑ Business, Paul R. La Monica, CNN (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. 
  7. ↑ 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. 
  8. ↑ 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. 
  9. ↑ 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. 
  10. ↑ Editorial, Reuters. "KTB - Kontoor Brands Inc Profile | Reuters" (in en). https://www.reuters.comundefined/. [|permanent dead link|dead link}}]
  11. ↑ "Kontoor Brands, Inc.". https://www.bloomberg.com/profile/company/3KO:GR. 
  12. ↑ Bellis, Mark. "Reason's why Kontoor Brands, Inc. (KTB) is an asset to your trade with current Target Price of $34.44 | Invest Chronicle" (in en-US). https://investchronicle.com/2020/02/29/reasons-why-kontoor-brands-inc-ktb-is-an-asset-to-your-trade-with-current-target-price-of-34-44/. 
  13. ↑ "Kontoor Brands, Inc. (KTB) Stock Price, Quote, History & News - Yahoo Finance" (in en-US). https://finance.yahoo.com/quote/KTB/. 



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