Nike Inc is in final negotiations to sell its Cole Haan handbag and shoe brand to private equity firm Apax Partners, in a deal that could fetch around $500 million, according to three people familiar with the matter.
Private equity firms TPG Capital Management and Apax Partners are among several parties in the running to buy Nike's leather handbag and shoe maker Cole Haan, according to three people familiar with the matter.
The press in Australia has once again brought up the possibility of the Australian board sports group being bought out. Sports giant Nike has been mentioned as one of the potential buyers. The rumours follow a drop in...
Nike has kicked off the sales process of its leather handbag maker Cole Haan and soccer gear unit Umbro with a number of parties signing confidentiality agreements, according to sources with knowledge of the auctions.
After Nike’s announcement last week that it plans to sell Umbro and Cole Haan, rumours have started circulating in the UK. According to the British press, Sports Direct may take over the English sportswear brand.