timberland.jpgIn my very first podcast, I talked briefly about Timberland boots, I like the brand and wear those boots often so this bit of news caught my eye. According to Reuters, Timberland may be putting itself up for sale.

Timberland, which has been a pretty popular brand of boot, has been seeing some shaky profits as of late, with profits dropping and rising in the past quarter or so. The reason, according to reuters, has been the renewed popularity of Basketball Sneakers, over boots. The timberland boot has been popular for years among the young or urban streetwear crowd which made the company’s market share about $2 billion. Stock has been rising in the past weeks, since their 52 week of $24.80.

Source: Reuters