Brown Shoe sells Avia and Nevados

2013-05-31T00:00:00

Brown Shoe Company had bought these two brands and two others, And 1 and Ryka, through the acquisition of American Sports Goods for $145 million in February 2011. Eight months later, it sold And 1, a brand of basketball products, for $55 million. This time it is selling Avia, a ...

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