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Nike Announces Sale of Cole Haan Brand

November 16th 2012 | 34 comments

words // Brennan Hiro Williams

Nike, Inc. officially announced the sale of the Cole Haan brand today, coming to terms with Apax Partners on deal valued at $570 million. The deal comes five months after Nike first announced that it was divesting of both Cole Haan and Umbro (which was sold to Iconix Brand Group last month for $225 million) to focus on the core brands under the Nike umbrella. 

Apax Partners, a private equity firm, is partnering with Jack Boys, the former CEO of Converse, to run Cole Haan going forward.

The transaction is expected to be completed in early 2013.

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Clean
Ridiculous!
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67%
33%
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HeartBreakerAV
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Months ago | 18th December 2012 13:45
damn can i get a share or two? lol
AV
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dm1k3
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Months ago | 19th November 2012 18:23
Wow. Smh
WANTED: DS Miami Night Lebron 9's SZ. 12.
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markyd
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Months ago | 19th November 2012 11:47
better get on those lunar's ASAP
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BabyJs
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Months ago | 18th November 2012 11:50
ajmadness1984:
looks like i better start copping all the lunar grand tht i want



Get well soon D.Rose!
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ajmadness1984
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Months ago | 18th November 2012 04:27
looks like i better start copping all the lunar grand tht i want
LOOKING FOR any SZ 14/15 heat
Lebron - Any PEs or Promo/Sample
Any DS Lebron VI
China 8

Foamposite - Red/Royal/Silver/Black Pro
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jsantos96
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Months ago | 18th November 2012 01:15
InZaneKicks:
Nike made a profitable joke out of the brand


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vthendo9
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Months ago | 17th November 2012 15:11
cool
You mad bro?
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elmo21993
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Months ago | 17th November 2012 13:47
haterade915:
dont care


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haterade915
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Months ago | 17th November 2012 06:59
dont care
looking for Lebron 7 ASG size 8.5 HMU

checkout my instagram @haterade915
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InZaneKicks
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Months ago | 17th November 2012 06:39
Nike made a profitable joke out of the brand
NEWJACK91 - SCAMMER and on welfare avoid at all costs
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DenNuggets9
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Months ago | 17th November 2012 05:58
this is the only reasonably-priced thing Nike has tried to sell in years
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SOLEM8YT
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Months ago | 17th November 2012 01:34
Ok give some shit!
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damn can i get a share or two? lol
Wow. Smh
better get on those lunar's ASAP
[quote="ajmadness1984"]looks like i better start copping all the lunar grand tht i want[/quote]
looks like i better start copping all the lunar grand tht i want
[quote="InZaneKicks"]Nike made a profitable joke out of the brand[/quote]
cool
[quote="haterade915"]dont care[/quote]
dont care
Nike made a profitable joke out of the brand
this is the only reasonably-priced thing Nike has tried to sell in years
Ok give some shit!
Gay
I better grab some while i can then, fuck these were dope. :cry:
never checked for these products before and most likely never will.