Nike Sells Hurley After 17 Years

Nike has been going through a lot of restructuring lately, most notably with the stepping down of CEO Mark Parker. Now, the sportswear giant has made a deal to sell surf and skate brand Hurley after 17 years of owning the company. Licensing, branding and marketing specialist Bluestar Alliance LLC. will be taking over Hurley in the near future, likely in December.More details surrounding the sale haven't been disclosed yet, but Nike did state in a press release that the reason behind the move is ...