Timberland will re-launch its U.S. Web site and launch multiple European Web sites as part of multiyear agreement that includes technology, order management and customer care services.
The investment will support new manufacturing facilities, increased research and development capabilities, expanded agricultural efforts and brand-building initiatives.
Lifetime has agreed to purchase all of Dragonfly Innovation's assets, including its intellectual property, trademark portfolio, manufacturing equipment, inventory and its retailer contracts.
