Nike Completes Sale of Cole Haan to APAX Partners, LLP
BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE:NKE) announced today it has completed the previously announced sale of its Cole Haan affiliate brand to APAX Partners LLP.
NIKE, Inc., based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Wholly-owned NIKE, Inc. subsidiaries include Converse Inc., which designs, markets and distributes athletic footwear, apparel and accessories and Hurley International LLC, which designs, markets and distributes action sports and youth lifestyle footwear, apparel and accessories.
Mary Remuzzi, 503-532-8767
Gavin Lindberg, 503-671-8178
Source: NIKE, Inc.Copyright Business Wire 2013