VF Corp Cleans Out Closet, Wrangler And Lee Become Kontoor Brands With May 22nd Spinoff

Until this week, VF Corporation’s (VFC) upcoming Kontoor Brand’s spinoff only had the vague timetable of ‘sometime in May’. Finally, we have some closure and some concrete details on the jeanswear company’s upcoming independence. The board of directors has now formally approved the spinoff which will take place after the close on May 22nd with shareholders expected to… Read More »