#Denim

2023-12-14

Kontoor Brands announces USD300 Million share repurchase program

Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported that the Company’s Board of Directors has authorized a share repurchase program of up to $300 million of the Company’s common stock. The new repurchase authorization replaces the existing share repurchase program announced on August 5, 2021.

“Today’s announcement of a $300 million share repurchase program illustrates our enhanced capital allocation optionality and reflects the strong cash flow generation of our business, while underscoring Kontoor’s unrelenting focus on delivering superior Total Shareholder Return over time,” said Scott Baxter, President, Chief Executive Officer and Chair of Kontoor Brands.

The share repurchase program approved by the Company’s Board of Directors authorizes the repurchase of up to $300 million of the Company’s outstanding common stock.

The timing and amount of repurchases will be determined by the Company based on its evaluation of market conditions, continued compliance with its debt covenants and other factors. The program does not have an expiration date but may be suspended, modified or terminated at any time without prior notice. The Company expects to fund repurchases through cash flow generated from operations.

Wrangler® and Barbie® launch collection of coordinating denim, jackets, tops, tees, and dresses for women and girls

Global denim brand and the leading authority in western fashion, Wrangler® today announced its collaboration with Mattel, Inc.'s Barbie, the #1 fashion doll brand inspiring a cultural phenomenon. The Wrangler x Barbie collection celebrates two brands with similar heritage, united in the desire to encourage women and girls to be strong, confident, free and fearlessly chase their dreams.

Officina39 brings “Shades of Sunset” to Kingpins Amsterdam

At the Winter edition of Kingpins Amsterdam (October 15–16, SugarFactory), Officina39 unveils Shades of Sunset, the new creative collection where color becomes a language for emotions. Inspired by the shifting hues of the sky at dusk, both on calm days and during dramatic storms, this interpretation of Spring–Summer 2027 embraces the imperfect beauty of nature and turns it into expressive, wearable storytelling. From serene and sun-washed gradients to intense contrasts and moody undertones, each piece reflects a unique “sunset state of mind.”

Jeanologia shapes the denim of the future at Kingpins with ‘Mediterranean Soul’

Jeanologia, the global leader in sustainable technologies for the textile industry, returns to Kingpins Amsterdam with its new collection “Mediterranean Soul”, blending nature, creativity, and technology to prove that authentic denim can be designed and produced with efficiency and minimal environmental impact.

T-CAN – Revolutionizing can transport

In virtually all spinning mills, transporting sliver cans is still done manually. Rising labor costs, lack of operators and increasing quality requirements make this a growing challenge. With T-CAN, Trützschler introduces a practical solution: a fully automated can transport system that will be presented live at ITMA ASIA 2025 in Singapore.

Francois Guetat joins Suominen as COO

Francois Guetat brings over two decades of global experience in operations, supply chain, and manufacturing excellence. Most recently, he served as SVP of Integrated Supply Chain at Kalmar, where he led business across sourcing, manufacturing, logistics and strategy. His leadership has been shaped by 22 years at Volvo, where he held key roles in Sweden, USA, and Poland.

DuPont™ Nomex® plant in Asturias receives ISCC PLUS certification

DuPont announced today that its Nomex® production facility in Tamón, Asturias, has received International Sustainability and Carbon Certification (ISCC PLUS) certification. This achievement underscores DuPont's commitment to advancing its sustainability goals and building capabilities to provide reliable Nomex® solutions from sustainable raw materials worldwide.

From concept to stage: Submit presentations for the Techtextil Forum and Texprocess Forum 2026 now

Anyone who wants to contribute to shaping the future of the textile industry can submit a presentation for the Techtextil and Texprocess Forum by 15 December 2025. Both stages represent innovation and practical solutions and promote exchange between research and industry. An international Programme Committee selects the contributions and curates a programme on key future topics in the textile sector. From 21 to 24 April 2026, the two leading trade fairs will once again be the centre of global business dialogue in Frankfurt.