Authentic Brands Group Completes Lee IP Acquisition From Kontoor Brands

Nov 3, 2026 12:11 PM

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Authentic Brands Group has finalized the acquisition of Lee’s intellectual property from Kontoor Brands, Inc. (NYSE: KTB), following a definitive agreement signed in May. Lee currently generates approximately $1.5 billion in annual retail-equivalent sales across 73 countries.

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Authentic Brands Group has completed its acquisition of Lee’s intellectual property from Kontoor Brands, Inc. (NYSE: KTB).

Authentic signed a definitive agreement in May to acquire the Lee intellectual property. Lee generates approximately $1.5 billion in annual retail-equivalent sales across 73 countries.

This article may include AI-generated content that is human-reviewed, which is for reference and general information purposes only and does not constitute investment advice.

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