



Newell Feels Pressured to Make Clarification

Now a press release, in German, from Newell Brand states: “The reasons for streamlining the portfolio are not due to the economical development of these renowned and rich in tradition winter sport specialists, but in a changed focus of Newell with the goal to build a strong and pioneering company in the consumer goods industry.“

The goal is now to “find a new owner, over the next few months, who is willing to invest into the winter sports and continue the success story of the brands.“

K2, Marker, Dalbello, Volkl Supposed to Stay

“It is not the goal of the process of Newell to abandon one of the companies or to shut it down, but to find a suitable buyer, who will then develop the traditional brands further.“