Canadian Tire Selling Helly Hansen to Kontoor Brands for C$1.28 Billion
Canadian Tire has struck a deal worth $898.8 million to sell outdoor-and-workwear business Helly Hansen to Kontoor Brands as ...
Helly Hansen ‘Ticks All the Boxes’ for Kontoor, According to CEO Scott Baxter
“It ticks all the boxes for us,” Baxter said, pointing to Helly Hansen’s expertise in both outdoor and workwear, the ...
Kontoor Brands: Helly Hansen, A Massive Purchase
Kontoor Brands acquires Helly Hansen for $900M to expand into outdoor/workwear. Improved profitability, but valuation ...
Kontoor Brands to Acquire Helly Hansen for $900 Million
The addition of Helly Hansen, which was acquired from Canadian Tire Corp., is expected to accelerate sales, earnings and cash ...
Canadian Tire selling Helly Hansen activewear brand for nearly $1.3-billion
Retailer plans to use the proceeds to pay down debt, to buy back shares and to invest in its stores amid ‘market uncertainty’ ...
The Canadian Press on MSN2d
Canadian Tire to sell Helly Hansen to U.S. clothing brand
Canadian Tire says the agreement will see the sportswear company wind up in the hands of Kontoor Brands, which owns Wrangler, ...
Retail Insider3d
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 ...
Canadian Tire signs deal to sell Helly Hansen for $1.3 billion
Canadian Tire bought Helly Hansen in 2018 through a $985-million deal with the Ontario Teachers’ Pension Fund, but the brand ...
Canadian Tire (TSE:CTC) Sells Off Helly Hansen Brand
Canadian retail giant Canadian Tire (TSE:CTC) made news just days ago for responding to the potential incoming tariffs on Canadian goods. Now, ...
Wall Street Journal2d
Canadian Tire Selling Helly Hansen to Kontoor Brands for C$1.28 Billion
The move will shift Canadian Tire from owner of the global brand to a customer, as it already sells Helly Hansen clothing and gear in its Canadian Tire, SportChek and Mark’s stores in Canada.
Canadian Tire sells iconic Helly Hansen brand to U.S. company
Canadian Tire is selling activewear brand Helly Hansen to Kontoor Brands — the U.S. owner of Wrangler jeans — for $1.3 ...