Did Nike Buy Hurley May 2026
However, Nike officially sold Hurley to the brand management firm in December 2019 . Key Details of the Ownership History
Nike decided to sell the brand to focus on its "Consumer Direct Offense" strategy, which prioritizes direct-to-consumer sales and investment in its core Nike brand. did nike buy hurley
Bluestar Alliance LLC now manages Hurley's global operations and licensing. NIKE, Inc. Announces Sale of Hurley to Bluestar Alliance However, Nike officially sold Hurley to the brand
Yes, but no longer does. Nike acquired the surfwear brand in 2002 for approximately $95 million to gain a foothold in the surf, skate, and snowboard markets. and snowboard markets.