Lee news and archive

After solid start to quarter, Kontoor Brands updates annual forecasts

The US apparel company Kontoor Brands Inc. kept its revenue largely stable in the first quarter of fiscal year 2025. However, negative special effects weighed on profits. In addition to the current figures, the parent company of denim brands Wrangler and Lee also presented updated annual forecasts on Tuesday. These now also take into account the...

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Jamie Givens appointed EMEA MD to lead Wrangler and Lee’s regional growth

Lee and Wrangler owner Kontoor Brands has named Jamie Givens to the position of managing director, EMEA. He will report to Tom Waldron, chief operations officer, Kontoor Brands. “Jamie's extensive experience in cultivating global brands, coupled with his remarkable leadership track record, will be an invaluable asset to Kontoor’s global team,”...

Fashion |In Pictures

Paul Smith launches denim collaboration with Lee

British fashion designer Paul Smith has launched a limited-edition collection with American denim brand Lee for spring/summer 2025. First introduced at the Paul Smith spring/summer 2025 presentation at Pitti Uomo, the 14-piece limited-edition collection sees the British brand reimagining iconic American styles in the designer’s signature stripes...

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Kontoor Brands' Helly Hansen acquisition to boost EPS, long-term growth

Kontoor Brands, affirming its strong preliminary fourth-quarter results with 699 million dollars in revenue, a 4 percent increase, has presented an optimistic outlook for the year ahead, excluding the potential benefits of the Helly Hansen acquisition. Kontoor Brands acquired the outerwear brand for 900 million dollars from Canadian Tier...

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Kontoor Brands announces strong Q4 results and Helly Hansen acquisition

Kontoor Brands, parent company of the Wrangler and Lee brands, released preliminary fourth-quarter financial results, revealing a 4 percent year-over-year revenue increase to approximately 699 million dollars. The company also reported an adjusted gross margin of approximately 44.7 percent, a 160 basis point improvement, and an approximate 23...

Fashion |In Pictures

Lee unveils denim collaboration with Blue Blue

American denim brand Lee has launched a collaboration with Japanese heritage denim label Blue Blue celebrating the fusion of American workwear and Japanese textile craftsmanship. The limited-edition collection features reimagined archival Lee 91-B and 11-Z silhouettes with Tokyo-based Blue Blue’s signature Japanese flow jacquard denim, blending...

Fashion

Lee launches new menswear range under Lee X

Denim brand Lee has launched a new product platform under the name Lee X, which is geared towards helping men find the best fit and modern designs. Encompassing a new capsule collection, the Lee X platform builds on Lee’s best-selling Extreme Motion line for men, which introduced stretch fabrics and flexible waistbands to men’s denim nine years...

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Kontoor Brands raises outlook after "better-than-expected" Q3

Kontoor Brands, with a portfolio led by Wrangler and Lee, reported third quarter revenue of 670 million dollars, an increase of 2 percent driven by growth in global direct-to-consumer and US wholesale, partially offset by a decline in international wholesale revenue. Earnings per share were 1.26 dollars on a reported basis. On an adjusted basis,...

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Kontoor Brands reports Q2 results, raises outlook

Kontoor Brands’ second quarter revenue was 607 million dollars, down 1 percent driven by retailer inventory management actions in the US, the anticipated decrease in revenue from seasonal products and lower international revenue. The company said that the result was partially offset by growth in direct-to-consumer, as well as an approximate...

Fashion |In Pictures

HeyDude and Lee unveil footwear collaboration

Denim brand Lee and casual American footwear brand HeyDude, owned by Crocs, have unveiled a shoe collaboration for the summer. The capsule collection features shoes for men and women, combining HeyDude’s playful comfort with Lee’s workwear heritage and inspired by a coastal vibe. Paul Nugent, senior vice president, chief marketing officer at...

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Kontoor Brands raises 2024 earnings outlook

For its first quarter Kontoor Brands revenue was 631 million dollars, a decrease of 5 percent or 6 percent in constant currency compared to the prior year. The company said in a release that revenue decline was primarily driven by retailer inventory management actions in the US, a decrease in revenue from seasonal products, and lower...

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Kontoor Brands Q4 revenues drop, announces 'Project Jeanius' to drive growth

Fourth quarter revenue at Kontoor Brands was 670 million dollars, a decrease of 8 percent or 9 percent in constant currency, driven by retailer inventory management actions in the U.S., partially offset by gains in digital wholesale, China and DTC. Full year revenue was 2.61 billion dollars, a decrease of 1 percent. The company’s growth in DTC...