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Lee: Authentic Brands acquires the denim icon in a $1 billion deal

FN·May 21 ago·3 min read
Photograph via Fashion Network
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US giant Authentic Brands has announced the acquisition of Lee from Kontoor Brands. The deal is valued at $750 million, with a performance-based earn-out of up to $250 million.

US giant Authentic Brands has announced the acquisition of Lee from Kontoor Brands. The deal is valued at $750 million, with a performance-based earn-out of up to $250 million.

US giant Authentic Brands has announced the acquisition of Lee from Kontoor Brands. The deal is valued at $750 million, with a performance-based earn-out of up to $250 million.

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