Kontoor Brands
TypePublic
NYSE: KTB
S&P 600 component
Industryclothing
HeadquartersGreensboro, North Carolina
Key people
Scott Baxter (CEO) [1]
Brands
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.
  2. ↑ "Kontoor Brands Reports Fourth Quarter and Full Year 2019 Results; Provides Outlook for Full Year 2020".
  3. ↑ "Company Information".
  4. ↑ Riley Moffat, Anne (2018-12-06). "VF names planned jeans spinoff Kontoor, not Wrangler or Lee". Bloomberg.com. Retrieved 2020-02-05.
  5. 1 2 Journal, Richard Craver Winston-Salem. "Kontoor begins independent life with focus on jeans innovation, attracting new customers". Winston-Salem Journal. Retrieved 2020-02-19.
  6. ↑ Business, Paul R. La Monica, CNN (25 March 2019). "Lee and Wrangler hope to be a hit like Levi's". CNN. Retrieved 2020-02-10. {{cite web}}: |last= has generic name (help)CS1 maint: multiple names: authors list (link)
  7. ↑ Wightman-Stone, Danielle (2019-05-28). "Kontoor Brands completes separation from VF Corp". fashionunited.uk. Retrieved 2020-02-05.
  8. ↑ Reagan, Courtney (2019-08-08). "CEO of Wrangler, Lee parent isn't afraid of a recession or tariffs on China-made goods". CNBC. Retrieved 2020-02-10.
  9. ↑ Singh, Prachi (2018-12-06). "VF's separated jeanswear business to be named Kontoor Brands". fashionunited.uk. Retrieved 2020-02-05.
  10. ↑ Editorial, Reuters. "KTB - Kontoor Brands Inc Profile | Reuters". www.reuters.comundefined. Retrieved 2020-02-05. {{cite web}}: |first= has generic name (help)
  11. ↑ "Kontoor Brands, Inc". www.bloomberg.com. Retrieved 2020-02-05.
  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". Retrieved 2020-03-01.
  13. ↑ "Kontoor Brands, Inc. (KTB) Stock Price, Quote, History & News - Yahoo Finance". finance.yahoo.com. Retrieved 2020-02-05.
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