Norwegian apparel brand Helly Hansen has been sold to American company Kontoor Brands, known for owning Wrangler and Lee, for approximately $900 million (around 10 billion NOK). Most of Helly ...

In a Thursday interview with CNBC’s Jim Cramer, Kontoor Brands CEO Scott Baxter discussed the apparel company’s new ...

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Kontoor Brands acquires Helly Hansen for $900M to expand into outdoor/workwear. Improved profitability, but valuation ...

Kontoor Brands, Inc. (KTB), the VF-offshoot parent of the Wrangler and Lee brands, has signed a definitive agreement to acquire 100 percent of Helly Hansen from Canadian Tire Corporation (CTC). CTC ...

Canadian Tire Corp. Ltd. says it has signed an almost $1.3-billion deal to sell Helly Hansen to a U.S. owner of several ...

Helly Hansen has always been a strange fit for CTC as a premium brand owned by a multi-banner retailer, and will slot more easily into Kontoor’s brand portfolio model. KTB believes that adding HH will ...

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“It ticks all the boxes for us,” Baxter said, pointing to Helly Hansen’s expertise in both outdoor and workwear, the ...