US: Crocs to snap up Bite Footwear for US$1.75m
[Source: Daily apparel & textile news and comment - from just-style.com
]
Plastic clog manufacturer Crocs has entered into a definitive agreement to acquire the Bite Footwear brand for US$1.75m in cash, plus a potential earn-out of up to $1.75m based on Bite hitting certain earnings targets over a three-year period.
(click here for original article)
