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Nike reaches deal to sell Cole Haan brand to private equity firm Apax for,[url=http://billigmonclerjackenkaufen.olimx.com/][b]Moncler Jacke Damen Outlet Deutschland[/b][/url]
BEAVERTON,[url=http://discountnikesoccershoes.webmium.com/][b]Nike Soccer Shoes online sale[/b][/url], Ore. - Nike is selling its Cole Haan brand to private equity firm Apax Partners for $570 million.
The sneakers,[url=http://duveticapiumini.olimx.com/][b]duvetica jackets shop[/b][/url], 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,[url=http://duveticaukoutlet.halod.com/][b]http://duveticaukoutlet.halod.com/[/b][/url], Jordan,[url=http://woolrichoutletde.albirank.net/][b]Woolrich Damen Parka[/b][/url], Converse and Hurley.
The Cole Haan deal completes the Beaverton,[url=http://duveticadoudoune.halod.com/][b]Duvetica Pas Cher[/b][/url], Ore., 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,[url=http://duveticadoudoune.halod.com/][b]Femmes Doudoune Duvetica[/b][/url].
Cole Haan traces its roots to Chicago in 1928,[url=http://billigmonclerjackenkaufen.olimx.com/][b]Moncler Jacke[/b][/url], 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,[url=http://duveticaukoutlet.halod.com/][b]Duvetica Outlet[/b][/url], Maine,[url=http://parajumperssalenorge.albirank.net/][b]Parajumpers Long Bear[/b][/url], began in 1975.
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