Kontoor Brands
This coverage explores Kontoor Brands’ presence and strategy within the UK retail market. Reporting focuses on the performance of its portfolio, including Wrangler and Lee, with updates on store activity, wholesale partnerships, marketing campaigns, sustainability initiatives, and leadership moves. Insights are tailored for retail professionals monitoring denim, apparel, and lifestyle sectors, with emphasis on brand positioning and market dynamics.
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Mar- 2024 -20 MarchNews
Today’s news in brief-20/3/24
UK inflation dropped to 3.4% in February 2024, surpassing economists’ expectations of 3.5%. This decline was mainly attributed to easing food inflation. The prices of bread and cereals rose slightly by 0.3% compared to a significant increase of 2.3% in the previous year, contributing to the overall decrease in food…
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20 MarchClothing & Shoes
Kontoor Brands appoints new COO
Lifestyle apparel company Kontoor Brands has announced the appointment of Tom Waldron as its new chief operating officer. In his new role, Waldron will assume responsibility for two of the company’s consumer brands, Wrangler and Lee, globally. In addition, he will maintain oversight of the company’s global supply chain operations. …
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Aug- 2023 -22 AugustClothing & Shoes
Kontoor brands appoints new exec VP and CFO
Kontoor Brands, a global lifestyle apparel company and owner of Wrangler and Lee, has appointed Joe Alkire as its new executive vice president and chief financial officer. The news comes after Rustin Welton, executive vice president and chief financial officer, decided to retire from Kontoor after four years of service…
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May- 2023 -5 MayClothing & Shoes
Kontoor Brands sales dip 2% to $667m
Kontoor Brands has reported a decline in sales of 2% to $667m ( £528m) during the first quarter ended 1 April 2023. The maker of Lee and Wrangler denim brands said that while revenue increases were made in domestic wholesale and DTC, the company’s international wholesale market suffered, thanks to…
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Aug- 2022 -8 AugustClothing & Shoes
Kontoor Brands revenue up 25% in Q2
Global lifestyle apparel company, Kontoor Brands, has seen revenue increase by 25% to $614m (£507m) in Q2, largely driven by strength in the U.S. in both its Digital and wholesale channels. The group’s strongest brands, Wrangler and Lee, also reported a revenue increase of 19% and 14% respectively in H1…
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