Sept 27 (Reuters) - The backers of Totes Isotoner are eyeing a sale that could value the world's largest marketer of umbrellas, gloves and rainwear at around $500 million, according to three sources ...

Totes was founded in 1924 in the US state of Ohio, and began selling rubber rain boots. In 1961, Brad Phillips, a Chicago businessman and decorated Second World War veteran, bought the company and in ...