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NKE Nike Inc

94.12
0.18 (0.19%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Nike Inc NYSE:NKE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.18 0.19% 94.12 95.4174 93.91 94.44 6,115,756 01:00:00

Nike to Sell Hurley Surfwear Brand to Bluestar Alliance

29/10/2019 9:39pm

Dow Jones News


Nike (NYSE:NKE)
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By Colin Kellaher

 

Nike Inc. (NKE) on Tuesday said it agreed to sell its Hurley surfwear brand to licensing firm Bluestar Alliance LLC for an undisclosed amount.

The Beaverton, Ore., footwear giant said it expects to complete the sale in December.

Nike acquired the businesses from surfwear industry icon Bob Hurley in 2002.

Bluestar, founded in 2006, owns and markets a portfolio of consumer brands including Bebe, Tahari, Limited Too and Brookstone.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

October 29, 2019 17:24 ET (21:24 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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