(Reuters) - The brands, with estimated 2007 sales of about $800
million, could either be sold, discontinued or licensed to
retailers or third-party operators, according to the company,
whose eponymous founder died last month at age 78 after a
battle with cancer.
The move had been expected as part of a make-over being
instituted by Chief Executive Officer William McComb, who came
on board less than a year ago. He is aiming to shift the
company's focus from wholesale to retail by expanding a few
high-growth brands and shedding many others.
Read more at Reuters.com Mergers News
million, could either be sold, discontinued or licensed to
retailers or third-party operators, according to the company,
whose eponymous founder died last month at age 78 after a
battle with cancer.
The move had been expected as part of a make-over being
instituted by Chief Executive Officer William McComb, who came
on board less than a year ago. He is aiming to shift the
company's focus from wholesale to retail by expanding a few
high-growth brands and shedding many others.
Read more at Reuters.com Mergers News
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