Timberland Shutters Mion and GoLite Projects

Lunan, Charlie
May 2008
SGB;May2008, Vol. 41 Issue 5, p14
Trade Publication
The article reports that Timberland Co. is closing its outdoor footwear lines in a bid to cut costs. Timberland suffered nearly 78 percent decline in earnings since 2005. The decision came in early April 2008 after efforts to sell the brands failed. Timberland will inform dealers of the move in very soon, and the company will back warranties on the products and work with retailers to sell through Spring inventory. A few dealers blame the problems on the footwear's futuristic styling.


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