Helly Hansen, the well-known sailing brand, is opening a new flagship store in Newport this week. The store, spanning 6,400 ...

North Carolina-based Kontoor Brands, the parent company of lifestyle apparel brands Wrangler and Lee, has entered a definitive agreement to acquire global outdoor and workwear brand Helly Hansen.

Kontoor Brands stock was impacted by investor concerns such as rising tariffs and economic uncertainty, as well as its Helly Hansen deal. Learn more on KTB stock here.

The couple produced waterproof jackets, trousers and sou’westers made from linen soaked in linseed oil, but eventually expanded into the ski, snowboard, sailing and workwear markets. Canadian Tire ...