U.S. revenue was $569 million and increased 6 percent compared to the prior-year Q4 period. U.S. Wholesale revenue increased ...

The sale would generate cash that Magna can use to scale up its remaining operations, pay down debt and buy back shares ...

BMO Capital Markets upgraded shares of Canadian Tire (TSE:CTC.A – Free Report) from a market perform rating to an outperform rating in a report released on Thursday,BayStreet.CA reports. The firm ...

Norwegian apparel brand Helly Hansen has been sold to American company Kontoor Brands, known for owning Wrangler and Lee, for approximately $900 million (around 10 billion NOK). Most of Helly ...

With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help ...

An Alberta couple is $54 million richer and heading to Palm Springs after hitting the massive Lotto 6/49 jackpot in late ...

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

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

Kontoor CEO Scott Baxter says Helly Hansen focuses on the Wrangler and Lee owner's top expansion categories in outdoor and ...

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

Kontoor Brands acquires Helly Hansen for $900M to expand into outdoor/workwear. Improved profitability, but valuation ...