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The brand, created by Huntington Beach native Bob Hurley, will be part of Bluestar Alliance LLC, the parent company of Bebe, Tahari, Brookstone and Limited Too.
Krysta Gahagen:
Nike has announced the sale of its surfwear brand Hurley to Bluestar Alliance LLC. No comment yet.
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A High Court judge rules the kit supplier's marketing offer was "less favourable" than a Nike deal.
Krysta Gahagen:
Liverpool won a legal battle that allows them to step away from a "less favourable" deal with New Balance, opening the club up to working with Nike (which will share fewer profits but provide greater overall distribution) which is expected to increase the reach and revenue of the club's gear. October 25, 2019
Nike CEO Mark Parker to step down, ex-eBay John Donahoe to replace him in 2020
Krysta Gahagen
"In a sign of the company’s focus on digital, Mark Parker will be replaced by John Donahoe, a Nike board member and the CEO of ServiceNow. Donahoe was formerly the CEO of eBay and is chairman of the board at PayPal."
Krysta Gahagen:
It's been a week for company leadership shakeups in the sports fashion world. Nike has announced that Mark Parker, who has been CEO of Nike since 2006, will be stepping down and is to be replaced by John Donahoe of ServiceNow. October 25, 2019
Pence blasts Nike for pushing its 'social-justice champion' reputation while 'checking its social conscience at the door' by ignoring China's actions in Hong Kong
Krysta Gahagen
"When it comes to Hong Kong, it prefers checking its social conscience at the door," said Vice President Mike Pence.
Krysta Gahagen:
In the wake of the tension between the NBA and China, VP Pence has joined the conversation by blasting Nike. It's clear that the White House is frustrated about the critiques they have been receiving from players, personnel, and athletic organizations. They have picked the China/NBA fiasco to highlight how they perceive that they are being held to a higher standard of criticism than foreign governments. |
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