Red Wing Shoe Co. Is Shuttering the Vasque Brand, Outdoor Business

The outdoor market took a hit Friday, as Red Wing Shoe Co. announced it is shuttering both the Vasque brand and its outdoor business.

In a statement emailed to FN, Red Wing Shoe Co. cited the dramatic changes to the market, “particularly over the last several years,” as the reason for its sunsetting of Vasque and its outdoor business.

“What consumers seek and how they want to both shop and buy has changed dramatically,” the statement read. “These...