Wrangler and Lee separated from VF Corporation
VF Corporation spun off its jeanswear business as Kontoor Brands, distributing shares to VF shareholders. The separation let VF concentrate on outdoor and activewear brands growing faster than denim, and gave Wrangler and Lee a management team focused on that category alone.
- Value
- —
- Buyer
- Kontoor Brands
- Seller
- VF Corporation
- Regulatory
- None recorded