WWD.com/footwear-news/business/iconix-snaps-up-umbro-6446737
business
business

Iconix Snaps Up Umbro

The firm will buy the brand from Nike for $225 million.

business/news

Iconix Brand Group Inc. is making another big buy.

The company said today it will acquire Umbro from Nike Inc. for $225 million in cash. The deal is expected to close by end of year.

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