Authentic Brands Group (ABG) announced a new partnership with the global fashion apparel company One Jeanswear Group (OJG), a wholly-owned subsidiary of Premier Brands Group Holdings, for Lee. The ...

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Denim maker Lee has been sold in a deal worth up to $1 billion after its current owner decided it no longer wanted to invest in the brand. On Thursday, the Authentic Brands Group announced it planned ...

Kontoor Brands of Greensboro announced this morning that it has signed a definitive agreement to sell its Lee business to Authentic Brands Group in a deal worth at least $750 million that could grow ...

Currently, Lee generates approximately $1.5 billion in annual retail-equivalent sales across 73 countries, with nearly 40 percent coming from outside the US and Canada. At the deal’s closing, ...

Editor’s note: This story has been updated to reflect additional information. Authentic Brands Group (ABG) has purchased the 137-year-old Lee denim brand from Kontoor Brands, Inc. ABG, with a brand ...