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Nike laces up Converse deal,[url=http://rogervivieroutlets.webmium.com/][b]Discount Roger Vivier Shoes[/b][/url]
Nike (NKE) said Wednesday that it has agreed to buy Converse for about $305 million,[url=http://parajumpersonline.webmium.com/][b]2013 PJS Jackets Shop Sale Kodiak Jackets Online PARAJUMPERS[/b][/url]. The world's No,[url=http://duveticaukoutlet.halod.com/][b]http://duveticaukoutlet.halod.com/[/b][/url]. 1 athletic footwear company said it would also take on undisclosed working capital liabilities.
The deal brings to a close the long hoops rivalry between Converse and Nike,[url=http://giuseppezanottioutlets.webmium.com/][b]http://giuseppezanottioutlets.webmium.com/[/b][/url]. sneaker market from the 1920s into the 1970s in the same way that Germany's Adidas ruled overseas markets,[url=http://giuseppezanottioutlets.webmium.com/][b]2013 Giuseppe Zanotti shoes outlet sale[/b][/url].
When running shoe-oriented Nike decided to challenge Converse in basketball shoes in the early 1980s,[url=http://duveticamen.blogspot.com/][b]duvetica men[/b][/url], many scoffed. Carlesimo.
North Andover, Mass.-based Converse filed for bankruptcy protection in 2001.
A group of investors has spent the past two years trying to rebuild the privately held company and its popular high-top Chucks brand,[url=http://duveticaukoutlet.halod.com/][b]Duvetica Jackets UK Outlet Duvetica Down Jackets For Men Store[/b][/url], now more fashion item than performance footwear.
The divergent fortunes of the two sneaker firms can be seen in their sales: Nike rang up $10.7 billion in revenue for its fiscal year ending May 31,[url=http://merrellfootwearsizechart.webmium.com/][b]http://merrellfootwearsizechart.webmium.com/[/b][/url]; Converse's 2002 revenue was $205 million,[url=http://discountmerrellshoes.webmium.com/][b]http://discountmerrellshoes.webmium.com/[/b][/url].
Tom Clarke,[url=http://duveticaoutlet.albirank.net/][b]http://duveticaoutlet.albirank.net/[/b][/url], Nike's president of new business ventures, said in a statement,[url=http://woolrichjacket.webmium.com/][b]discount 2013 Woolrich Woolrich Jackets Woolrich® The Original Outdoor[/b][/url], "Our strategy for growing through non-Nike brands is to identify strong brands with superior management teams where Nike can directly assist in the company's growth."
Jack Boys,[url=http://woolrichswedense.gengfl.com/][b]woolrich arctic parka sweden outlet woolrich online shop sweden göteborg[/b][/url], CEO of Converse,[url=http://duveticaukoutlet.halod.com/][b]Duvetica Down Jackets For Men[/b][/url], said his new team has "rebuilt and reinvigorated" Converse and that the deal can make Converse a global footwear and apparel brand.
The deal gives Nike a "downstairs brand that they can sell in mass merchandise stores like Wal-Mart,[url=http://parajumpersoutletitalia.albirank.net/][b]http://parajumpersoutletitalia.albirank.net/[/b][/url]," says Terry Lefton,[url=http://woolrichdeutschland.gengfl.com/][b]http://woolrichdeutschland.gengfl.com/[/b][/url], editor-at-large of Sports Business Daily. Analysts also say Nike is looking to cash in on the demand for "retro" shoes.相关的主题文章：

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