Kontoor Brands

Kontoor Brands

Global lifestyle apparel design and distribution

About Kontoor Brands

Simplify's Rating
Why Kontoor Brands is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Consumer Goods

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Greensboro, North Carolina

Founded

2019

Overview

Kontoor Brands is a global lifestyle apparel company that focuses on designing, manufacturing, and distributing clothing. Their main brands, Wrangler® and Lee®, are well-known for their quality and style. The products are created to ensure a good fit and appealing look, allowing customers to express their individuality through fashion. What sets Kontoor Brands apart from its competitors is its strong heritage and recognition of its iconic brands, which have a loyal customer base. The company's goal is to provide high-quality apparel that empowers people to feel confident and free in their personal style.

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Simplify's Take

What believers are saying

  • Helly Hansen acquisition offers growth in the outdoor and workwear apparel market.
  • Increased investments indicate strong investor confidence in Kontoor Brands' future.
  • Sustainability trends offer opportunities for Kontoor to attract eco-conscious consumers.

What critics are saying

  • Cultural and operational challenges in integrating Helly Hansen may affect efficiency.
  • Increased competition from established brands like Patagonia could pressure margins.
  • Fluctuating raw material costs, especially cotton, may impact profitability.

What makes Kontoor Brands unique

  • Kontoor Brands owns iconic brands like Wrangler and Lee, enhancing brand recognition.
  • Acquisition of Helly Hansen expands Kontoor's portfolio into outdoor and workwear segments.
  • Strong focus on digital transformation to boost e-commerce and online presence.

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Funding

Total Funding

$400M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Paid Parental Leave

Flexible Work Hours

Tuition Reimbursement

Stock Price

Company News

Insider Monkey
Jun 2nd, 2025
Kontoor Brands, Inc. (KTB) Finalizes Purchase of Helly Hansen

Kontoor Brands, Inc. (NYSE:KTB) announced that it has officially completed its previously disclosed acquisition of Helly Hansen, a well-known global brand in outdoor and workwear apparel.

MarketBeat
Mar 10th, 2025
Dana Investment Advisors Inc. Makes New $654,000 Investment in Kontoor Brands, Inc. (NYSE:KTB)

Dana Investment Advisors Inc. makes new $654,000 Investment in Kontoor Brands, Inc. (NYSE:KTB).

Women's Wear Daily
Feb 19th, 2025
Kontoor Brands to Acquire Helly Hansen for $900 Million

Kontoor Brands to acquire Helly Hansen for $900 million.

Retail Insider
Feb 19th, 2025
Canadian Tire selling Helly Hansen for close to $1.3 billion

Canadian Tire announced Wednesday that it has signed a definitive agreement to sell its Helly Hansen business to Kontoor Brands, Inc. for total gross proceeds of $1.276 billion, subject to closing adjustments.

SGB Media
Feb 19th, 2025
EXEC: Kontoor Brands Acquires Helly Hansen from Canadian Tire Corp.

Kontoor Brands, Inc., the VF-offshoot parent of the Wrangler and Lee brands, has signed a definitive agreement to acquire Helly Hansen.

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