Nike announced this morning it will sell its Umbro affiliate brand to Iconix Brand Group, Inc., for $225 million. The transaction is expected to be complete by the end of this year. Nike announced May ...

Nike Inc. has shed its Umbro soccer shorts, but its Cole Haan dress shoes are still for sale. The sports-shoe giant said Wednesday that it has agreed to sell Umbro, its struggling U.K.-based ...

Nike Inc. agreed to sell its leather-shoes and bags brand Cole Haan to private-equity firm Apax Partners for $570 million, a deal that is part of a divestiture plan the company initiated in May. Nike, ...