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Nike Proves It Can Run “All Businesses” Profitably

Portfolio.com recently published an article “Beyond Swoosh” in which they highlight the success of Converse, Umbro and Cole Haan – Nike’s “other businesses” as they call them. These “other” brands have posted a 13% sales increase to $365 million while Nike continues to grow 5.7% to $4 billion. The article really speaks to the strength of Nike to apply its own success models to other brands.

To check out the article visit http://www.portfolio.com/companies-executives/2010/04/22/sales-of-other-nike-brands-like-converse-show-big-growth.