Canadian Tire has struck a deal worth $898.8 million to sell outdoor-and-workwear business Helly Hansen to Kontoor Brands as ...

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 ...

Kontoor Brands, owner of denim giants Wrangler and Lee, is expanding its portfolio with the addition of global outdoor and ...

Canadian Tire Corp. Ltd. has reached an agreement to sell Helly Hansen to US-based Kontoor Brands in a deal valued at nearly ...

The addition of Helly Hansen, which was acquired from Canadian Tire Corp., is expected to accelerate sales, earnings and cash ...

Retailer plans to use the proceeds to pay down debt, to buy back shares and to invest in its stores amid ‘market uncertainty’ ...

Canadian Tire is selling activewear brand Helly Hansen to Kontoor Brands — the U.S. owner of Wrangler jeans — for $1.3 ...

Feb 19 (Reuters) - Canadian Tire (CTCa.TO), opens new tab said on Wednesday it would sell its premium workwear business Helly Hansen to Kontoor Brands (KTB.N), opens new tab for C$1.28 billion ($ ...

Canadian retail giant Canadian Tire (TSE:CTC) made news just days ago for responding to the potential incoming tariffs on Canadian goods. Now, ...

Kontoor Brands Inc. has learned a thing or two about acquisitions from former parent VF Corp. And Kontoor CEO Scott Baxter himself has talked about doing deals once the company established a ...

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.

The acquisition from Canadian Tire Corp will see Kontoor Brands taking over 100% ownership of Helly Hansen for total gross proceeds of approximately $1.27bn or a purchase price of around $900m.