"The divestiture of Royal Robbins provides us with capital to support these brands as well as other significant investments, which we believe will enhance shareholder value."
"Equally important, as we build out our portfolio we do so by developing a plan that strategically will focus our efforts in leveraging our resources and people, and investing in the areas of largest opportunities, while assessing new companies with synergies that will continue to build upon our portfolio of business.”
Phoenix Footwear Group Inc