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Nike looking to sell Bauer

#1 User is offline   srv2miker 

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Posted 20 September 2007 - 05:07 PM

"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: 20 September 2007 - 05:06 PM

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#2 User is offline   Law Goalie 

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Posted 20 September 2007 - 05:09 PM

One brand to rule them all...

RBK/CCM/NBH/OMG/WTF...

#3 User is offline   wex12 

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Posted 20 September 2007 - 05:10 PM

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: 20 September 2007 - 05:18 PM

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#4 User is offline   Nick411 

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Posted 20 September 2007 - 05:19 PM

perfect opp for someone like warrior to step up huge if they got deep enough pockets

#5 User is offline   wex12 

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Posted 20 September 2007 - 05:21 PM

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: 20 September 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"

#6 User is offline   budro727 

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Posted 20 September 2007 - 05:26 PM

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


#7 User is offline   LkptTiger 

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Posted 20 September 2007 - 05:32 PM

Please...no...God.
I hate my new friends.

#8 User is offline   wex12 

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Posted 20 September 2007 - 05:32 PM

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"

#9 User is offline   JGraz15 

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Posted 20 September 2007 - 05:38 PM

F it...I am done playing! I am not wearing a Warrior Kronik helmet!
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#10 User is offline   McDougalfaschnitzer 

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Posted 20 September 2007 - 05:43 PM

What are the chances of Bauer just returning to Bauer only?

#11 User is offline   Lufria 

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Posted 20 September 2007 - 05:44 PM

i second that warrior/mia better leave bauer alone. They'd screw bauer up so much...

#12 User is offline   Fredrik 

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Posted 20 September 2007 - 05:46 PM

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

#13 User is offline   McDougalfaschnitzer 

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Posted 20 September 2007 - 05:48 PM

Adidas owns RBK right?

#14 User is offline   Rustpot 

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Posted 20 September 2007 - 05:51 PM

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: 20 September 2007 - 05:51 PM


#15 User is offline   JGraz15 

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Posted 20 September 2007 - 05:52 PM

View PostMcDougalfaschnitzer, on Sep 20 2007, 06:48 PM, said:

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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