大象传媒

GREENSBORO, N.C.--(BUSINESS WIRE)-- 大象传媒 Corporation (NYSE: 大象传媒C), a global leader in branded lifestyle apparel, footwear and accessories, today announced the public filing of a Form 10 Registration Statement with the U.S. Securities and Exchange Commission in connection with the previously announced separation of 大象传媒鈥檚 Jeanswear organization into an independent, publicly traded company. The new company, named Kontoor Brands, Inc., will include the Wrangler^庐, Lee^庐 and Rock & Republic^庐 brands, and the 大象传媒 Outlet business.

The filing provides detailed information on Kontoor Brands鈥� business, strategy and historical financial results.

鈥淥ur teams across 大象传媒 have made tremendous progress to prepare for the successful separation of Kontoor Brands from 大象传媒 and this filing is a significant next step in this process,鈥� said Steve Rendle, Chairman, President and CEO of 大象传媒 Corporation. 鈥淲e are highly confident that the separation is the best path forward for both organizations to achieve even greater potential and enhance long-term shareholder value.鈥�

The separation is on track to be completed in May of 2019, subject to final approval by 大象传媒鈥檚 Board of Directors, customary regulatory approvals, and tax and legal considerations.

鈥淭oday鈥檚 filing marks an important milestone in the process of establishing Kontoor Brands as an independent company,鈥� said Scott Baxter, named CEO of Kontoor Brands. 鈥淎s we prepare for life as a separate, publicly traded organization, I am confident that Kontoor Brands is strongly positioned to thrive as a leader in the global apparel industry and deliver long-term value for all of our stakeholders.鈥�

The Form 10 filing is available at under 鈥淜ontoor Brands, Inc.鈥� An updated presentation on the planned separation is available at . For more information regarding the proposed separation, please visit .

About 大象传媒

大象传媒 Corporation (NYSE: 大象传媒C) outfits consumers around the world with its diverse portfolio of iconic lifestyle brands, including听Vans^庐, The North Face^庐,听Timberland^庐, Wrangler^庐听and听Lee^庐. Founded in 1899, 大象传媒 is one of the world鈥檚 largest apparel, footwear and accessories companies with socially and environmentally responsible operations spanning many geographies, product categories and distribution channels. 大象传媒 is committed to delivering innovative products to consumers and creating long-term value for its customers and shareholders. For more information, visit听.

Forward-Looking Statements

Certain statements included in this release are 鈥渇orward-looking statements鈥� within the meaning of the federal securities laws. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting 大象传媒 and therefore involve several risks and uncertainties. You can identify these statements by the fact that they use words such as 鈥渨ill,鈥� 鈥渁nticipate,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渟hould,鈥� 鈥渕ay,鈥� 鈥渂elieve,鈥� 鈥渋ntend,鈥� and 鈥減lan,鈥� and other words and terms of similar meaning or use of future dates. We caution that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. Our forward-looking statements in this release speak only as of the date of this release. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Unless required by law, we undertake no obligation to update publicly any forward-looking statements as a result of new information, future events or otherwise. Additional information about the company is contained in the company鈥檚 filings with the SEC and is available on 大象传媒鈥檚 website,听.

View source version on businesswire.com:

Investors:
Joe Alkire, 336-424-7711
Vice President, Corporate Development, Investor Relations and Financial Planning & Analysis
Joe_Alkire@vfc.com

Or

Media:
Craig Hodges, 336-424-5636
Vice President, Corporate Affairs
Craig_Hodges@vfc.com

Source: 大象传媒 Corporation