Daniel Green Company Purchases L.B. Evans Product Lines.Business Editors DOLGEVILLE, N.Y.--(BUSINESS WIRE)--February 7, 2000 Daniel Green Company (Nasdaq: DAGR DAGR Defense Advanced GPS Receiver DAGR Direct Attack Guided Rocket ) announced today that it has closed its acquisition of two product lines from L.B. Evans' Son Company Limited Partnership, a Worcester, Massachusetts based firm. These include the L.B. Evans and Woolrich slipper, moccasin moccasin, in footwear moccasin, skin shoe worn by indigenous people of North America, excepting the sandal wearers of the Southwest area. There were two general types of moccasins, the hard-soled, which was used in the Eastern woodlands and the Southeast and slipper sock product lines. Both Daniel Green and L.B. Evans are well-known branded slipper companies, selling primarily to department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , specialty stores Noun 1. specialty store - a store that sells only one kind of merchandise shop, store - a mercantile establishment for the retail sale of goods or services; "he bought it at a shop on Cape Cod" , and catalogues. Daniel Green began in 1882 and is recognized as the market leader in designing quality men's slippers. Over the past century, the two companies have shared a competitive rivalry in the marketplace. Daniel Green's Chairman and Chief Executive Officer, Jim Riedman, said, &uot;We are excited about the potential to use our existing resources to support these product lines. We look forward to growing the leadership position of these brands.&uot; For additional information, contact Greg Tunney, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , at 315-429-3131, ext. 288, or visit the Daniel Green web site at www.danielgreenco.com. |
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