% | $
Quotes you view appear here for quick access.

NIKE, Inc. Message Board

  • singhlion2001 singhlion2001 Jun 21, 2012 10:01 AM Flag

    NKE face sales hell next worldwide:

    Adidas CEO says not interested in Nike's Umbro

    Share this

    Related News
    Adidas CEO says not interested in Nike's Umbro
    8:55am EDT
    Adidas ups 2012 soccer goal as German jerseys fly
    7:44am EDT
    Nike, Adidas lead suppliers' battle for gold
    Wed, Jun 20 2012
    Nike kicks off Cole Haan, Umbro auction process-sources
    Thu, Jun 14 2012
    Deals of the day -- mergers and acquisitions
    Thu, May 31 2012
    Analysis & Opinion
    Man Utd’s IPO transfer keeps owners in control
    Related Topics
    Stocks »
    M&A »
    Markets »
    Cyclical Consumer Goods »
    WARSAW, June 21 | Thu Jun 21, 2012 7:42am EDT
    (Reuters) - Adidas is not interested in buying soccer brand Umbro from owner Nike, the German sportswear group's chief executive said on Thursday.

    "We are already the market leader in football, we do not need another brand," Herbert Hainer told journalists in Warsaw after Adidas increased its outlook for soccer sales in 2012.

    Nike last month put its Cole Haan and Umbro brands up for sale in order to focus on its core namesake, Jordan, Converse and Hurley brands.

59.24-0.98(-1.63%)Aug 25 4:01 PMEDT