NEW YORK — Nike on Wednesday signed a deal to buy Converse, thereby strengthening its position among athletic brands, such as Fila and Adidas, which have been building label portfolios.
The $10.7 billion Beaverton, Ore.-based company is paying about $305 million for Converse, not including an undisclosed amount of debt. Nike and Converse executives could not be reached for comment. Fila owns Enyce and Ciesse Piumini and Adidas-Salomon owns TaylorMade, Arc’teryx, Cliché, Bonfire and Maxfli.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)