Report: Lee, Wrangler Owner In Greensboro May Exit The Jeans Business

posted by Dennis Elliott - 

The corporate owner of Lee and Wrangler jeans may be considering selling the iconic brands, according to a Friday report published by the Wall Street Journal.

VF Corp. in Greensboro – the apparel conglomerate that owns both brands – may be considering spinning off or selling Lee and Wrangler as demand for denim declines, the report says, citing corporate insiders.

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