Garmont denies rumors concerning a possible sale of the company, although it has reportedly received at least one takeover offer. The rumors probably originated from the departure earlier this year of Gord Bailey, the company's longtime U.S. manager. Company officials say that Garmont plans to announce a new management structure for the U.S. shortly. Meanwhile, Garmont has appointed a new distribution partner in Denmark, Trendline Brande APS, and a new one in Chile, Importadora y Comercial Tam Limitada.

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