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Ideally I would like to sell these assets versus simply walk away from them,” he said at the Barclay’s Consumer Staples Conference in Atlanta. “Some of them are the kinds of businesses that would be difficult to sell and therefore, we should just shut down because they create no value for you and they are a distraction for us.
Dang. Better get some Volkls this year if this goes south.
From the article:
Must be focusing their efforts toward Yankee Candle..
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No more Rubbermaid parties. What are housewives across America going to do?
If it weren't so sad, I would almost find that paragraph hilarious.Ideally I would like to sell these assets versus simply walk away from them,” he said at the Barclay’s Consumer Staples Conference in Atlanta. “Some of them are the kinds of businesses that would be difficult to sell and therefore, we should just shut down because they create no value for you and they are a distraction for us.
Makes sense. Mad Russian Customs is putting a big dent in them.
Same thing in the beer industry with producers like Goose Island and Ballast Point.... I no longer buy Ballast Point either even though I love their beer.
I can say pretty comfortably that Volkl will continue to make skis in Germany.
The government will not let that facility be shuttered with loss of jobs.
World class manufacturing operation in Straubing.
Go there in August, they have an awesome beer festival.
It is located on the Danube in Bavaria.
Ausgezeichnet!
If I'm not mistaken, at least for Marker Volkl, that is only the US distributorship and has nothing to do with the actual manufacturer. As others have stated, Marker Volkl will continue to make skis and bindings.