Helly Hansen designs and develops products for professionals and outdoor enthusiasts. Credit: ArDanMe/Shutterstock. The acquisition from Canadian Tire Corp will see Kontoor Brands taking over 100% ...
The company known for cowboys' favorite jeans adds a European brand familiar at ski resorts and on sailboats. Kontoor Brands’ impending deal to add Norwegian up-market outerwear and workwear ...
Kontoor Brands (KTB) has signed a definitive agreement to acquire Helly Hansen, the global outdoor and workwear brand. Under the terms of the agreement, Kontoor Brands will acquire 100% of Helly ...
Canadian Tire has struck a deal worth 1.28 billion Canadian dollars ($898.8 million) to sell outdoor-and-workwear business Helly Hansen to Kontoor Brands KTB1.20%increase; green up pointing ...
And this is its move into the outdoor and workwear category through its acquisition of Helly Hansen, A global brand that plays in this space. On February 19th, the management team at the business ...
Canadian Tire says it has signed an almost $1.3-billion deal to sell Helly Hansen to a U.S. owner of several clothing brands. Canadian Tire says the agreement will see the sportswear company ...
Kontoor expects Helly Hansen to generate more than $680 million of revenue and $80 million of adjusted EBITDA for full year 2025 Purchase price is approximately $900 million and reflects an ...
Canadian Tire Corp. Ltd. CTC-T has agreed to sell its global outdoor and activewear brand Helly Hansen in a nearly $1.3-billion deal, as the company seeks to reinvest in the Canadian retail ...
The multi-year supply deal will allow Canadian Tire and its brands to continue to sell Helly Hansen products. Canadian Tire bought Helly Hansen in 2018 through a $985-million deal with the Ontario ...
Under the terms of the agreement, Kontoor Brands will acquire 100% of Helly Hansen from Canadian Tire Corporation. “We are thrilled to welcome the Helly Hansen team into Kontoor Brands and to ...
Kontoor Brands to acquire Helly Hansen for global market expansion. Acquisition expected to enhance revenue, earnings, and cash flow. Next: Get access to a new market-moving chart every day ...
(Reuters) -Canadian Tire said on Wednesday it would sell its premium workwear business Helly Hansen to Kontoor Brands for C$1.28 billion ($901.2 million), as part of efforts to focus on its core ...