TITLE

Timberland Sews Up SmartWool Purchase

AUTHOR(S)
Leand, Judy
PUB. DATE
December 2005
SOURCE
SGB;Dec2005, Vol. 38 Issue 12, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the agreement signed by Timberland to acquire the outstanding stock of SmartWool Corp. from RAF Industries, Inc. and the Stripes Group LLC. Under terms of the deal, SmartWool will remain headquartered in Steamboat Springs, Colorado. It will operate as a wholly owned subsidiary of Timberland. Leadership will also remain under SmartWool president Chip Coe. The acquisition will have an impact on Timberland's current sock programs.
ACCESSION #
19143421

 

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