Kontoor Brands: brands it owns and its ownership tree
Kontoor Brands (NYSE: KTB) is a publicly listed company headquartered in Greensboro, North Carolina, United States that owns 3 consumer brands, and has 2 recorded transactions.[1]
Kontoor Brands is the denim business VF Corporation spun off in 2019, taking Wrangler and Lee out of a portfolio that had shifted towards outdoor and activewear. It is one of the largest jeanswear companies in the world by units sold.
Kontoor Brands agreed to sell the Lee jeans brand to an affiliate of Authentic Brands Group for up to $1 billion: $750 million in cash at closing and up to $250 million more in an earnout. It would leave Kontoor with Wrangler and Helly Hansen, and put Lee with the brand-licensing group that already owns Nautica and Brooks Brothers and licenses its names to operators rather than making the clothes itself.
VF Corporation spun off its jeanswear business as Kontoor Brands, distributing shares to VF shareholders. The separation let VF concentrate on outdoor and activewear brands growing faster than denim, and gave Wrangler and Lee a management team focused on that category alone.
No tagged news items yet. Deals, regulatory actions and recalls are added from SEC filings, regulators and trade press; only titles and links are stored.
Headlines link to the original publisher. Brandtree does not reproduce article text.
Frequently asked questions
What brands does Kontoor Brands own?
⌄
Kontoor Brands owns 3 consumer brands tracked here, including Wrangler, Lee and Helly Hansen.
Is Kontoor Brands an American company?
⌄
Yes. Kontoor Brands is headquartered in Greensboro, North Carolina, United States and was founded in 2019.
Who owns Kontoor Brands?
⌄
Kontoor Brands is a publicly listed company owned by its shareholders; it trades as KTB on the NYSE.
What was Kontoor Brands' most recent acquisition?
⌄
The most recent completed acquisition recorded here is Wrangler and Lee on 23 May 2019.
Sources (3) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.