united kingdom--have you ever heard of umbro? you may not be familiar with the apparel line, but nike sure is - umbro is one of europe's largest sportswear line. that's exactly why u.s based nike is interested in aquiring them. according to press stories, they have made an all cash offer of about 404 million u.s. dollars for the company, a move which is supported unanimously by the umbro board. wow. i'm still tripping off the $404 million all cash part. i wonder what that looks like.....
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blaynistas: blog back! let me know what you think about fashion news, fashion gossip, or yourselves! can't wait to chat. xo,zb