Nike Inc. (NKE) - NYSE
  • Jun. 25, 2015, 7:23 AM
    • Skechers (NYSE:SKX) is an attractive target for Nike (NYSE:NKE) or Adidas (OTCQX:ADDYY, OTCPK:ADDDF), according to the The Business of Fashion.
    • An acquisition would give either a company a stronger position in the growing fashionable walking shoe market.
    • Skechers trades at stretched-out valuation after doubling in share price this year.
    • SKX +101.9% YTD.
    | Jun. 25, 2015, 7:23 AM | 17 Comments
  • Nov. 14, 2013, 9:43 AM
    • Under Armour (UA +0.4%) announces it purchased fitness technology player MapMyFitness for $150M.
    • The company says the acquisition will help beef up its ability to offer cutting edge digital fitness products and platforms.
    • The deal is slated to close by the end of the year and won't impact Under Armour's previous guidance for 2013 or initial outlook on 2014 at this time.
    • What to watch: Under Armour still has a long way to go to catch up to Nike's (NKE +0.6%) formidable lead in fitness technology, but the MapMyFitness buy indicates it's not giving the swoosh a free ride in the growing category.
    | Nov. 14, 2013, 9:43 AM | 1 Comment
  • Oct. 24, 2012, 7:38 AM

    Nike (NKE) announces the sale of its Umbro affiliate brand to Iconix Brand Group (ICON) for $225M in a deal slated to be completed by the end of 2012. The sale was widely anticipated after the company announced last May its intention to divest the brand.

    | Oct. 24, 2012, 7:38 AM
  • May 31, 2012, 8:55 AM

    Nike (NKE +1.7%) intends to sell its Cole Haan and Umbro brands "to sharpen its focus on driving growth in the Nike, Jordan, Converse and Hurley brands." Nike bought U.K.-based Umbro, which specializes in soccer, in 2008; the company acquired Cole Haan, a maker of casual and dress leather footwear and bags, in 1988. (PR)

    | May 31, 2012, 8:55 AM
Company Description
NIKE, Inc. engages in the design, development, marketing and sale of footwear, apparel, and equipment, accessories and services. Its athletic footwear products are designed primarily for specific athletic use, although a large percentage of the products are worn for casual or leisure purposes.... More
Industry: Textile - Apparel Footwear & Accessories
Country: United States