It always making more money. I think it cheapens the branding. Someone else will come along to fill the nitche they left void.
Umm, yes, it's all about the money. VF, Exxon, Pfizer, GE, Travelers, John Deere, Walmart.... have one mission, return the best possible profit to the shareholders. If you can make the shareholders $1.00 a share instead of .35 cents than do it. If you run your business at a loss, you won't make anything for long. If your ROE is 5% and your competition's ROE is 15% why would I own shares in your company? If TNF can sell manure (because it's natural, while fresh generates heat & when frozen can be thrown at prey) at a better return of capital & there is a market for it, then they should sell manure.
Most of this stuff is all made overseas in the same factories or very similar ones. Even the Highland Center has MH stuff on clearance, last month I picked up a running/hiking shirt on clearance. They didn't 't always carry MH.
As I understand it, the craze of posers wearing "our" gear came about from kids coming from the south to the Northeast (I imagine this happens in MI, WI, MN, ID, & WA also) to go to college. Campuses like Maine, Bates, UNH, UMass, or even the southern very spread out UConn in Storrs (I imagine, Norwich, Bennington, Paul Smiths, etc are just as cold) can be frigid places to cross in January & February. The 3+ years I worked at EMS I think I sold more Vasque Sundowners (a nice comfy boot) to parents & college Freshman than to hikers. Pay $15 - $40K a year for school, you don't want to hear, "it was too cold (or too wet) to go to class today, Dad" Sold plenty TNF G-Tex Coats & Denali fleece vest to them too. (just chance that EMS has stores in NYC & Boston where many colleges are located & well paid banker, lawyers.....?)
The fact that South Butt also made a knock off of the logo & logo placement was just asking to be sued. I can make a cola drink that taste like cola & I could serve it in an all red can but put it in similar shaped bottle (recently trademarked BTW) or put a white wavy stripe on the can & I'm in deep manure.
BTW, Here is a brief history of the ownership of EMS, from Wikipedia:
History
EMS was founded in 1967 in Wellesley, Massachusetts by two rock climbers (Alan McDonough and Roger Furst) who couldn't find the selection of gear they wanted anywhere else. Alan Tower McDonough, lead founder of the company, was born in Colorado in 1936. When he was a young man he wanted to start a rock climbing company, but there was too much competition in Colorado. He then decided to move to New England to open a store called The Mountain Shop, which later became Eastern Mountain Sports.
McDonough and Furst sold the company in 1979 to The Franklin Mint. In 1981, The Franklin Mint was in turn acquired by Warner Communications (now part of Time Warner). The combination was short lived: Warner sold The Franklin Mint in 1985. However, Warner retained Eastern Mountain Sports, which it subsequently sold to the American Retail Group.[1]
Some years ago when they experienced financial problems, a new president was appointed, and she turned the company around, partly by attracting non-outdoor enthusiasts into the store through day-to-day clothing and a wide range of items such as school backpacks.
Since Will Manzer became President and CEO in September 2004, EMS has focused back towards being a specialty outdoors gear store. This started with a new logo and a reorganization of all their stores. In the recent past EMS were heavily focused in malls, but the company has decided to slowly move towards more self-standing stores.[2]
Likely a pretty similar story for most gear companies.