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 ...
Kontoor Brands of Greensboro to buy outdoor-apparel icon Helly Hansen
Greensboro’s Kontoor Brands is going deep into the outdoor apparel market, buying 148-year-old Helly Hansen, the company ...
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 ...
Kontoor Brands: Helly Hansen, A Massive Purchase
Kontoor Brands acquires Helly Hansen for $900M to expand into outdoor/workwear. Improved profitability, but valuation ...
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 ...
The Canadian Press on MSN5d
Canadian Tire signs deal to sell Helly Hansen to Kontoor Brands for $1.3 billion
Canadian Tire Corp. Ltd. says it has signed an almost $1.3-billion deal to sell Helly Hansen to a U.S. owner of several ...
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, ...
Wall Street Journal4d
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’ ...