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Canadian Tire to sell Helly Hansen to U.S. clothing brand | Globalnews.ca

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Summary
Nutrition label

67% Informative

Canadian Tire bought Helly Hansen in 2018 through a $985-million deal with the Ontario Teachers’ Pension Fund .

The brand dates back to 1877 , when sea captain Helly Juell Hansen enlisted his wife Margrethe to help him cope with Norwegian weather.

Canadian Tire says the deal with Kontoor Brands is expected to close in the second quarter of this year .

VR Score

65

Informative language

61

Neutral language

80

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

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