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This long ago, Nike had just $ 225 million "fire sale" of the Umbro. reported that informed sources, Apax has invited Converse (Converse) former CEO Jack - Boyce took over the business after ColeHaan. on the aforementioned news, reporters try to interview the relevant person in charge of Nike aspect, but as of press time reporters have not been a corresponding response Retro jordans for sale . Nike designed to optimize the brand portfolio June this year, Nike had officially announced its resale and ColeHaan Umbro brand. At the time, Nike side said, to sell its brand in order to cut costs, in order to better focus on Nike, JordanBrand, Converse and Hurley these core brands. For Nike, Umbro and resale ColeHaan, key way Sports Information Co., Ltd. Zhao told reporters, said the move to its strategic adjustment related. "Nike is the main before the merger channels, market housed in, then wait until the resources are gathered to hand, the value of the brand itself has no less important." He said that, u Cheap air jordan 12 ovo nder the Nike system, including Umbro, etc., and not because of mergers and acquisitions for better support. Zhao believes that the market development strategy, the recent entire sporting goods industry is facing cost pressures, declining performance, etc., the point to sell these brands belong to select the optimal strategy. "Nike's focus is to return to the core brand, for investors, some of the brand itself is more valuable." Right View Shanghai Brand Management Consultants Ltd. founder and CEO Cui Hongbo said that resell these brands is sooner or later, had been published before. "Now the timing is critical, the industry downturn, declining to sell Umbro brand is sold." He noted that the Nike brand portfolio optimization, excluding those that might compete with the main brand of the brand. It is reported that, after the acquisition of Umbro, Nike, with the acquisition of Reebok to Adidas competition. "Boom time, Umbro, Nike can rely on price war to protect the existing brand image, but now recession, sell and inevitable choice." Cui Hongbo said. For ColeHaan brand, Cui Hongbo think it biased in favor of casual style, and Nike present the main strategic areas of conflict there. And Zhao said that Nike actually been taken away ColeHaan some core resources. increase cash flow According to the reporter, there have been many similar initiatives before Nike, after taking away the core resources, the brand resold. Zhao told reporters that Nike frequent such transactions, is likely to affect the subsequent mergers and acquisitions, but excluding these brands get their own core brand with the integration of resources between is not so easy. Prior to Nike, after the high inventories, after the impact of the decline in performance, but also suffered because of a double standard was fined events. Insiders said the deal also reflects Nike successive questions on funding. "While external performance is not very clear, but Nike also do some of the industry may now be the reserve for the winter." Garment industry Magang independent commentator, said the environment is not good, this approach is more suitable shot brand . "Before Nike inventories, the impact on funding certain extent, after the shot can also add these brands Nike cash flow." In this regard, Cui Hongbo said that Nike is making resource optimization, shot two brands does not solve the problem of too much money. (Chinese shoes Network - the most authoritative and most professional Footwear News)