Kontoor Brands Inc. Achieves Strong Sales Growth in Q3, Despite Challenges in China

2023-11-05 10:42:07

Translated by

Clementine Martin

Published on

5 nov. 2023

Kontoor Brands Inc. just released its third quarter results. The group achieved 655 million dollars (610.98 million euros) in sales, up 8% thanks to good results from wholesale in the United States and direct sales, which helped offset the drop in revenues. in China. WranglerThe owner of the Lee and Wrangler jeans brands earned revenues of $506 million (472 million euros) in the United States in the third quarter, an increase of 12%. In the country, wholesale is also growing by 12% thanks to good performance in all categories and distribution channels and an additional gain in market share.

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