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 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 ...
Canadian Tire Corporation announces sale of Helly Hansen to Kontoor Brands; simplifying CTC portfolio to focus on Canadian retail growth
CTC or the Company) today announced that it has signed a definitive agreement to sell its Helly Hansen business to Kontoor ...
Canadian Tire signs deal to sell Helly Hansen to Kontoor Brands for $1.3 billion
TORONTO - Canadian Tire Corp. Ltd. says it has signed an almost $1.3-billion deal to sell Helly Hansen to a U.S. owner of ...
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, ...
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, ...
Kontoor Brands expects Q4 profit ahead of estimates; announces $900M deal to acquire Helly Hansen
Kontoor Brands (KTB) beats Q4 revenue estimates, projects $1.38 EPS, and announces the $900M acquisition of Helly Hansen to ...
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 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’ ...
Reuters2d
Canadian Tire to sell Helly Hansen business to Kontoor Brands for $901 million
Feb 19 (Reuters) - Canadian Tire (CTCa.TO), opens new tab said on Wednesday it would sell its premium workwear business Helly Hansen to Kontoor Brands (KTB.N), opens new tab for C$1.28 billion ($ ...
Kontoor Brands to buy Helly Hansen from Canadian Tire Corporation
Kontoor Brands, the apparel company behind Wrangler and Lee, is to acquire Canadian outdoor workwear brand Helly Hansen from Canadian Tire Corporation. Founded in Norway in 1877, Helly Hansen is known ...
Kontoor Brands to acquire Helly Hansen for approximately $900M
Kontoor Brands (KTB) has signed a definitive agreement to acquire Helly Hansen, the global outdoor and workwear brand. Under the terms of the ...