R.G. Barry, which owns the brand Dearfoams, says it rejected an unsolicited offer to buy the company in January. In a statement, R.G. Barry’s board said that they turned down the offer, made by Mill Road Capital, because they thought continuing as they were would be more beneficial to shareholders. R.G. Barry plans to continue its growth through new products, new channels, and possible acquisitions of its own. It is not offering shareholders a dividend currently because of the economic uncertainty.