Nike Inc. is trimming its portfolio to focus on its four core athletic brands.
The company said Thursday it will sell the Cole Haan and Umbro brands. The move will allow it to focus on growing the Nike, Jordan, Converse and Hurley divisions. The group will begin the divestment process immediately, and it expects to complete the sales by the end of the fiscal year on May 31, 2013.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"