 Nike looking to sell Bauer |
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 Sep 20 2007, 05:07 PM
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#1
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 Group: Members+ Posts: 587 Joined: 7-January 05 From: Langley BC Member No.: 1207 |
"The Company also announced today its intent to explore the sale of Nike Bauer Hockey. Following a strategic review of the company's affiliate brands portfolio, Nike determined that despite the strength of the business, Nike Bauer Hockey does not align with the Company's long-term growth priorities and exploring a sale is the best strategic alternative. The Company expects the exploration process and any potential sale that maximizes Nike Bauer Hockey's value to Nike will be completed within the current fiscal year."
http://money.cnn.com/news/newsfeeds/articl...420092007-1.htm A little more context: 'Commenting on the anticipated sale, Parker said: "We are focused on investing our resources where we will achieve the greatest returns, both within the Nike brand and within a strong portfolio of complementary affiliate brands. We're confident it's the right choice for our Company as we maximize our opportunities and drive toward our long-term growth targets. Given Nike Bauer's market leading position, we believe we will be able to effectively execute this transaction."' This post has been edited by srv2miker: Sep 20 2007, 05:06 PM -------------------- "Asking whether a high end product is worth the money is like asking 'how long is a piece of string?'"
- Thanks Allsmokenopancake for the sig material; it's very zen. |
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Sep 20 2007, 05:09 PM
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#2
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 Group: Senior Members Posts: 2454 Joined: 27-April 07 From: Currently on Inter-Library Loan Member No.: 4814 |
One brand to rule them all...
RBK/CCM/NBH/OMG/WTF... |
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Sep 20 2007, 05:10 PM
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#3
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 Group: Members++ Posts: 1377 Joined: 21-December 06 From: Cadillac, Michigan Member No.: 4124 |
Wow. Will they still hold any ownership rights? or just get rid of it and get out of hockey altogether?
So basically they're saying, "Hockey is too damn expensive of a sport, and can't find enough sweat shops." This post has been edited by wex12: Sep 20 2007, 05:18 PM -------------------- 2007-2008 Stanley Keg Champion (Captain)
"Where did you learn that move, Peter Puck?" George Bowman "I believe in separation between church and skate" |
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Sep 20 2007, 05:19 PM
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#4
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 Group: Members+ Posts: 133 Joined: 14-August 06 From: Nanimo BC Canada Member No.: 3458 |
perfect opp for someone like warrior to step up huge if they got deep enough pockets
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Sep 20 2007, 05:21 PM
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#5
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Group: Members++ Posts: 1377 Joined: 21-December 06 From: Cadillac, Michigan Member No.: 4124 |
Ugghh.. if Nike didn't screw Bauer up enough, don't wanna even Think about what Warrior/MIA will do.
But I Do agree.. a Great opportunity has arisen. This post has been edited by wex12: Sep 20 2007, 05:22 PM -------------------- 2007-2008 Stanley Keg Champion (Captain)
"Where did you learn that move, Peter Puck?" George Bowman "I believe in separation between church and skate" |
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Sep 20 2007, 05:26 PM
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#6
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 Group: Members+ Posts: 549 Joined: 30-August 07 From: North USA Member No.: 5424 |
I also think warrior should step up and buy NBH
-------------------- "Play hockey for a paycheck and you'll have to worry about getting too much." - Hipster
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Sep 20 2007, 05:32 PM
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#7
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 Group: Senior Members Posts: 3391 Joined: 19-March 04 From: Western New York Member No.: 16 |
Please...no...God.
-------------------- The best path is the hardest earned.
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Sep 20 2007, 05:32 PM
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#8
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Group: Members++ Posts: 1377 Joined: 21-December 06 From: Cadillac, Michigan Member No.: 4124 |
QUOTE I also think warrior should step up and buy NBH And repaint Bauer's entire stick inventory I think BAUER should buy back Bauer. If that can be done? -------------------- 2007-2008 Stanley Keg Champion (Captain)
"Where did you learn that move, Peter Puck?" George Bowman "I believe in separation between church and skate" |
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Sep 20 2007, 05:38 PM
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#9
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 Group: Members+ Posts: 1497 Joined: 20-March 04 From: Columbus, OH Member No.: 68 |
F it...I am done playing! I am not wearing a Warrior Kronik helmet!
-------------------- “This is our canvas. Our easel. This is how we paint, on fresh sheets of ice.” - Jeremy Roenick
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Sep 20 2007, 05:43 PM
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#10
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 Group: Senior Members Posts: 707 Joined: 18-March 05 From: NJ Member No.: 1516 |
What are the chances of Bauer just returning to Bauer only?
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Sep 20 2007, 05:44 PM
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#11
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 Group: Members++ Posts: 376 Joined: 3-June 07 From: Rochester Michigan Member No.: 4992 |
i second that warrior/mia better leave bauer alone. They'd screw bauer up so much...
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Sep 20 2007, 05:46 PM
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#12
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 Group: Members+ Posts: 1015 Joined: 26-October 05 From: Sweden Member No.: 2091 |
Adidas?
-------------------- "My definition of a free society is a society where it is safe to be unpopular." - Adlai E. Stevenson Jr. (1900 - 1965), Speech in Detroit, 7 Oct. 1952
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Sep 20 2007, 05:48 PM
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#13
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Group: Senior Members Posts: 707 Joined: 18-March 05 From: NJ Member No.: 1516 |
Adidas owns RBK right?
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Sep 20 2007, 05:51 PM
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#14
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 Group: Members+ Posts: 2775 Joined: 30-November 06 From: Houghton, MI Member No.: 3932 |
Adidas owns Reebok.
There might be a company not currently in the Hockey Business that wants in. If someone like UnderArmour liked the profitability they may buy it, keep the Bauer name and let the company run as an affiliate. I can almost see the day when my buddy who pisses and moans about the swoosh on the front of the Bauer logo (every time he buys something from them) keeps his current NBH stuff as "collector's items" This post has been edited by Rustpot: Sep 20 2007, 05:51 PM |
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Sep 20 2007, 05:52 PM
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#15
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Group: Members+ Posts: 1497 Joined: 20-March 04 From: Columbus, OH Member No.: 68 |
QUOTE(McDougalfaschnitzer @ Sep 20 2007, 06:48 PM) [snapback]476698[/snapback] Adidas owns RBK right? Correct -------------------- “This is our canvas. Our easel. This is how we paint, on fresh sheets of ice.” - Jeremy Roenick
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Lo-Fi Version | Time is now: 9th February 2010 - 12:56 AM |