Canadian Tire announced Wednesday that it has signed a definitive agreement to sell its Helly Hansen business to Kontoor Brands, Inc. for total gross proceeds of $1.276 billion, subject to closing ...

Canadian Tire says it has signed an almost $1.3-billion deal to sell Helly Hansen to a U.S. owner of several clothing brands. Canadian Tire says the agreement will see the sportswear company ...

TORONTO — 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 clothing brands. Canadian Tire says the agreement announced Wednesday ...

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.

Canadian Tire Corp. Ltd. CTC-T has agreed to sell its global outdoor and activewear brand Helly Hansen in a nearly $1.3-billion deal, as the company seeks to reinvest in the Canadian retail ...

The multi-year supply deal will allow Canadian Tire and its brands to continue to sell Helly Hansen products. Canadian Tire bought Helly Hansen in 2018 through a $985-million deal with the Ontario ...

Kontoor Brands to acquire Helly Hansen for global market expansion. Acquisition expected to enhance revenue, earnings, and cash flow. Get access to your new suite of high-powered trading tools ...

(NYSE:KTB), are trading lower in premarket on Wednesday. Kontoor Brands has announced its acquisition of Helly Hansen, a brand specializing in outdoor and workwear. Under the terms of the deal ...

We apologize, but this video has failed to load. Try refreshing your browser, or tap here to see other videos from our team. TORONTO — Canadian Tire Corp. Ltd. says it has signed an almost $1.3 ...

(Reuters) -Canadian Tire said on Wednesday it would sell its premium workwear business Helly Hansen to Kontoor Brands for C$1.28 billion ($901.2 million), as part of efforts to focus on its core ...

Canadian Tire expects to continue selling Helly Hansen products under a multi-year supply agreement. The company expects to use the deal proceeds for share repurchases, to cut debt and to drive growth ...