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Kontoor Brands revenues drop by 9 percent, expects recovery in Q4

For the third quarter, Kontoor Brands, Inc., having Wrangler and Lee under its portfolio, reported revenue decrease of 9 percent to 583 million dollars, on a reported and constant currency basis. The company said in a statement that revenue declines during the quarter were primarily driven by Covid-19 impacts, offset in part by increases in...

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