JUST FOCUS: Nike Inc., the world's largest maker of athletic shoes and clothes, plans to sell 2 brands — Umbro soccer gear and Cole Haan shoes — to cut costs and focus on its core products.
A BETTER FIT: The company said its Jordan, Converse and Hurley products have more potential and "unique consumer relationships" that complement the Nike brand.
CHARGING AHEAD: The popularity of Nike's shoes and clothes has helped the company surpass numerous rivals in spite of rising costs for packaging, fuel and other raw materials.
How to Profit From Fracking and Shale. Access Our Free Report Here.