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18-08 2021
US denim pioneer Kontoor Brands raises annual outlook following strong Q2

US denim bigwig Kontoor Brands, which owns Wrangler and Lee, has raised its annual outlook after a robust second quarter.The company saw its Q2 revenue surge to US $ 491 million – that’s a rise of 41 per cent on a reported basis and 37 per cent in constant currency.Notably, the adjusted revenue fell

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