Wrangler Owner Looks to Exit Jeans Business

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VF Corp., proprietor of Lee and Wrangler denims, is exploring strategic choices for its denim enterprise that would embody a sale or spin off of the traditional American manufacturers, in accordance with individuals acquainted with the scenario.

The attire conglomerate has owned Wrangler and Lee for many years and so they have been as soon as its core, however the firm’s denims gross sales have slowed lately as extra ladies go for yoga pants or premium denim manufacturers like J Model or Body.



Supply hyperlink – https://www.wsj.com/articles/wrangler-owner-looks-to-exit-jeans-business-1533928407?mod=pls_whats_news_us_business_f

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