Consumers ‘Under Attack’ Are Pulling Back, Wrangler Maker Says

US consumers are pulling back as they face down layoffs and impending tariffs, according to the chief executive officer of the company that owns the Lee and Wrangler brands.

“The consumer right now is confused,” Kontoor Brands Inc. CEO Scott Baxter said during the company’s quarterly call with analysts. “If you just put yourself in their seat, they’re worried about work. They’re worried about the businesses that they’re in. Are those going to be impacted by some of the layoffs,…