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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 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. 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 ...
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]
1962 Phil Knight visits Onitsuka Tiger in Kobe, Japan, and pitches the idea of selling their shoes in the U.S. When asked the name of his company, Knight comes up with one on the spot: Blue Ribbon ...
Sports kit manufacturers Manufacturer Country Founded Founder(s) Key people Products Headquarters Total assets Website Adidas: Germany: 18 August 1949
The company continued with acquisitions in 2007 with the purchase of Cannon, Danskin, Artful Dodger, and Rocawear brands. On November 15, 2007, Iconix bought the Starter brand from Nike . On October 27, 2009, Iconix paid $109 million for a 51% stake in urban fashion brand EckÅ Unltd.