Timberland Sells GoLite to Former Exec

Leand, Judy
July 2008
SGB;Jul2008, Vol. 41 Issue 7, p8
Trade Publication
The article informs that Timberland Co. has sold GoLite footwear business to New England Footwear LLC. Douglas Clark, the former vice president of Timberland, is the president and visionary of New England Footwear, and has assumed functional responsibility of the product line as well as personal oversight of all product development. Although financial terms of the deal were unavailable, the transaction does not include ownership of the GoLite brand and Timberland will retain the trademark.


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