Kontoor Brands: brands it owns and its ownership tree
Kontoor Brands (NYSE: KTB) is a publicly listed company headquartered in Greensboro, North Carolina, United States that owns 3 consumer brands, and has 1 recorded transaction.[1]
Kontoor Brands is the denim business VF Corporation spun off in 2019, taking Wrangler and Lee out of a portfolio that had shifted towards outdoor and activewear. It is one of the largest jeanswear companies in the world by units sold.
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.