UK: William Baird Agrees Dannimac Rainwear Deal
Clothing supplier Williams Baird Plc announced on Friday it has reached agreement for the sale of certain stock and assets relating to its Dannimac rainwear brand to Signature Brands International Ltd. The compay also revealed it has entered into a licence agreement entitling Signature Brands to use the Dannimac name and trademark together with other names and trademarks associated with the rainwear business, with completion due on January 25, 2002.