SHARE

Kontoor Brands lifts full-year forecast after 8% sales rise in Q2 

The US apparel group reported Q2 revenue of $658.3m, up 8%, with net profit up 43% to $73.9m. Growth was driven by the Wrangler brand and the recent acquisition of Helly Hansen, which contributed $29m in sales.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.