Kontoor Brands Inc

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US Q2 in brief – Vince Holding Corp, The Buckle, Zumiez just-style | 15 Sep 20

In the latest second-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. Despite many retailers swinging to a loss in the period – including G-III Apparel Group and American Eagle Outfitters –  online demand across its brands helped lift comparable sales at specialty clothing retailer Gap Inc, and casual clothing retailer Abercrombie & Fitch bounced back to profit.


Kontoor Brands project supports women garment workers Beth Wright | 14 Aug 20

Wrangler and Lee brand owner Kontoor Brands has teamed up with the HERproject women's empowerment programme to boost healthcare knowledge, critical health services and products for women in its supplier factories.


US Q1 in brief – VF Corp, J.Jill, Francesca's just-style | 31 Jul 20

In the latest first-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. VF Corp has reported a net loss of US$285.6m, while Francesca's has seen a 50% drop in net sales. Elsewhere, Macy's, Inc said its net loss totalled $3.58bn and PVH Corp has posted an "unprecedented" decline in revenue and earnings.


Fashion industry efforts to address global PPE shortages – Update just-style | 27 Jul 20

Texollini, Chargeurs*PCC Fashion Technologies, and Crystal International are among the latest fashion firms to mobilise their production facilities and supply chains to help address the global shortage of personal protective equipment (PPE), including face masks and hospital gowns, amid the coronavirus (Covid-19) pandemic. 


US Q4 in brief – Boot Barn Holdings, VF Corp, PVH Corp just-style | 21 May 20

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has posted a fall in both earnings and revenue, while VF Corp and PVH Corp have both reported a net loss. Elsewhere, Oxford Industries has booked its twelfth consecutive quarter of positive comparable sales, while G-III Apparel Group saw profit rise but revenue fall.  


Global retail staff and salary reductions amid Covid-19 – Update just-style | 1 May 20

As the impact of the coronavirus pandemic spreads across the apparel and footwear industry, brands and retailers are moving from store closures to worker lay-offs or furloughs, as well as executive pay cuts. Here are the latest:


Wrangler surpasses 2020 water saving target Michelle Russell | 23 Apr 20

US denim brand Wrangler has saved more than 7bn litres of water in the production of its denim products, surpassing its 2020 target.


Global retail closures as coronavirus spreads – Update just-style | 15 Apr 20

A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. 


Kontoor hits pause on Wrangler China launch Hannah Abdulla | 9 Mar 20

Kontoor Brands is to delay the launch of the Wrangler brand in China as a result of the coronavirus outbreak (Covid-19), which originated in the country at the end of 2019.


Lee develops fully biodegradable jeans Michelle Russell | 12 Feb 20

Kontoor Brands-owned Lee Jeans has developed a range of fully biodegradable jeans, and a denim collection produced using a waterless dyeing process to coincide with the launch of the brand’s first global sustainability platform.


US Q3 in brief –Boot Barn Holdings, VF Corp, Genesco just-style | 5 Feb 20

In the latest third-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered an increase in both profit and revenue with the company "well-positioned" to deliver a solid finish to fiscal 2020, Stage Stores has narrowed its net loss, and American Eagle Outfitters has booked record sales. Elsewhere, J.Crew Group has announced an agreement on the terms of a transaction that will enable it to separate its J.Crew and Madewell brands into two independent companies and pursue a proposed IPO of Madewell. 


Kontoor Brands now zero-waste at US distribution centres Beth Wright | 17 Dec 19

Wrangler and Lee brand owner Kontoor Brands has reached zero-waste designation for all of its owned and operated distribution centres in North America – in a move that means at least 95% of the waste from these facilities will be diverted from landfills through recycling, composting and reuse.


Apparel brands join forces to tackle global packaging supply chain Beth Wright | 3 Oct 19

Apparel industry heavyweights H&M, VF Corp, Kontoor Brands and Asos are among ten companies that have committed to a new initiative launched by environmental not-for-profit Canopy to transform the impacts of the global packaging supply chain on forests.


Kontoor releases first forest-friendly sourcing policy Michelle Russell | 25 Sep 19

Kontoor Brands, the owner of the Wrangler and Lee brands that was recently spun-off from VF Corp, has released its first Forest Derived Materials policy, which sets formal standards for the company’s purchasing and use of sustainable forest materials and products.


Apparel brands unite to tackle gender-based violence in Lesotho Beth Wright | 16 Aug 19

Levi Strauss & Co, The Children's Place, and Kontoor Brands are launching a comprehensive pilot programme to prevent gender-based violence and harassment (GBVH) in garment factories in Lesotho after an investigation documented a "deeply concerning" pattern of abuse and harassment at a key suppliers in the country.


Kontoor Brands says cost-cutting is paying off Hannah Abdulla | 8 Aug 19

Kontoor Brands, the owner of the Wrangler and Lee brands that was recently spun-off from VF Corp, has reported a fall in revenues and profits for the second quarter but insists the restructuring and cost-saving actions it has taken to stabilise the business are paying off.


US Q1 in brief – Boot Barn Holdings, VF Corp, Cherokee Global Brands just-style | 1 Aug 19

In the latest first-quarter filings from US apparel and footwear brands and retailers, VF Corp has raised its fiscal 2020 outlook, Cherokee Global Brands booked a mixed first quarter and announced it will officially rebrand to Apex Global Brands, Destination Maternity reported a challenging start to the year amid the news Marla Ryan will step down as CEO, while PVH Corp saw profits slip. Dick's Sporting Goods enjoyed higher sales as did Footlocker. 


Kontoor Brands names Simon Fisher MD for EMEA Beth Wright | 17 Jul 19

VF Corporation jeans and outlet business spinoff Kontoor Brands has named Simon Fisher as managing director of the EMEA region, with responsibility for the Lee and Wrangler business.


Kontoor Brands begins trading following VF spinoff Beth Wright | 23 May 19

Kontoor Brands has completed its separation from VF Corporation and is now a global, independent, publicly traded company that will trading today (23 May) on the New York Stock Exchange.


Kontoor Brands spin-off from VF gets the green light Beth Wright | 30 Apr 19

US apparel giant VF Corp has been given the green light by its board of directors to proceed with plans to spin off its jeans business into a separate publicly traded company that includes brands such as Lee and Wrangler.


VF Corp sees lower FY outlook at Kontoor Brands Hannah Abdulla | 29 Apr 19

VF Corporation is expecting full-year revenue and earnings guidance at newly spun-off denim division Kontoor Brands to be lower year-on-year, as a result of operational actions related to the separation.


VF Corp names jeanswear spin-off Kontoor Brands Beth Wright | 7 Dec 18

US apparel giant VF Corp is to name its jeanswear business Kontoor Brands Inc following the planned spin-off of the unit next year.

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