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Umbro Dynamis match ball used in the United Soccer League for the 2009–10 season [7] On 23 October 2007, it was announced Umbro had agreed to be bought out by Nike in a deal worth £285 million, the equivalent of 193p per share. The Umbro board recommended to its shareholders they vote in favour of the approach, as it offered a very ...
NIKE, Inc. Announces Sale of Umbro to Iconix Brand Group BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYS: NKE) today announced that it has reached a definitive agreement to sell its Umbro ...
In October 2012, Nike Inc. announced that it had signed with Iconix Brand Group to sell the English brand Umbro for US$225 million. [7] The acquisition was completed in December 2012. [8] In 2013, Iconix acquired Lee Cooper from Sun Capital Partners. [9]
Nike also owned Bauer Hockey from 1995 to 2008, and previously owned Cole Haan, Umbro, and Hurley International. [11] In addition to manufacturing sportswear and equipment, the company operates retail stores under the Niketown name.
Nike (NYS: NKE) is selling its Umbro affiliate brand to Iconix Brand Group (NAS: ICON) for $225 million, the company announced Wednesday. The deal is to be finalized by the end of this year.
Nike, Inc. purchased Cole Haan in 1988. Nike announced on May 31, 2012, that it was divesting Cole Haan and Umbro to focus on the Nike brand and other complementary brands. [4] [5] Cole Haan was bought by private equity firm Apax Partners Worldwide LLP for $570 million on November 16, 2012. [6]
Sports kit manufacturers Manufacturer Country Founded Founder(s) Key people Products Headquarters Total assets Website Adidas: Germany: 18 August 1949
In August 2005, Sports World International took a £9 million stake and signed a lucrative long-term deal in with troubled brand Umbro, [54] which was subsequently sold to Nike. [55] [56] In 2006, Sports World International acquired Kangol for an estimated £12 million. [57]