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Nike Selling Umbro

Posted: May 31st, 2012, 8:26 pm
by Schfourteenteen
http://www.bloomberg.com/news/2012-05-3 ... deals.html
Nike’s Plan To Sell Umbro Continues Mixed Record On Deals

Nike Inc. (NKE), the world’s largest athletic-shoe maker, is selling the Umbro and Cole Haan brands after failing to turn the acquisitions into growth machines.
The transactions are expected to be completed within a year, the Beaverton, Oregon-based company said today in a statement. Nike acquired Umbro, the U.K.-based soccer-apparel and footwear brand, in 2008 for $567 million.
Means nothing to anyone else, but this is going to turn my work upside down.

Re: Nike Selling Umbro

Posted: June 1st, 2012, 1:12 pm
by flamesfilmguy
I had no clue they were a nike entity. Their soccer gear did improve but never amounted to anything compared to nike and adidas in that area. interesting.

Re: Nike Selling Umbro

Posted: June 1st, 2012, 1:59 pm
by RubberMallet
i bought one of my kids a pair of umbro all black checkered shorts at a goodwill a few weeks back. those were the good ole days.

i sported some umbro replacables back in the day, when i upgraded my replacables to lanzera top tech replacables. night and day difference.

Re: Nike Selling Umbro

Posted: June 1st, 2012, 10:21 pm
by Schfourteenteen
I'm actually getting those black checkered shorts in a couple weeks.

Nike has done really poorly with these investments

Re: Nike Selling Umbro

Posted: June 5th, 2012, 12:45 am
by flamesfilmguy
Schfourteenteen wrote:I'm actually getting those black checkered shorts in a couple weeks.

Nike has done really poorly with these investments
I am being completely serious when i ask this...
Can i get a pair too? xl or large? lol

Re: Nike Selling Umbro

Posted: June 5th, 2012, 7:45 am
by Purple Haize
Maybe Bain Capital would be interested. :D

Re: Nike Selling Umbro

Posted: June 5th, 2012, 7:49 am
by Schfourteenteen
I'll see what I can do. We usually have extra staff gear but our CEO rummages through everything first.

http://www.umbro.com/en-gb/shop/umbro-m ... rd-shorts/
These are the shorts, but in black and without that ManChity logo.

Re: Nike Selling Umbro

Posted: June 5th, 2012, 7:54 am
by Purple Haize
My girlfriend in HS wore Umbros....and man did she have the legs for it! I mean my current girlfriend does as well, she just doesn't wear Umbros :D