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Nike reaches deal to sell Cole Haan brand to priva
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Post Nike reaches deal to sell Cole Haan brand to priva
Nike reaches deal to sell Cole Haan brand to private equity firm Apax for,[link widoczny dla zalogowanych]
BEAVERTON,[link widoczny dla zalogowanych], Ore. - Nike is selling its Cole Haan brand to private equity firm Apax Partners for $570 million.
The sneakers,[link widoczny dla zalogowanych], clothing and sports gear maker said in May that it wanted to sell the leather shoe division and its Umbro soccer jersey brand as part of its plan to cut costs and focus on its core brands: Nike,[link widoczny dla zalogowanych], Jordan,[link widoczny dla zalogowanych], Converse and Hurley.
The Cole Haan deal completes the Beaverton,[link widoczny dla zalogowanych], Ore.,[link widoczny dla zalogowanych], company's plan. Last month it announced the sale of Umbro to clothing licensing company Iconix Brand Group Inc. for $225 million. Nike had bought Umbro in 2008 for $582 million.
Nike acquired Cole Haan in 1998 in a deal then worth $95 million,[link widoczny dla zalogowanych].
Cole Haan traces its roots to Chicago in 1928,[link widoczny dla zalogowanych], when it was making flapper-friendly leather shoes. Its current incarnation as a purveyor of men's and women's leather shoes and bags based in Yarmouth,[link widoczny dla zalogowanych], Maine,[link widoczny dla zalogowanych], began in 1975.相关的主题文章:


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