Brown Shoe Company Announces Sale of Avia and Nevados for $74M
May 14, 2013 at 16:02 PM EDT
Brown Shoe Company, Inc. (NYSE: BWS ) today announced it has sold Avia and Nevados for $74 million, with the transaction closing immediately. Galaxy Brand Holdings, Inc. acquired the Avia and Nevados brands, while Brown Shoe Company is retaining Ryka, and other brands, and plans to use the
