Vasque Going Out of Business

Adam Ruggiero for GearJunkie:

Minnesota-based footwear maker Vasque will cease all operations, the brand confirmed to GearJunkie today. A subsidiary of Red Wing Shoe Company, Vasque began making hiking-focused shoes and boots 60 years ago — a market that, at the time, was just emerging among American consumers.

I wonder if Vasque would’ve ventured into the trail running space it would’ve had a chance to survive?