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Kontoor Brands agrees to sell Lee Denim to Authentic Brands Group for up to $1B

Kontoor Brands (NYSE:KTB) has signed a definitive agreement to sell its iconic Lee® apparel business to Authentic Brands Group in a transaction valued at up to $1 billion, marking a significant strategic shift for the apparel manufacturer.

Leia mais: Kontoor Brands agrees to sell Lee Denim to Authentic Brands Group for up to $1B
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Vipshop net income soars 13.6% as volume growth cushions soft revenue outlook

Vipshop Holdings (NYSE:VIPS) reported a 13.6% expansion in net income attributable to shareholders for the first quarter of 2026, navigating a highly competitive Chinese e-commerce sector by leveraging enhanced margins and expanding its total transaction volumes.

Leia mais: Vipshop net income soars 13.6% as volume growth cushions soft revenue outlook
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Retail

Super Hi revenue climbs 14.2% on surging hot pot delivery and demand

Super Hi International Holding (NASDAQ:HDL) reported its unaudited financial results for the first quarter ended March 31, 2026, delivering double-digit top-line growth and a strong rebound in localized restaurant metrics, which were offset below the operating line by widening foreign exchange headwinds.

Leia mais: Super Hi revenue climbs 14.2% on surging hot pot delivery and demand