Big news for AAPN member VF Corp.
VF Corp.’s board of directors has approved the planned separation of the company’s Jeanswear unit into Kontoor Brands, which will operate as an independent, publicly traded company.
The new company, which will include the Wrangler, Lee and Rock & Republic brands, and the VF Outlet business, will go public after market close on May 22 on the New York Stock Exchange under the stock symbol “KTB,” meaning its first day of trading will be May 23. Read More