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New Balance to buy Dunham.
- Article from:
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The Boston Herald
- Article date:
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August 31, 1998
- Author:
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Copyright informationCOPYRIGHT 1998 Boston Herald. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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New Balance Athletic Shoe Inc. plans to step into the work boot and hiking boot market by buying the Dunham boot brand from a Pittsburgh company in a deal expected to be signed today.
A source at New Balance would not provide terms of the deal, but said the Boston-based athletic shoe maker plans to buy the Dunham brand from Iron Age Holdings Corp.
Dunham has more than 30 boot models, ranging from waterproof sport boots to heavy-duty leather work boots, all made in Lewiston, Maine. Dunham's 1997 revenues are estimated at $15 million, according to this week's edition of Sporting Goods Intelligence. The industry publication said the deal does not include the Dunham plant ...
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NEW BALANCE DUNHAM: MOVE WIDENS ATHLETIC MAKER'S PRODUCT BASE.
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